Iqforextrade.com is a deceptive investment scheme designed to defraud unsuspecting individuals. The company lacks a significant presence on social media and is absent from major consumer review platforms, raising red flags about its legitimacy. At the time it was identified, the website had only been active for 34 days, suggesting it is a recent and potentially fraudulent operation. Additionally, there is no customer service phone number available on the site. Investors are promised substantial returns, but once funds are transferred, the scammers vanish without a trace.
An investment scam is a fraudulent scheme where individuals are deceived into investing money with the promise of high returns, only to lose their funds to the scammers.