Novarates.com
Analysis
Novarates.com has come under scrutiny for allegedly being an investment scam. The website, which is only 120 days old, lacks a customer service phone number. Furthermore, the business address provided online is fictitious. The company has no presence on social media and there are no reviews about them beyond their own web pages. Although the website promises significant returns on initial investments, it’s been revealed that it’s just a facade for fraudsters who vanish after receiving the deposited money.
An investment scam is a fraudulent scheme where con artists trick people into investing money with promises of high returns. The scammers then disappear with the invested funds, leaving the investors with significant losses.
Red Flags
Fake address
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
Investment scams are deceitful schemes. They promise high returns with low risk. Scammers lure victims with professional-looking websites and testimonials. They may even show false documents to prove their legitimacy.
They often use pressure tactics. Urgency is created by limited time offers or secret opportunities. They may also use flattery, making you feel special for receiving the 'exclusive' offer.
Scammers are skilled at manipulating emotions. They exploit trust and create an illusion of credibility. A common tactic is the 'get rich quick' promise. This appeals to the desire for easy money.
Remember, if it sounds too good to be true, it probably is. Always do your own research before investing.
Latest investigations
Investment scams
Astrofx.site
Astrofx.site, a freshly registered domain, is running an investment scam. The site, just 10 days old, lacks a verifiable business address and offers no customer service phone number. Despite promising substantial returns, the scammers disappear with your money once you invest. Additionally, the company’s social media accounts have zero followers. Investment scams lure victims with […]
Investment scams
Ftmofundedzone.com
The website Ftmofundedzone.com, recently registered, is involved in an investment scam. It falsely promises substantial returns on investments, but once you invest, the scammers disappear with your money. Alarmingly, the website has no customer service phone number and lacks any presence on social media platforms. Furthermore, no reviews of the company can be found online. […]
Crypto scams
Bitrecoveryservice.com
Bitrecoveryservice.com has been flagged as a fraudulent cryptocurrency operation. The suspicion arose when the website was merely 99 days into its existence. The site purports to function under a business name that doesn’t appear in the records of the state where it claims to be located. The address provided on the website doesn’t correspond to […]
Investment scams
Forexautomatedsystem.com
Forexautomatedsystem.com is a freshly minted domain, just 78 days old, and it’s running an investment scam. Promising high returns, they lure investors in, only to vanish with their money. The business location listed on the site is bogus, and there’s no customer service contact number available. Beware of such schemes that entice with false promises […]
Crypto scams
Pasomineotra.com
Customers have raised concerns about Pasomineotra.com, alleging it to be a fraudulent cryptocurrency exchange. The website promises substantial returns on investments, however, once the investment is made, the money disappears and so do the fraudsters. Interestingly, the website was only 84 days old when these fraudulent activities were detected. There are also doubts about the […]
© 2022 Marketing Space LLC - All Rights Reserved