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2 years ago
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Litetradehub.com

Investment scams
https://litetradehub.com

Litetradehub.com is currently operating a fraudulent investment scheme. They promise significant returns on your investment, but once you’ve invested, the fraudsters abscond with your funds. The pictures they use on their site are not authentic. At the point of this investigation, the site had been active for 98 days. The content on the site is not original, it has been copied from other sites. There’s no customer service phone number displayed on the website. Our investigation revealed several incomplete pages on the site, filled with generic content and placeholder text. The partnerships showcased on the company’s site are completely made up.

An investment scam is a fraudulent scheme where individuals are persuaded to part with their money, with the promise of high returns. The scammers usually abscond with the funds, leaving the investors with significant losses.

Red Flags

Copycat content
Fake images
Fake partnerships
Recently registered
Unfinished website

Missing Information

No business address
No business name
No phone numbers
No reviews
No social media
Investment scams trick people into putting their money into fake or non-existent ventures. Scammers often promise high returns with little risk. They might use technical jargon, impressive websites or official-looking documents to appear legitimate. Typically, they'll put pressure on you to make a quick decision. They might claim the opportunity is limited or that you're getting an exclusive deal. Sometimes, scammers utilize a pyramid structure. They encourage victims to recruit others to invest. The money paid by later investors used to provide returns to earlier ones. Another tactic is the 'pump and dump' scheme. Scammers create a buzz around a worthless company's stocks to boost the price, and then sell their own shares for a profit, victim left holding worthless stocks.

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