Cfsbitfx.com
Analysis
Cfsbitfx.com is a fraudulent crypto exchange. The website promises high returns on investments, but once you invest, the scammers vanish with your money. The phone numbers listed are non-functional, and no business exists at the provided address. The domain name is only 19 days old, and the company has no presence on social media.
A crypto exchange scam involves a fake platform that lures investors with promises of high returns, only to steal their money and disappear.
Red Flags
Fake address
Phone disconnected
Recently registered
Missing Information
No social media
Scam Explainer
A crypto exchange scam often involves fake platforms promising high returns on investments. Scammers create websites that mimic legitimate exchanges. They lure victims with promises of guaranteed profits and low-risk trading opportunities.
These platforms may offer bonuses or incentives for signing up. They often pressure users to deposit significant amounts of cryptocurrency quickly. Once the funds are deposited, the scammers disappear, leaving victims with no way to recover their money.
Scammers use sophisticated tactics, including fake reviews and endorsements, to build credibility. They may also use social engineering techniques to gain trust. Victims often realize they have been scammed only after they attempt to withdraw their funds and find it impossible.
Latest investigations
Investment scams
Fare-trades.com
Reports suggest that Fare-trades.com is a fraudulent investment site. They lure potential investors with the promise of hefty returns on their investments. However, once the investment is made, the fraudsters abscond with the funds. Notably, the company lacks any reviews on renowned consumer review websites. The information published on the website appears copied, bearing striking […]
Fake stores
Xhfadacai.com
On February 26, 2023, Xhfadacai.com was reported to be a fake online store. The website is a newly registered domain name, having been registered on February 6, 2023. The ownership of the website is concealed by a third-party privacy service, and there is no customer support number available. Xhfadacai.com is offering unrealistically steep discounts on […]
Investment scams
Apextradesunion.com
Apextradesunion.com tricks people into fake investments. A foreign company runs the site, promising big returns. Once you send your money, they vanish with it. The address listed on the site is fake. The website was just registered and is only 117 days old. No one follows them on social media. There are no reviews about […]
Fake stores
Designs-fashion.com
Designs-fashion.com, a website that’s been live for 77 days, has been flagged for allegedly being a scam. Its offerings, which are counterfeit, may pose a certain risk due to the substandard materials used in their creation. Evidence suggests that the website’s operations are based in China. The authenticity of the site’s content raises eyebrows as […]
Fake stores
Tom-cecillia.com
Tom-cecillia.com, a recently launched website, is involved in a deceptive store scam. The site, which is barely 131 days old, presents a false physical address for the business. The products displayed on the site are misrepresented through images that don’t reflect their true nature. Furthermore, the company lacks any social media presence, and there are […]
© 2022 Marketing Space LLC - All Rights Reserved