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1 year ago
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Rendlextrade.com

Investment scams
https://rendlextrade.com

Rendlextrade.com, a site just 49 days old, has been flagged for orchestrating an investment scam. The company, based overseas, lists fake contact details, including disconnected phone numbers and a non-existent business address. Promising substantial returns, they lure investors only to abscond with their funds.

Investment scams deceive individuals by promising high returns with little risk, only to steal their money.

Red Flags

Fake address
Foreign company
Phone disconnected
Recently registered
Investment scams lure individuals with promises of high returns and low risk. Scammers often present their schemes as exclusive opportunities, urging quick decisions to prevent missing out. They create a sense of urgency, pressuring potential victims to act fast without proper research. These scams often involve complex jargon to appear legitimate. Scammers may claim to have insider knowledge or special expertise. They frequently provide false testimonials or endorsements to build credibility. Some even use fake websites or documents to mimic legitimate companies. Victims are often asked to invest in non-existent products or services. Once the money is transferred, scammers disappear, leaving no trace. They use persuasive techniques, exploiting emotions and trust to manipulate their targets. This deception can lead to significant financial losses and emotional distress.

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Degrocapital.com

Degrocapital.com, a recently registered domain, is at the center of an investment scam. This website, operated by a company from abroad, falsely promises substantial returns on investments. However, once you invest, the scammers disappear with your money. The site provides an incorrect business address and lacks essential customer service contact information, such as a phone […]

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