Bit-glow.com
Analysis
Bit-glow.com, a relatively new website at just 121 days old, has been flagged as a potential crypto exchange scam. It’s notable that the site doesn’t provide a customer service phone number. The address given for the company is also invalid, and the business isn’t registered in the state it purports to operate from. Their social media footprint is almost invisible, and they have no presence on well-known consumer review platforms.
A crypto exchange scam involves a fraudulent website or platform that pretends to deal in cryptocurrency transactions. These scams often lack customer service, provide false company information, and have little to no social media or review platform presence.
Red Flags
Fake address
Fake business name
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
A crypto exchange scam involves fraudsters creating a fake cryptocurrency exchange. They often design these platforms to look professional and trustworthy.
These scammers promise high returns and low fees to attract users. They may also offer incentives for referrals, encouraging users to bring in friends and family.
Once users deposit their cryptocurrency into the fake exchange, the scammers disappear with the funds. The website may go offline or users may find they can't withdraw their funds.
The scammers might manipulate the fake exchange's trading volume. This gives the illusion of a busy exchange, luring more victims into the scam.
Lastly, these scams often use social media and email campaigns for promotion. They may impersonate well-known figures in the crypto industry to gain trust.
Latest investigations
Fake stores
Chandracarpet.com
Chandracarpet.com has been identified as a scam, posing as a legitimate online store. The content on their website has been plagiarized from other sites, suggesting a lack of authenticity. The items they purport to sell are not original, and the low-quality materials used in their production could pose a potential risk. The images showcased on […]
Investment scams
Icm-cap.com
Icm-cap.com, a relatively new website, was found to be operating an investment scam. The discovery was made when the site was just 145 days old. Oddly, no customer service phone number is provided on the site. Furthermore, the company claims to operate in a certain state, but there’s no registration record to back this up. […]
Fake stores
Wellbabylife.com
Wellbabylife.com appears to be involved in shady online activities, resembling a faux store scam. The website, which is just 56 days old at the time of writing this report, lacks a visible customer service hotline. It’s been noticed that the content on the site lacks originality, seemingly lifted from similar sources. The website promotes articles […]
Fake stores
Bumperstock.shop
Bumperstock.shop is operating a deceptive business scheme. The absence of a customer service phone number is a noticeable red flag. The website, at the time of this investigation, is a mere 92 days old. The products advertised on this site are not only false, but they could also pose a risk due to the use […]
Fake stores
Outdoorsrockingchairs.shop
Customers have reported Outdoorsrockingchairs.shop for operating a fraudulent online store. The products sold on this platform are knock-offs, potentially posing risks due to the substandard materials used in their manufacture. The site lacks a listed customer service phone number. Additionally, the website has been flagged for content plagiarism, mimicking other similar sites. Stock images are […]
© 2022 Marketing Space LLC - All Rights Reserved