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10 months ago
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Eliteassetslimited.com

Investment scams
https://eliteassetslimited.com

Eliteassetslimited.com, a foreign-owned site, is flagged as an investment scam. It tempts investors with promises of substantial returns, only to have scammers abscond with the funds. The business address listed is fraudulent, and the site, just 79 days old at the time of reporting, lacks a customer service phone number.

Investment scams deceive individuals by promising high returns with little risk, often leading to financial loss as the scammers disappear with the invested money.

Red Flags

Fake address
Foreign company
Recently registered

Missing Information

No phone numbers
Investment scams trick people into putting money into fake or misleading ventures. Scammers often promise high returns with little or no risk. They might claim that the opportunity is exclusive or time-sensitive, pushing potential investors to act quickly without thorough research. These scams usually involve complex jargon to appear legitimate. Fraudsters may use fake testimonials or endorsements from supposed experts. They often create professional-looking websites or documents to build credibility. Some even impersonate financial advisors or representatives of well-known companies. Scammers frequently contact targets through phone calls, emails, or social media, building trust through persuasive communication. They might also use social proof, suggesting that many others have already invested successfully. Once they collect enough money, they disappear, leaving victims with significant financial losses.

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