Kuvurcoin.com, a website only 99 days old, is found to be orchestrating an investment scam. Despite claiming to be legally established in a certain state, the business lacks the necessary legal credentials. The partnerships showcased on the website are nothing but a sham. A closer look at the website reveals unfinished pages filled with default content and placeholder text. Interestingly, the website is owned and operated by a foreign company. It also lacks a social media footprint, raising more red flags. The absence of reviews for the company adds to the suspicion. The website promises high returns on investments, but the reality is quite different. Once you invest, the money disappears into thin air, taken by the scammers.
An investment scam is a fraudulent scheme where scammers promise high returns on investments, only to disappear with the invested money once it’s received.