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11 months ago
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Coinforextrade.com

Investment scams
https://coinforextrade.com

Coinforextrade.com has been flagged as an investment scam. They promise high returns, but once you invest, the scammers disappear with your money. The address listed on their site is fake. The scam was uncovered when the site was just 334 days old. There’s no customer service phone number available. The company has no followers on social media and isn’t listed on major review sites. Be cautious and always research before investing.

An investment scam is a fraudulent scheme where scammers promise high returns to lure people into giving them money, which they then steal.

Red Flags

Fake address
Recently registered

Missing Information

No phone numbers
No reviews
No social media
An investment scam involves fraudsters convincing individuals to invest money in fake opportunities. Scammers often promise high returns with little or no risk. They may use persuasive language and fake testimonials to build credibility. They often create a sense of urgency, pressuring victims to act quickly. Scammers sometimes use complex jargon to confuse potential investors. They may also pose as professionals or use fake company names to appear legitimate. Victims are often asked to invest more money over time, with initial returns designed to build trust. Eventually, the scammer disappears with the invested funds. These scams can be difficult to identify, especially when they mimic legitimate investment opportunities. The impact on victims can be financially devastating and emotionally distressing.

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