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3 weeks ago
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Vicominer.org

Investment scams
https://vicominer.org

Consumers have flagged Vicominer.org as an investment fraud site. Detected when the website was only 95 days old, it promises high returns on investments. However, once you invest, the fraudsters disappear with your money. The company’s promoted online partnerships are not authentic. The website is riddled with unfinished pages, default content, and placeholder text. There is no official business name listed on the website. Also, the company has almost no presence on social media.

An investment scam is a fraudulent scheme where fraudsters trick people into investing money with promises of high returns, only to disappear once they receive the funds.

Red Flags

Fake partnerships
Recently registered
Unfinished website

Missing Information

No business name
No social media
An investment scam is a fraudulent practice. It involves a scammer promising high returns from investing a small amount of money. The scammer may present this as a once-in-a-lifetime opportunity, aiming to create a sense of urgency to act. Usually, the investment vehicles used in such scams are vague. They might be speculative or non-existent commodities. Often these scams involve complex and confusing explanations, designed to confound and impress potential victims. The tactics used by scammers can be compelling. They may use professional-looking websites and documents. Some even impersonate legitimate companies or government agencies to seem credible. Their approach is often aggressive, pressuring victims to make quick decisions. Such scams rely heavily on human emotions. Greed, fear of missing out, or desperation can all be exploited to manipulate people into making hasty, unsound financial decisions.

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