Consumers have flagged Buxassets.com as an investment scam. The website, which is quite new with its domain name just 96 days old at the time of the report, promises high returns on investments. However, after investing, people find their money taken and the scammers gone. The content on the website is not original and appears to be copied from similar sites. The website does not list an official business name and has no social media following. Additionally, there are no reviews for the company on any of the well-known consumer review websites.
An investment scam is a fraudulent scheme where scammers promise high returns on investments to lure people into giving them money. Once the money is handed over, the scammers disappear, leaving the investors with significant losses.