The website Autoglobalsecured.com is under suspicion for conducting a crypto exchange scam. It was merely 19 days old when this suspicion surfaced. They promise you immense returns on your investment. However, once you transfer the funds, they vanish with your money. The website features deceptive reviews from individuals who don’t exist. There’s no phone number provided for customer service on the website. The company has almost no presence on social media platforms. Despite claiming to be registered in a particular state, the company lacks any official registration. The business location information provided on the website is false.
A crypto exchange scam is a fraudulent scheme where a website or company promises high returns on cryptocurrency investments. After the investor transfers their funds, the scammers disappear with the money. These scams often feature false reviews and lack proper customer support, registration, and verifiable location information.