Consumers have flagged Crudassets.com as a fraudulent investment scheme. The website, which is 145 days old at the time of the report, displays non-working phone numbers. Numerous unfinished pages, replete with default content and placeholder text, litter the site. The business location information provided is false. The company is conspicuously absent from all social media platforms. No reviews for the company are available on any of the well-known consumer review sites. Despite the website’s promises of significant percentage profits on initial investments, it’s merely a smokescreen for fraudsters who abscond with the invested funds.
An investment scam is a deceptive operation where fraudsters pose as legitimate investment opportunities. They promise high returns and use persuasive tactics to lure investors. Once the money is deposited, the scammers vanish, leaving the investors with significant losses.