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1 month ago
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Newsbyteinfo.com

Investment scams
https://newsbyteinfo.com

A new site called Newsbyteinfo.com is running an investment scam. This scam was spotted when the site was just 24 days old. It has no social media presence. The address listed on the site is fake, and the phone numbers don’t work anymore.

Investment scams trick people into putting money into fake opportunities.

Red Flags

Fake address
Phone disconnected
Recently registered

Missing Information

No social media
An investment scam involves fraudsters convincing individuals to invest money in fake or misleading opportunities. Scammers often promise high returns with little or no risk. They may claim to have insider information or exclusive deals. These fraudsters use persuasive tactics to gain trust. They often create a sense of urgency, pressuring potential victims to act quickly. Some may use professional-looking websites and documents to appear legitimate. Scammers often target those looking for quick financial gains. They may also use social proof, showing fake testimonials or endorsements to lure people in. Once the money is invested, it becomes difficult or impossible to retrieve. These scams can be devastating, leading to significant financial losses. Victims often feel betrayed and embarrassed, making it hard to report the crime.

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