Boostcapitalacademy.com is currently executing a deceitful investment scheme. It tempts potential investors with the allure of significant returns on their initial investment. However, once the money is deposited, the fraudsters pocket the funds and disappear. The site is riddled with several under-construction pages, which are filled with default content and filler text. Also, the collaborations the company claims to have on its website are purely imaginary. The pictures they use are also fraudulent. As of the time this report was created, the website had been in existence for 82 days.
An investment scam is a ploy where individuals are tricked into putting their money into fraudulent schemes. The scammers promise high returns on the investment, often with little or no risk. Once the money is deposited, the fraudsters take off with the money, leaving the investors with significant losses.