Coretrade-finances.com
Analysis
Coretrade-finances.com is a new website running an investment scam. It was only 19 days old when it got detected. The site lacks a phone number for customer support. They promise big returns on your investment, but once you invest, they take your money and disappear. The website has no followers on social media, which is another red flag.
An investment scam tricks people into putting money into fake opportunities, promising high returns but ultimately stealing their funds.
Red Flags
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam involves fraudsters tricking people into investing money into fake or misleading opportunities. Scammers often promise high returns with little or no risk. They may claim insider knowledge or exclusive access to lucrative deals.
Fraudsters use persuasive tactics to gain trust. They may create fake websites, testimonials, and reviews to appear legitimate. Many scammers pressure victims to act quickly, warning that the opportunity is limited-time only.
They often target vulnerable individuals, such as the elderly or those in financial distress. Scammers may also use social proof, showing fake success stories to lure more victims. Once the money is invested, it becomes difficult or impossible to recover.
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