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1 year ago
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Elite-crest.com

Investment scams
https://elite-crest.com

Elite-crest.com, a recently registered domain, is running an investment scam. At the time of this report, the domain was only 10 days old. Managed by foreign entities, the website falsely claims a business location and lists non-functional customer service numbers. Additionally, it lacks any social media presence, further indicating its fraudulent nature.

An investment scam is a deceptive scheme where fraudsters trick individuals into investing money with the promise of high returns, only to steal the funds.

Red Flags

Fake address
Foreign company
Phone disconnected
Recently registered

Missing Information

No social media
An investment scam involves fraudsters convincing individuals to invest money in fake or dubious schemes. They often promise extremely high returns with little or no risk. Scammers use persuasive language and fabricated testimonials to build trust. They frequently present opportunities as exclusive or time-sensitive to pressure quick decisions. These scams may use official-looking documents and websites to appear legitimate. Scammers might also impersonate reputable financial institutions or professionals. Victims are often told their investments are in stocks, real estate, or new technologies. However, the money is typically used for the scammer's gain. They may provide false updates to maintain the illusion of a profitable investment. Once the scammer has collected enough funds, they disappear, leaving investors with significant losses.

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