Bit-vex.com is a front for an investment scam, promising high returns on initial deposits. The website, flagged as fraudulent just 65 days after its launch, lacks both social media presence and genuine reviews. Phone numbers listed are non-functional, raising further suspicions. Investors are lured in with the promise of substantial profits, only to have their money vanish without a trace.
An investment scam is a fraudulent scheme where scammers promise high returns to lure people into investing money, which they then steal.