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1 year ago
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Coinhedgepro.com

Investment scams
https://coinhedgepro.com

Coinhedgepro.com is a fraudulent investment site. The domain, only 20 days old at the time of this report, promises high returns but vanishes with your money. The site lists a fake business address and lacks a customer service phone number. Additionally, the company has no presence on social media.

An investment scam is a fraudulent scheme that promises high returns but ultimately steals your money.

Red Flags

Fake address
Recently registered

Missing Information

No phone numbers
No social media
An investment scam involves fraudsters convincing people to invest money in fake opportunities. Scammers often promise high returns with little or no risk. They may present fabricated success stories or fake endorsements to build credibility. Scammers use persuasive tactics to create a sense of urgency, pressuring individuals to act quickly. They may use complex jargon to appear knowledgeable and trustworthy. These schemes often involve pyramid or Ponzi structures, where returns for older investors are paid from new investors' contributions. Fraudsters may also use official-looking websites or documents to appear legitimate. They often target vulnerable individuals, exploiting their financial aspirations. Be cautious of unsolicited offers and too-good-to-be-true promises.

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On February 20, 2023, Coverletssale.com was reported in the online scam category. The website is a newly registered domain, with a registration date of December 19, 2022. At the time of the complaint, the website was only 63 days old. However, the listed address, 381 S Main St, Crystal Lake, IL 60014, is a USPS […]

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