Kochcryptotrade.com
Analysis
Kochcryptotrade.com has been flagged as an investment scam. It lures people in with promises of significant returns, only for the fraudsters to disappear with their deposits. Interestingly, the company doesn’t have a trace on any well-known consumer review platforms. The images displayed on their website also fail to accurately represent the services they claim to provide. The scam came to light when the website was just over a month old, at 41 days. One glaring omission that raises suspicion is the lack of a customer service phone number on the website.
An investment scam typically involves a fraudulent scheme promising high returns on investments. The fraudsters usually disappear after receiving deposits from unsuspecting investors, leaving them with significant financial losses.
Red Flags
Copycat content
Counterfeit
Default content
Fake address
Fake business name
Fake images
Fake partnerships
Fake promises
Misleading
Recently registered
Unfinished website
Missing Information
No phone numbers
No reviews
Scam Explainer
An investment scam is a deceptive practice. It's designed to take your money by promising high returns with little to no risk. The scammer uses persuasive language and tactics to convince you to invest.
These scams can take many forms. Ponzi schemes, pyramid schemes, and pump and dump scams are just a few examples. In a Ponzi scheme, the scammer pays returns to earlier investors using money from later investors. Pyramid schemes involve recruiting others to invest in a program. The profits are supposed to trickle up the pyramid, but they rarely do.
Pump and dump scams involve artificially inflating the price of a stock. The scammer then sells their shares at the high price, causing the price to crash and investors to lose their money. It's important to be aware of these scams and to do your research before investing.
Remember, if an investment sounds too good to be true, it probably is. Always take the time to investigate before you invest your hard-earned money.
Latest investigations
Crypto scams
Tradexda.com
According to reports, Tradexda.com, a relatively new website, barely 79 days old, has been identified as a fraudulent platform set up to swindle unsuspecting cryptocurrency investors. They promise huge returns on investments but once you deposit your funds, they disappear without a trace. An extensive search for reviews on major platforms yielded no results, suggesting […]
Fake stores
Uskidsattire.com
Many consumers have raised complaints about Uskidsattire.com, accusing it of operating a fraudulent online store. When the allegations surfaced, the website had only been active for 92 days. Interestingly, the site does not provide a contact phone number for customer service. Moreover, the business’s location information displayed on the site is misleading. The content of […]
Fake stores
Nashaye.com
Nashaye.com, a recently established website, is under suspicion for perpetrating a fraudulent store scam. The domain was registered a mere 68 days ago at the time of this investigation. The authenticity of the site’s content raises questions, as it seems to be a carbon copy of several similar websites. The site does not provide a […]
Investment scams
Cryptokingsltd.com
Cryptokingsltd.com has been flagged as a fraudulent investment operation. The company lacks any reviews on reputable consumer review sites. Remarkably, no one follows the website on social media platforms. Various sections of the website remain under construction, populated with filler content and placeholder text. It also falsely advertises online partnerships. The illustrations on the website […]
Fake stores
Locounique.com
Locounique.com operates a fraudulent online store. The deceitful activities of the website were identified when it was merely 19 days into operation. There is an absence of a customer service phone line on the site. The products offered on this website are counterfeit and may pose a risk due to the poor quality of materials […]
© 2022 Marketing Space LLC - All Rights Reserved