Fundriseinvestments.com

Crypto scams

https://fundriseinvestments.com

Analysis

Fundriseinvestments.com claims to offer lucrative crypto exchange opportunities. However, it’s all a trap. The site was merely 29 days old when the scam became apparent. They promise substantial profits from your investments, yet once you’ve handed over your money, the culprits vanish. You won’t find a customer support phone number on the website. The supposed location of the business does not have any official registration records. The website reveals an overseas company as the owner. Their footprint on social media platforms is practically invisible. Furthermore, the company’s absence from well-known consumer review platforms raises suspicion.

A crypto exchange scam involves a deceitful scheme that lures unsuspecting victims into investing in cryptocurrencies through a platform that’s fraudulently set up. Once the investment is made, the fraudsters disappear, taking the investors’ money with them.

Video explanation

Red Flags

Fake business name

Foreign company

Recently registered

Missing Information

No phone numbers

No reviews

No social media

Scam Explainer

Crypto exchange scams are deceptive activities where fraudsters trick people into investing in fake cryptocurrencies. They often use the promise of high returns to lure individuals. These scams are made to look like legitimate crypto exchanges but are entirely fraudulent. The scammers often create a sleek website, which looks professional and real. They even offer customer support and have online reviews. However, once you deposit your money, it's almost impossible to get it back. One way to spot a scam is the promise of guaranteed profits. In the world of investing, there's no such thing as guaranteed profits. Another red flag is pressure to act immediately. Legitimate exchanges won't rush you to make a decision. To avoid falling for these scams, always do your research before investing. Check the exchange's authenticity and consult with professionals. Remember, if something seems too good to be true, it probably is.