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10 months ago
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Newsjournalspot.com

Investment scams
https://newsjournalspot.com

Newsjournalspot.com runs an investment scam. They claim to grow your money quickly, but once you invest, they take your money and disappear. The scam was discovered when the site was just 24 days old. The business address listed on the site is fake. Phone numbers shown on the website don’t work.

An investment scam tricks people into giving money with promises of high returns. The scammers then take the money and disappear.

Red Flags

Fake address
Phone disconnected
Recently registered

Missing Information

No reviews
An investment scam is a fraudulent scheme where scammers promise high returns with little or no risk. They often claim to have insider information or exclusive opportunities. These promises are designed to lure unsuspecting individuals into investing their money. Scammers use persuasive tactics to build trust. They may create fake websites or documents to appear legitimate. Some even use social engineering techniques, like pretending to be a friend or a credible expert. They often pressure potential victims to act quickly, creating a sense of urgency. Once they receive the money, the scammers disappear, leaving the victim with significant financial loss. The promised returns never materialize. This type of scam preys on people's desire to grow their wealth quickly and securely.

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