Bullmargintrade.com, a recently launched website, is operating an investment fraud scheme. The domain name is barely 142 days old, and there’s no customer service phone number listed on the site. The business address shown is a sham, and there’s no trace of the site on any social media platforms. They promise attractive returns on your investment, but once you invest, the fraudsters abscond with your money.
Investment scams are deceptive strategies where fraudsters persuade individuals to invest money with promises of high returns. However, once the investment is made, the scammers disappear with the invested funds.