Consumers have flagged Kimotrade.com as an investment fraud. The site promises massive returns on investments, but the money vanishes once deposited, with the fraudsters making away with it. Oddly, not one review about the company exists on major customer review platforms. It also lacks any presence on social media. The site is filled with incomplete pages, standard filler content, and placeholder text. The so-called online partnerships it displays are fake. The images on the site don’t accurately depict the product on offer. The website is a recent creation, with the domain name only 28 days old at the time of this report. Furthermore, the website doesn’t have a customer service phone number listed.
Investment scams are deceptive tactics by unscrupulous individuals or companies who promise high returns on investments. They take your money and either disappear or use it for their own gain without providing the promised returns.