Customers have raised concerns about Egomining.com, accusing it of running an investment fraud. The website lures potential investors with the promise of significant returns on initial investments. However, once the money is deposited, the so-called investors disappear, taking the money with them. The contact numbers provided on the website are not functional and the business address given is a sham. The photographs displayed on the website are not genuine, and the associations that the company claims to have are non-existent. There are numerous pages on the website that are under construction, filled with placeholders and dummy content.
Investment scams are fraudulent schemes in which people are enticed to part with their money with the promise of a profitable return. They often involve a person or company posing as a legitimate investment firm or financial advisor. The perpetrators typically disappear after collecting funds, leaving the investor with a significant financial loss.