Explicitcrypt.com
Analysis
People have reported Explicitcrypt.com for operating a fraudulent investment scheme. The site promises attractive returns on your investments, but once you invest, the fraudsters abscond with your money. The business address provided on the website doesn’t exist in reality. When the scam was discovered, the website had only been active for 98 days. The site doesn’t provide a customer service phone number. Furthermore, the company doesn’t have any presence on social media platforms.
An investment scam is a scheme where fraudsters trick people into investing money with the promise of high returns. However, once the money is invested, the scammers disappear, leaving the investors with significant losses.
Red Flags
Fake address
Fake images
Fake promises
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice. It seeks to trick individuals into placing money in fake or non-existent investment ventures. This type of fraud often comes with enticing promises. High returns and minimal risk are the common hooks used by scammers.
They employ various tactics to appear legitimate. Fancy websites, persuasive sales pitches, and fake testimonials are part of the illusion. They may also use high-pressure sales tactics. Urgency is a common tool; they want you to invest right away, without taking time to consider.
These scams can also come in the form of pyramid schemes or Ponzi schemes. These swindles require new investors to pay off the earlier ones. Eventually, the scheme collapses when there are no more new investors. This leads to substantial financial loss for those who bought in later.
Latest investigations
Fake stores
Figlinensandhome.shop
The website Figlinensandhome.shop has been identified as a fraudulent online store. The items listed on this site are replicas, potentially hazardous due to the substandard materials used in their creation. This scam came to light when the website was merely 92 days old. A glaring red flag is the absence of a customer service phone […]
Fake stores
Rookjapans.shop
A new website called Rookjapans.shop is running a fake store scam. The scam was found when the site was just 144 days old. Many pages on the site are incomplete and filled with default text. The website has copied content from other sites. The images on the site don’t actually show the real products. Many […]
Investment scams
Daseholdings.com
Daseholdings.com is a website flagged as a scam. It’s run by a company from another country. They promise you’ll make a lot of money if you invest. But once you do, they take your cash and disappear. When this was reported, the site was only 80 days old. The address they list for their business […]
Fake stores
Aurorabart.top
Aurorabart.top is operating a deceptive commercial scheme, duping consumers with replicated content from genuine websites. The products listed on their site are far from original and potentially hazardous, due to the substandard materials used in their manufacture. Remarkably, the company bears no presence on any social media platform. The site has several unfinished pages, stuffed […]
Fake stores
Bathroom-plumbing.com
Bathroom-plumbing.com is a dubious online store that we’ve recently identified as fraudulent. Its registration details reveal that it’s a relatively new site, having been set up only 56 days ago. A concerning aspect is the absence of a customer service phone number, which is typically a red flag for fraud. Moreover, it’s clear that this […]
© 2022 Marketing Space LLC - All Rights Reserved