Consumers have flagged Opecstocks.ltd for orchestrating an investment scam. The website’s registration is fresh, with a mere 29-day old domain name when the report was made. Users are enticed with promises of significant profits, but those behind the site are said to disappear with the invested funds. The site lacks a phone number for customer service. The address listed on their website has no trace of the said business. The business registration in the state it purports to operate from is non-existent. The site’s ownership and operation lie with a company or probably individuals situated overseas. The company’s social media accounts lack any followers.
An investment scam involves a fraudulent scheme or deception with the aim of taking someone’s money under the guise of an investment opportunity. They often promise high returns with little to no risk, but in reality, the scammer takes the money and leaves the investor with nothing.