Mt5onlinetrading.org
Analysis
Customers have voiced complaints about Mt5onlinetrading.org, accusing it of being a fraudulent investment scheme. The website, only 138 days old at the time of the report, lacks a customer service phone number. The address listed on the site does not correspond to any known business. Moreover, the company has no visible presence on social media platforms. Reviews about the company are also conspicuously absent. The scheme promises substantial returns on investments, but once the money is invested, the fraudsters vanish with the funds.
An investment scam is a deceptive practice where fraudsters promise high returns on investments. They take the invested money and disappear, leaving the investor with significant losses.
Red Flags
Fake address
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a fraudulent practice. It lures unsuspecting investors with promises of high returns or quick profits. These scams often use persuasive tactics to convince individuals to invest their money.
Scammers may present complex investment strategies. They will make it seem like they have insider information or a foolproof plan. The goal is to create a sense of urgency so the victim feels they must invest immediately.
In reality, the money is not invested as promised. Instead, it's used to pay off earlier investors or pocketed by the scammers. This is known as a Ponzi scheme, one of the most common types of investment scams. The scam continues until there's no more new investors or when too many existing investors demand their money back.
Latest investigations
Investment scams
Foxmergetrade.com
Reports indicate that Foxmergetrade.com is not a trustworthy investment platform. They lure investors with promises of quick financial growth, but once the money is invested, the perpetrators abscond with the funds. The website lacks credible reviews outside of their own self-promotion. Additionally, their social media footprint is practically invisible. A cursory glance at the website […]
Investment scams
Stockpotent.com
Stockpotent.com has been flagged as a scam. The site was just 121 days old when discovered. It promises big profits on initial investments but is actually a front for scammers who take your money and vanish. The company lacks any social media presence and doesn’t provide a customer service phone number on its site. Be […]
Investment scams
Pride-fx.org
Pride-fx.org is operating as an investment scam, enticing individuals with promises of substantial returns. However, once you invest, the scammers vanish with your money. The address listed for the company is fake, and the site is managed by foreign entities. Alarmingly, the website was only 37 days old when identified as fraudulent. Additionally, there is […]
Investment scams
Mykentonstrade.com
Mykentonstrade.com, a website that has recently surfaced, is involved in fraudulent activities. With promises of high returns, they lure people to invest money, only to vanish once the transactions are made. Although the website has no reviews outside of its own pages, it is alarming that it has no following on any social media channels. […]
Investment scams
Capitalinvestmentt.com
Capitalinvestmentt.com has been flagged as a scam. The phone numbers listed don’t work anymore. A foreign company runs the site, and it gives a fake business address. It promises big returns on investments, but after you invest, the scammers disappear with your money. The site lacks any social media followers, raising more doubts about its […]
© 2022 Marketing Space LLC - All Rights Reserved