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
Exuberantaesthetics.com
Exuberantaesthetics.com, a website that recently came into existence, has been identified as a source of a fake store scam. Established merely 52 days ago, it claims to operate from a state where it has no legal standing. The products it offers are far from authentic and could potentially be harmful, given the subpar materials used […]
Fake stores
Annkes.shop
Annkes.shop operates a deceptive scheme, posing as a legitimate online store. The products offered on this site are counterfeit, potentially posing risks due to the substandard materials used in their production. A glaring omission on the website is the lack of a customer service contact number. Many sections of the site remain under construction, populated […]
Investment scams
Capitalcryptotrading.com
Capitalcryptotrading.com has been flagged as a scam. The site was only 42 days old when this was reported. You won’t find a customer service phone number on their website. The company lacks any reviews on major consumer review sites. Social media platforms show no trace of them. They promise significant growth for your investment. Once […]
Investment scams
Aitradingx.com
Aitradingx.com has been flagged as a scam. The site was just registered, and the domain is only 115 days old. Phone numbers on the site don’t work, and the address listed doesn’t exist. They claim to quickly increase your money, but once you invest, they take off with your cash. There are no social media […]
Investment scams
Silveroak-trader.com
Silveroak-trader.com runs an investment scam. The phone numbers listed on their site don’t work, and the address they provide doesn’t exist. People from overseas own and manage the site. They promise high returns on investments, but once you invest, they vanish with your money. The company has no presence on social media, making it hard […]
© 2022 Marketing Space LLC - All Rights Reserved