Global-trade-group.com

Investment scams

https://global-trade-group.com

Analysis

Global-trade-group.com has been flagged as a potential investment fraud. The company has no presence on social media platforms, which is unusual for a legitimate business in today’s digital age. A closer look at the website reveals several pages that are incomplete, filled with default content and placeholder text. The website itself is fairly new, with the domain name being registered just 98 days ago at the time of this report. There’s no customer service phone number listed on the site, which raises further suspicion. Moreover, the business address provided on the website turns out to be non-existent, adding to the growing list of red flags.

An investment scam is a scheme where fraudsters trick individuals into parting with their money, promising high returns on investments. These scams often involve fake companies, like the one mentioned above, that lure unsuspecting victims with the promise of quick and easy profits. However, these companies often disappear as soon as they’ve collected enough money, leaving the investors with significant losses.

Video explanation

Red Flags

Fake address

Recently registered

Unfinished website

Missing Information

No phone numbers

No reviews

No social media

Scam Explainer

An investment scam is a deceptive practice. Scammers promise eye-catching returns to attract potential investors. They usually target people who want quick financial gains. Often, scammer's pitch sounds too good to be true. This is a red flag that it might be a scam. They offer high returns with low risk, a combination that's rare in the investment world. Scammers also use pressure tactics. They want you to invest immediately without giving you time to research. They may even show you fake testimonials from previous investors, claiming their investments have doubled or tripled in a short time. Another common tactic is the pyramid scheme. Early investors are paid returns from the investments of new victims. Eventually, when there are not enough new investors,, the pyramid collapses.