Mintrotrade.com
Analysis
Mintrotrade.com, a recently launched website, has been flagged as a potential crypto exchange scam. The domain name is a mere 84 days old, raising suspicions about its legitimacy. Further investigation reveals a lack of customer service contact, with no phone number available on the site. Adding to the concern, there is a noticeable absence of company reviews on well-known consumer review websites. Moreover, the business name does not appear to be registered in the state it purports to operate from. These factors combined indicate a high probability of fraudulent activity.
A crypto exchange scam is a fraudulent scheme where a website or platform pretends to be a legitimate cryptocurrency exchange. They lure investors with promises of high returns, but once the money is transferred, they disappear without a trace.
Red Flags
Fake business name
Recently registered
Missing Information
No phone numbers
No reviews
Scam Explainer
A crypto exchange scam is a deceptive operation where fraudsters present a fake cryptocurrency exchange. They use attractive websites with professional designs. These platforms promise high returns and low fees. They display charts and graphs, showing positive growth and profits.
Scammers typically play on the greed and lack of knowledge of potential victims. They advertise through social media and email campaigns. Their aim is to lure users into transferring their cryptocurrency into the scammer's wallet.
Once the victims deposit their crypto, the scammers disappear. The website shuts down and the fraudsters stop responding to any communication. The victims may not have any legal recourse because of the anonymous and unregulated nature of cryptocurrency transaction,
Common promises made by these scams include guaranteed profits and risk-free trading experiences. Often, they offer referral bonuses to encourage users to bring more victims into their scheme. It's worth noting that crypto exchanges can't legally guarantee profits.
Latest investigations
Investment scams
Utilityminers.org
Utilityminers.org is currently under scrutiny for running a fraudulent investment scheme. They lure potential investors with promises of high returns, only to abscond with the invested capital. A thorough examination of the website’s images reveals their lack of authenticity. The company also falsely claims partnerships with other entities on its site. At the time of […]
Investment scams
Ridotexfinance.com
Ridotexfinance.com is engaged in fraudulent investment activities. They create an illusion of hefty returns on investments, but vanish once the investment is made, keeping the money for themselves. The company has no visibility on well-known customer review platforms. Their social media presence, too, is non-existent. The website of the company contains several incomplete pages, populated […]
Fake stores
Leisure-fishingshop.com
Customers have reported Leisure-fishingshop.com for operating a counterfeit store scam. When the report was made, the website had already been active for 92 days. The various products displayed on the site are dubious, potentially posing risks due to poor material quality. All signs point to the website being managed from China. The pictures featured on […]
Investment scams
Ermitinvests.top
Ermitinvests.top is a tricky investment scam. They promise big returns, but once you invest, the money vanishes along with the scammers. This website is run by a foreign company and was just 31 days old when it was discovered. There’s no customer service phone number listed, and they have zero presence on social media. All […]
Fake stores
Advancedsolutionsdisplay.shop
Advancedsolutionsdisplay.shop has been identified as a fraudulent online store. This website is known to use generic images to represent the products it offers. The content found on the site is unoriginal, indicating a lack of authenticity. Products sold on this platform are counterfeit, posing potential risks due to the inferior quality of materials used in […]
© 2022 Marketing Space LLC - All Rights Reserved