Profitable-funds.com
Analysis
Profitable-funds.com, a recently launched website, is under suspicion for perpetrating an investment scam. The website, which is only 140 days old, lacks a customer service phone number. Additionally, the business address listed on the site is a sham. The company has no presence on social media and there are no reviews on major platforms. Promising high returns on investments, they vanish after receiving your money.
An investment scam is a fraudulent scheme where individuals are tricked into giving their money with the promise of high returns. However, instead of investing the money, the scammers steal it and disappear.
Red Flags
Fake address
Recently registered
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a fraudulent scheme. It involves tricking individuals into investing their money with promises of high returns. These promises often sound too good to be true. They are. The scammer usually has no intention of delivering on their promises.
Scammers use a variety of tactics to convince their victims. They may present themselves as financial experts. They might use complicated jargon to confuse the investor. Some even create fake companies or investments to appear legitimate.
In a typical scam, the fraudster will request an initial investment. They promise to multiply this amount in a short period. Once the money is handed over, the scammer disappears. The investor is left with nothing.
Latest investigations
Fake stores
Reliablelockstore.com
Reliablelockstore.com is a fraudulent online store. The site, registered just 104 days ago, is run from China. The products displayed are counterfeit and potentially dangerous due to substandard materials. The website uses fake images and lists a non-existent business address. Additionally, it has no social media presence. A fake store scam involves a website that […]
Fake stores
Bagsover.com
Customers have raised complaints about Bagsover.com, accusing it of operating a fraudulent online store. The website’s content appears to be unoriginal, likely copied from similar sources. It offers counterfeit products, which could potentially be harmful due to the inferior quality of materials used in their manufacture. The physical address of the business listed on the […]
Fake stores
Akcesorajow.com
Akcesorajow.com is operating a deceptive store scam. The website lacks a customer service phone number, making it difficult for customers to reach out. It claims to function under a business name that isn’t registered in the state where it supposedly operates. Interestingly, the company doesn’t have a presence on any social media platforms. Furthermore, there’s […]
Investment scams
Raytechtrade.com
Raytechtrade.com has been identified as a fraudulent investment operation. The scheme is simple yet effective; they promise high returns on your investments, but once your money is in their hands, they vanish into thin air. The website is full of unfinished pages, containing nothing but pre-set text and placeholder content. Even the images utilized on […]
Crypto scams
Trustedrecovteam.com
Consumers have raised concerns about Trustedrecovteam.com, alleging that it’s a fraudulent cryptocurrency exchange. The website promises significant returns on investments, but after the investment is made, the money disappears, presumably taken by the scammers. The website, at the time of the report, had only been active for 83 days. It’s owned by a company based […]
© 2022 Marketing Space LLC - All Rights Reserved