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
Encryptexglobal.com
Encryptexglobal.com is tricking people with a fake investment scheme. They promise huge profits, but once they get your money, they disappear. The site lacks a phone number for customer support, which is a red flag. When we checked, the site was just 48 days old. The address listed on their website isn’t real. It’s run […]
Fake stores
Rafaelo.shop
Rafaelo.shop operates a sham store scam. The site’s inventory comprises counterfeit items, which could pose a risk due to the substandard materials used in making them. The scam came to light when the website had been active for merely 25 days. The absence of a customer service contact number raises eyebrows. A number of pages […]
Investment scams
Peakearners.com
Peakearners.com has been identified as a fraudulent investment scheme, discovered when the site was just 115 days old. The phone numbers listed on the site are non-functional, and the business location details are fabricated. The website promises high returns on investments, but once you transfer your money, the scammers vanish with it. This serves as […]
Clothing
Fake stores
Phonomost.com
On March 10, 2023, it was reported that Phonomost.com is a fake website on the internet. The website is new, as it was registered on November 15, 2022. At the time of the complaint, the website had been up for about 100 days. The owner of the website is not known, because they used a […]
Investment scams
Fundedtrader.pro
Fundedtrader.pro has been flagged as a fraudulent investment scheme. The website, only 140 days old at the time of reporting, lacks essential features such as a customer service phone number. Notably absent from social media, the company also has no presence on well-known consumer review platforms. They entice potential investors with promises of substantial returns, […]
© 2022 Marketing Space LLC - All Rights Reserved