Algominers.com, a recently established domain, is running an investment scam. Promising substantial returns, they lure investors in, only to disappear with their money. The site, just 70 days old at the time of reporting, lacks a customer service phone number and is operated by foreign entities. The business address listed on the website is fake, further indicating fraudulent activity.
Investment scams deceive individuals by promising high returns with little risk, only to steal their money.