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1 year ago
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Shenfieldinvestments.com

Investment scams
https://shenfieldinvestments.com

Shenfieldinvestments.com has been identified as an investment scam. The website, which is 121 days old, lacks a customer service phone number. Despite claiming to operate in a specific state, the company isn’t registered there. It also lacks a significant presence on social media. Furthermore, major consumer review platforms don’t have any reviews for the company.

Investment scams are deceptive strategies where fraudsters trick individuals into investing money with promises of high returns, but instead, they use the money for personal gain or disappear completely.

Red Flags

Fake business name
Recently registered

Missing Information

No phone numbers
No reviews
No social media
Investment scams are fraudulent business schemes promising quick, high returns on investments. Scammers use persuasive tactics to lure potential investors. They may present complex documents or sophisticated jargon to appear legitimate. Often, the scammer will pressure you to invest immediately. They may claim it's a limited time opportunity or use high-pressure sales tactics. One common promise is guaranteed returns. In reality, no investment can guarantee returns. Other scammers may promise high returns with no risk. This is another red flag. All investments carry some level of risk. Scammers may also use a tactic known as 'pump and dump'. They inflate the price of a low-value stock and convince others to invest. Once the price is high enough, they sell their shares and the price plummets. Remember, if it sounds too good to be true, it probably is.

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