Hovetrade.com
Analysis
Hovetrade.com is a fake investment site. They promise big returns, but once you send money, they vanish. The scam was found out when the site was just 9 days old. The phone numbers on the site don’t work anymore. The address they give is fake. Many pages on the site are unfinished and full of placeholder text. The company isn’t on social media.
An investment scam tricks people into sending money with promises of high returns, but the scammers disappear with the funds.
Red Flags
Fake address
Phone disconnected
Recently registered
Unfinished website
Missing Information
No social media
Scam Explainer
An investment scam involves fraudsters tricking individuals into investing money in fake or misleading opportunities. Scammers often promise high returns with little or no risk. They may claim insider knowledge or exclusive access to lucrative deals.
Fraudsters use persuasive tactics to build trust. They create elaborate websites, fake testimonials, and professional-looking materials. They often pressure potential victims to act quickly, creating a sense of urgency.
Scammers might also use complex jargon to confuse investors. They often target those unfamiliar with financial markets. Once they receive the money, they disappear, leaving victims with significant losses.
Latest investigations
Investment scams
Procoremining.com
Procoremining.com has been flagged as an investment scam. When this was discovered, the site was only 35 days old. There’s no customer service phone number available, which makes it hard to reach them. Plus, the address listed on their site can’t be confirmed as real. They also have no presence on social media, which is […]
Investment scams
Tphit.co
Beware of Tphit.co, they’re operating an unscrupulous investment scheme. They lure you with the promise of substantial returns on your investments, but once you part with your money, it vanishes into thin air. Their alleged affiliations, as advertised on their site, are nothing more than lies. Upon closer examination of their website, numerous pages are […]
Investment scams
Luminarygrid.com
Luminarygrid.com tricks people with a fake investment scheme. The website is very new, only 49 days old when discovered. There’s no phone number for customer service, making it hard to reach them. The company barely exists on social media, which raises more doubts about its legitimacy. Many people fall for these scams because they promise […]
Crypto scams
Invest-nova.org
Invest-nova.org, a newly registered domain, is running a crypto exchange scam. The business name it uses isn’t registered in the state it claims to operate from. No reviews exist for this company on major consumer review sites. The website lacks social media followers and contains default content and placeholder text on several incomplete pages. A […]
Investment scams
Innovatexwelfare.com
The website Innovatexwelfare.com is operating a deceptive investment scheme. They tempt potential investors with the promise of significant returns but disappear after money has been invested. The absence of an official business name on their site raises eyebrows. The website is riddled with incomplete pages replete with default content and filler text. Their social media […]
© 2022 Marketing Space LLC - All Rights Reserved