Beware of a company named Moderatefundtraders.com, which has been flagged as a dubious investment platform. Despite promising attractive returns on investments, it only results in money loss as the fraudsters behind the website disappear after receiving funds. Astonishingly, there are no customer reviews about the company on any of the leading consumer feedback sites.
It’s also worth noting that the company’s social media accounts lack a follower base. Several sections of their website are still under construction, filled with default content and placeholder text, which raises red flags. The affiliations the company claims to have on its website are unverifiable and seem to be fictitious.
The images showcased on the website fail to accurately depict the products they claim to offer. Interestingly, this scam came into the spotlight just 39 days after the website’s launch. Furthermore, the absence of a customer service contact number adds to the suspicion surrounding the company.
An investment scam involves fraudulent individuals or companies who lure investors with promises of high returns. They then run off with the invested money, leaving the investors with significant losses. Such scams often use sophisticated tactics, making it difficult for investors to differentiate between legitimate and fraudulent schemes.