Thefiptrades.com is a website that has been identified as a fraudulent investment platform. It promises high returns on investments, but once you deposit your money, it disappears into the hands of the fraudsters. As of the time this information was gathered, the website had been active for 98 days. The location listed as the business address on the website is not genuine. The contact numbers provided on the website are not in service. Several pages on the website are still under construction, filled with default text and placeholder content. Moreover, there are no social media profiles linked to this business.
An investment scam is a scheme that promises high returns on investments with little to no risk. The scammer usually takes the investor’s money and disappears, leaving the investor with a significant financial loss.