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1 year ago
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Lanecain-homes.com

Investment scams
https://lanecain-homes.com

Lanecain-homes.com, a website merely 139 days old, is operating an investment scam. The site lacks a customer service phone number and the business address provided is nonexistent. Despite claims of operating within a specific state, the company lacks the necessary registration. Social media profiles for the business are nowhere to be found. The website promises lucrative returns on investments, but once you invest, the money disappears along with the scammers.

An investment scam involves a fraudulent scheme where individuals are enticed to invest money with the promise of high returns, but instead, the scammers abscond with the funds.

Red Flags

Fake address
Fake business name
Recently registered

Missing Information

No phone numbers
No reviews
No social media
An investment scam is a deceptive practice. It's designed to lure investors into making decisions based on false information. These scams often promise high returns with little to no risk. Scammers use various tactics to appear legitimate. They may use professional-looking websites and documents. They can also show false testimonials from satisfied investors. A common type of this scam is the Ponzi scheme. Here, returns for older investors are paid using the money from new investors. Over time, the scammer can't find enough new investors. The scheme collapses, leaving many people with significant losses. Another type is the pump and dump scheme. Scammers inflate the price of a cheap stock they own. Then, they sell it off when the price is high, causing it to crash and investors to lose money.

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