Metroworldtrade.com
Analysis
Metroworldtrade.com has been identified as a fraudulent investment platform. They lure unsuspecting investors with promises of high returns. However, after the investment is made, the fraudsters disappear with the money. This scam was uncovered when the website was merely 100 days old. Interestingly, the phone numbers listed on their website are now inoperative. The physical address provided on the site is also a sham. Furthermore, the company has no presence on any social media platforms.
Investment scams are deceptive practices where fraudsters convince individuals to invest money with promises of high returns. However, instead of investing the money as promised, the scammers abscond with it. This leaves the investors with significant financial losses.
Red Flags
Fake address
Phone disconnected
Recently registered
Missing Information
No privacy policy
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice. It lures people into investing their money with promises of high returns. These scams often involve unregistered securities. They may also be unlicensed individuals conducting the schemes.
These fraudulent plans often promise quick wealth. The perpetrators use sales tactics that can be aggressive or use pressure. They may claim that the "opportunity" is only available for a short time.
In a Ponzi or pyramid scheme, investment returns are paid with money taken from new investors. The scam falls apart when not enough new investors are found. In pump and dump schemes, fraudsters 'pump' up the price of a stock by spreading rumors. Then they 'dump' their shares at the inflated price.
These scams are designed to look and sound legitimate which makes them harder to spot. Remember, if an investment seems too good to be true, it probably is.
Latest investigations
Crypto scams
Octabitfx.com
Octabitfx.com, a 121-day-old website, is orchestrating a cryptocurrency scam. The phone numbers listed on the site are currently out of service. The address provided for the business doesn’t exist. Despite claiming to operate from a specific state, the business doesn’t seem to be registered there. The website lacks a social media presence, with no followers […]
Investment scams
Bitpointsinvestment.org
Bitpointsinvestment.org has been flagged as a scam. The website was registered just recently, only 41 days old at the time of the report. It lists a fake business address and doesn’t offer a customer service phone number. The company behind the site operates from another country. Promises of big returns lure you in, but once […]
Fake stores
Epoolsupplyus.shop
Epoolsupplyus.shop, a recently identified site, is a fraudulent online shop. The website’s registration occurred within the last month, specifically 28 days ago. Lack of a customer service phone number is a glaring issue with the site. Content appears suspiciously similar to other websites, suggesting possible plagiarism. Counterfeit products make up the site’s inventory, potentially dangerous […]
Crypto scams
Beacons-mine.com
Beacons-mine.com has been flagged as a fraudulent cryptocurrency platform. The scam came to light when the website was barely four months old. Any attempts to reach out to the company through their listed customer service numbers have proven futile as they are not operational. The company’s physical address, as displayed on the website, is a […]
Fake stores
Modernrelik.shop
Modernrelik.shop, an online marketplace, is currently operating a fraudulent scheme. The website, which was only 95 days old when discovered, sells goods that are not authentic and could potentially be dangerous due to the inferior materials used in their production. A noticeable absence on the website is a customer service phone number. The site seems […]
© 2022 Marketing Space LLC - All Rights Reserved