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1 year ago
186 Views

Handsfreetradings.com

Investment scams
https://handsfreetradings.com

Consumers have flagged Handsfreetradings.com as a dubious investment platform. The website, only 121 days old at the time of the report, lacks a customer service contact number. It also lists a phony business address. The company name it purports to operate under isn’t registered in the state it claims to be based in. Furthermore, the company has no significant presence on social media. They entice potential investors with promises of rapid financial growth. However, once the investment is made, the fraudsters abscond with the funds.

An investment scam involves a fraudulent scheme where individuals are enticed to part with their money, with the promise of high returns. However, the fraudsters behind the scheme simply disappear with the invested money, leaving the investors with significant losses.

Red Flags

Fake address
Fake business name
Recently registered

Missing Information

No phone numbers
No reviews
No social media
An investment scam is a deceptive practice. It's designed to make you part with your money under the guise of a promising investment opportunity. The scammer usually entices potential victims with high returns and low risks. Often, these scams involve unregistered securities, complex strategies or unlicensed individuals. Scammers are skilled at creating a sense of urgency. They pressure you to invest before you have time to research. They may also use confusing jargon and impressive titles to appear more legitimate. The goal is to have you invest your money based on false information and promises. Once the money is handed over, the scammer disappears, leaving the victim with significant financial loss.

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