Navexstock.com

Consumers have flagged Navexstock.com as a fraudulent investment operation. The website, only 144 days old at the time of the report, lacks a customer service phone number. The address listed on the site doesn’t correspond to any known business location. Furthermore, the business name they claim to operate under isn’t registered in the state they purport to be based. The company’s presence on social media is almost invisible, and there are no reviews for them on any of the well-known consumer review websites.

An investment scam is a deceptive operation where fraudsters trick individuals into investing money with promises of high returns, but instead, they use the funds for personal gain or to pay previous investors, creating a cycle of deceit.