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
Reviewspotteam.com
Reviewspotteam.com has been flagged as an investment scam. The site shows signs of copying content from other web pages, which makes it lose its originality. They list a fake business address. The phone numbers on the site don’t work. They promise big returns on investments, but once you put your money in, the scammers vanish […]
Fake stores
Tiffanike.com
Tiffanike.com, a recently launched website, seems to be running a counterfeit store scam. The domain name is just 130 days old at the time of this report. Interestingly, the website lacks a customer service phone number. Moreover, the products showcased on the site don’t match the actual items for sale. Additionally, the website doesn’t have […]
Investment scams
Metrotraders.top
Metrotraders.top is a scam. They promise big profits on investments but steal your money and vanish. The address on their site doesn’t exist. The scam was spotted when the site was just 23 days old. There’s no customer service phone number. They have no followers on social media. An investment scam tricks people into giving […]
Fake stores
Shopcarvedesigns.shop
Our analysis reveals that Shopcarvedesigns.shop seems to be a counterfeit storefront. The site itself is just a month old, as it was reported to be 29 days old at the time of our investigation. It appears that it uses generic stock images to represent the products it offers. Certain sections of the site are still […]
Investment scams
Halalislamiccoininvestment.com
Halalislamiccoininvestment.com is a scam. They promise big gains from investing, but once you invest, they take your money and disappear. The website is only 16 days old. There is no phone number for customer service on the site. You won’t find any social media profiles for the business. No reviews exist on major consumer review […]
© 2022 Marketing Space LLC - All Rights Reserved