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8 months ago
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Genesis-funds.ltd

Investment scams
https://genesis-funds.ltd

Genesis-funds.ltd has been flagged as an investment scam. They promise big profits, but once you invest, they take your money and disappear. When the scam was discovered, the website had only been around for 33 days. It’s run by people or a group from another country. The address listed on the site is fake, and there’s no phone number for customer service. Be careful and always do your research before investing your hard-earned money. Don’t let these scammers trick you into losing your savings.

An investment scam tricks people into giving money with false promises of high returns, then the scammers disappear with the funds.

Red Flags

Fake address
Foreign company
Recently registered

Missing Information

No phone numbers
Investment scams often lure individuals with promises of high returns and low risk. Scammers present schemes that seem too good to be true, such as guaranteed returns or insider opportunities. They often use persuasive language to create a sense of urgency, pressuring potential victims to invest quickly without thorough research. These scams can take many forms, including Ponzi schemes, where returns for early investors are paid with the capital from new investors. Scammers may also use fake testimonials or fabricated credentials to appear credible. They exploit social connections and trust, sometimes using personal relationships to recruit new victims. Scammers might create fake websites or use official-looking documents to appear legitimate. They often disappear once they've collected enough money, leaving victims with significant financial losses.

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