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5 months ago
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Cinexmarket.com

Investment scams
https://cinexmarket.com

Cinexmarket.com, although appearing legitimate, has been revealed as an investment scam. This fraudulent operation was unmasked when the website was still in its infancy, just 78 days after its creation. They lure unsuspecting individuals with promises of high returns on their investment. However, once you part with your hard-earned cash, the deceitful individuals behind the scam disappear, leaving you empty-handed. More red flags were raised when it was discovered that the company is not officially registered in the state it claims to operate from. Also, it seems the company’s reviews are mysteriously absent. There is no presence of the company on any social media platforms either.

An investment scam involves deceitful individuals or false companies enticing investors with the promise of high financial returns. The scammer typically takes the money from the investor, then disappears without delivering on their promises.

Red Flags

Fake business name
Recently registered

Missing Information

No reviews
No social media
An investment scam is a fraudulent business or scheme. It lures innocent people promising them high returns with minimal risk. These schemes often appear very legitimate, with detailed and professional-looking documents and websites. Scammers use various tactics to deceive people. One common method is the 'Pump and Dump'. They artificially inflate the price of a cheaply purchased stock. They then sell it at a high price before the price crashes. Investors are left with worthless shares. Another common scam is the Ponzi scheme. It relies on the money of new investors to pay returns to older investors. This creates an illusion of a profitable business. The scheme collapses when there are no more new investors. So, the key characteristics of these scams are high returns, low risk, consistent returns and unregistered investments. The best way to avoid these scams is to research thoroughly and be aware of the too-good-to-be-true offers.

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