Consumers have raised complaints about Fxempire.live, accusing it of operating an investment fraud. They lure you with promises of substantial returns on your investment, but once you put your money in, the fraudsters take it and disappear. Several pages on their website are still under construction, filled with default text and placeholder material. The scam came to light when the website was merely 105 days old. A customer service phone number is conspicuously absent from the website. The site also contains plagiarized content from other websites. Furthermore, there are no social media profiles linked to the business.
An investment scam is a fraudulent scheme where individuals are enticed to put their money into a venture with the promise of high returns. However, instead of investing the money as promised, the fraudsters take the money and disappear, leaving the investors with significant losses.