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12 months ago
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Bitgotrade.com

Investment scams
https://bitgotrade.com
544-450-5745

Bitgotrade.com, a website that’s been active for 320 days, is reportedly involved in an investment scam. The customer service numbers provided on the site seem to be unresponsive, and the business address displayed is not real. Furthermore, the company barely has any presence on social media. The website entices potential investors with the promise of substantial returns on their initial investment. However, once the money is deposited, the scammers disappear with it.

An investment scam is a scheme where fraudsters trick individuals into parting with their money, promising high returns. They often vanish once they have the funds, leaving the investor with significant losses.

Red Flags

Fake address
Phone disconnected
Recently registered

Missing Information

No reviews
No social media
An investment scam is a fraudulent business scheme. Scammers promise high returns with little risk to lure people. They often use persuasive tactics and a sense of urgency to pressure you into investing. They may present themselves as experienced investors or financial advisers. They often have professional-looking websites and documents. Some scammers use Ponzi or pyramid schemes. They pay returns to earlier investors using money paid by new investors. Others may promote investments in unregulated or non-existent commodities. They often use complex jargon to confuse potential investors. Victims of investment scams often lose large amounts of money. It's important to be wary of too-good-to-be-true investment opportunities.

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