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2 years ago
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Exlirbit.com

Investment scams
https://exlirbit.com

Consumers have lodged complaints against Exlirbit.com, accusing it of operating a fraudulent investment scheme. The company promises significant returns on your investment. However, after you’ve transferred your funds, the fraudsters abscond with your money. Several sections of the website are still under construction, filled with default content and placeholder text. The company’s advertised online partnerships are nothing but a sham. Even the images displayed on the website are not authentic. The website is relatively new, with the domain name just 41 days old at the time of this report. Notably, the site lacks a customer service phone number.

An investment scam refers to an unlawful plan or operation, promising high returns with little to no risk. Fraudsters manipulate investors into making monetary investments, only to abscond with the funds, leaving the investor with significant financial losses.

Red Flags

Copycat content
Counterfeit
Default content
Fake address
Fake business name
Fake images
Fake partnerships
Fake promises
Misleading
Recently registered
Unfinished website

Missing Information

No phone numbers
No reviews
Investment scams often begin with a persuasive sales pitch. The scammer may promise high returns or unique opportunities that are "guaranteed" to make money. These claims are often false. It's a ploy to take your money and run. Common types of investment scams include Ponzi schemes, pyramid schemes, and pump-and-dump scams. In a Ponzi scheme, the scammer uses money from new investors to pay returns to earlier investors. A pyramid scheme is similar, but participants make money by bringing in new participants. Pump-and-dump scams involve inflating the price of a stock, then selling it off once others have invested. Protect yourself by researching any investment opportunity. Be wary of promises that seem too good to be true. If it sounds too good, it probably is not true.

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