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6 months ago
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Eastshares.com

Investment scams
https://eastshares.com

Eastshares.com has been called out as a scam. They promise big returns on your initial investment, but once you put your money in, they disappear with it. The business address listed on the site is not real. There’s no phone number for customer support on the site. When this was reported, the website had been around for 115 days.

An investment scam tricks people into putting money into fake opportunities, then the scammers take the money and disappear.

Red Flags

Fake address
Recently registered

Missing Information

No phone numbers
No reviews
An investment scam often involves fraudsters promising high returns with little or no risk. They lure individuals by claiming access to exclusive investment opportunities. These opportunities are often too good to be true. Scammers may use persuasive tactics and create a sense of urgency. They often present fake testimonials and fabricated success stories. This builds trust and credibility. Scammers sometimes use complex jargon to confuse potential investors. Their goal is to make the scheme appear legitimate and sophisticated. Many scammers use social media and online platforms to reach a wider audience. They exploit people's fear of missing out on lucrative deals. Victims are pressured to invest quickly without thorough research. Once they receive the money, scammers disappear, leaving victims with significant financial losses.

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