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11 months ago
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Primestocks.net

Investment scams
https://primestocks.net

Primestocks.net has been flagged as a scam. The site was only 33 days old when the deception was uncovered. There’s no customer service phone number listed. They promise big returns on your investment, but once you invest, the scammers vanish with your money. The address provided on the site is fake. The company doesn’t have any presence on social media.

Investment scams trick people into putting money into fake opportunities, promising high returns but ultimately stealing the funds.

Red Flags

Fake address
Recently registered

Missing Information

No phone numbers
No social media
Investment scams often promise high returns with little to no risk. Scammers lure individuals by claiming access to exclusive opportunities or insider information. They may present fabricated testimonials or endorsements from fake experts to build credibility. These scams often involve pressure tactics, urging victims to act quickly before the opportunity disappears. Scammers use complex jargon to create an illusion of legitimacy. They might offer guaranteed profits, which is a red flag since all investments carry some risk. Ponzi schemes are a common type of investment scam, where returns are paid to earlier investors using the capital of newer investors, rather than from profit earned. Victims may receive fake account statements showing growth. Scammers often disappear once they collect enough money, leaving victims with nothing.

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