Cberrywtfx.com
Analysis
Cberrywtfx.com, a website that’s been active for 144 days, is currently under scrutiny for running an investment scam. The absence of a customer service phone number raises red flags, and the official business name remains undisclosed on the site. Moreover, the company’s lack of social media presence further fuels suspicions about its legitimacy.
An investment scam is a fraudulent scheme where individuals are enticed to part with their money with the promise of high returns. These scams often involve investments in shares, property, or commodities but can take many forms. The scammers typically have no intention of delivering on their promises, leaving the investor at a loss.
Red Flags
Recently registered
Missing Information
No business name
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice. It is designed to rob individuals of their money by promising high returns on investments. Fraudsters often use persuasive language, showcase fake testimonials, and create a sense of urgency to convince people to invest.
They may also use complex jargon to confuse potential victims. Often, these scams are presented as exclusive opportunities. It's a trick to make people feel privileged to be part of it.
In some cases, scammers use a tactic known as a Ponzi scheme. They use money from new investors to pay returns to earlier investors, creating the illusion of a profitable investment. This scam collapses when there's not enough new investors to pay the old ones.
Latest investigations
Fake stores
Showerroomvintage.com
Showerroomvintage.com, an online retailer, has garnered consumer complaints alleging it to be a sham operation. The dubious business practices were identified when the website was barely 55 days in operation. It lacks a contact number for customer service, creating suspicion around its legitimacy. The content’s originality on the website raises eyebrows as it seemingly mimics […]
Fake stores
Shoptheproscloset.shop
Shoptheproscloset.shop, a relatively new online store, was recently identified as a fraudulent operation. Just 29 days old at the time of detection, it lacks several key features of a legitimate business. For instance, it does not offer a customer service phone contact, which is a common feature in authentic online stores. Upon further examination, it […]
Investment scams
Affluentdragons.org
Affluentdragons.org has been found to be a fraudulent investment platform. This website entices potential investors with the allure of significant returns on their initial capital, only for the fraudsters to abscond with the deposited funds. The pictures displayed on this site do not accurately depict the product they are advertising. The website was recently established, […]
Investment scams
Primefundingfx.com
Primefundingfx.com has been flagged as a scam. The website was only 79 days old when the scam was discovered. It lacks a customer service phone number, and major consumer review platforms have no reviews for the company. They promise big profits from investing, but once you invest, the scammers disappear with your money. The company […]
Investment scams
Globefestltd.com
People have raised accusations against Globefestltd.com, stating it operates an investment fraud scheme. The company lures individuals with the promise of substantial returns on investments. However, once the investment is made, the fraudsters disappear, taking the investors’ money with them. The company’s visibility on popular consumer review platforms is notably absent. Likewise, the company’s footprint […]
© 2022 Marketing Space LLC - All Rights Reserved