Trendcoremarket.com

Investment scams

https://trendcoremarket.com

Analysis

Trendcoremarket.com, a website that has only been in existence for 79 days, has been caught running an investment scam. Promising substantial returns to potential investors, the website draws you in to invest. Regrettably, once you’ve placed your investment, the fraudsters abscond with your funds. Despite stating otherwise, this business isn’t legally set up in the stated jurisdiction. Moreover, their presence is bare on major review platforms, with no reviews available to vouch for their credibility. Their social media following is equally nonexistent, further fueling the suspicion cast on their operations.

Investment scam is a fraudulent activity where tricksters create a false sense of lucrative returns to lure potential investors. Once the investment is made, the scammers vanish with the money, leaving the investor at a loss. It can be carried out through various platforms, including websites and social media.

Video explanation

Red Flags

Fake business name

Recently registered

Missing Information

No reviews

No social media

Scam Explainer

An investment scam is a scheme to cheat people out of their money. Scammers lure victims with promises of high returns and low risk. These promises are false. The investment does not exist, or the returns are wildly exaggerated. Scammers use sophisticated tactics. They may seem professional, and their scams may appear to be legitimate. They often use high-pressure sales tactics. Victims may be targeted through unsolicited phone calls or emails. Some victims may be convinced to invest through online advertisements. There are many types of investment scams. Ponzi schemes, boiler rooms, and pump and dump schemes are a few examples. Remember, if it sounds too good to be true, it usually is. The promise of quick wealth should raise a red flag. It's crucial to do your research before investing.