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10 months ago
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Primeassetwealth.org

Investment scams
https://primeassetwealth.org

Primeassetwealth.org operates an investment scam. The address listed on their site doesn’t exist. When discovered, the website was just 44 days old. They provide no customer service phone number. They promise big returns on your investment, but after you invest, they take the money and vanish. Also, there are no reviews available for the company.

An investment scam tricks people into giving money with false promises of high returns, then the scammers disappear with the funds.

Red Flags

Fake address
Recently registered

Missing Information

No phone numbers
No reviews
An investment scam often promises high returns with little or no risk. Scammers create a sense of urgency, pressuring individuals to invest quickly. They might claim insider knowledge or a secret opportunity unavailable to the general public. These scams often use complex jargon to sound legitimate. They may present fake testimonials or endorsements from supposed satisfied investors. Scammers sometimes create professional-looking websites or documents to appear credible. Ponzi schemes are a common type of investment scam. They pay returns to earlier investors using the capital from new investors. Eventually, the scheme collapses when there aren't enough new investors. Scammers may also use affinity fraud, targeting specific groups like religious communities or social clubs, to gain trust more easily. Victims often feel embarrassed or ashamed after realizing they've been scammed.

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