Cryptouniversaltrade.com has been flagged as a fraudulent investment scheme. The site promises significant growth on your investment, however, once you’ve invested, the fraudsters abscond with your money. The website is a recent creation, with the domain name only 99 days old at the time of the report. The contact numbers provided on the site are non-functional. The information presented on the site is deceptive, as the business does not operate from the listed address. There are no social media profiles linked to the business. Furthermore, the partnerships that the company boasts of on its website are fictitious.
An investment scam is a scheme where fraudsters deceive investors into making monetary investments, promising high returns or profits. The scammer then takes the money and vanishes, leaving the investor with significant losses. These scams often involve misleading information, non-existent businesses, and fake partnerships.