Wealthextension.com
Analysis
Reports indicate Wealthextension.com is a fraudulent investment platform. They make promises of substantial returns on investment, however, once you’ve invested, the fraudsters disappear, leaving you with a significant loss. Moreover, much of the website is still unfinished, filled with placeholder text and default content. Strikingly, the company has no presence on social media platforms, which is another red flag. This fraudulent scheme was exposed when the website was just over a month old.
An investment scam is a deceptive practice where fraudsters lure investors with the promise of high returns on investment. They entice individuals to put their money into non-existent or poor-performing investments, and once the funds are transferred, the scammers disappear without a trace.
Red Flags
Copycat content
Counterfeit
Default content
Fake business name
Fake images
Fake partnerships
Fake promises
Misleading
Recently registered
Unfinished website
Missing Information
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice. It's designed to trick individuals into investing their money into false or unprofitable opportunities. The scammer may promise high returns or lucrative outcomes to lure potential investors.
Common types of investment scams include Ponzi schemes, pyramid schemes, and pump-and-dump scams. In Ponzi and pyramid schemes, earlier investors are paid with the funds of newer investors. This false profit fools new participants into believing the scheme is profitable.
Pump-and-dump scams involve artificially inflating the price of a stock. The scammer then sells the stock at the high price. After that, the price crashes and the other investors lose their money.
Always be cautious when investing. If an investment opportunity sounds too good to be true, it probably is. It's important to research and understand any investment opportunity before committing your hard-earned money.
Latest investigations
Investment scams
Goldmark-asset.ltd
Goldmark-asset.ltd has been flagged as operating a fraudulent investment scheme. They promise significant returns on your finances, however, once you transfer your funds, these tricksters make off with your money, leaving you high and dry. No external reviews of their website exist besides those on their own webpages. Moreover, the pictures used on their platform […]
Investment scams
Currencystrengthacademy.com
Currencystrengthacademy.com is running a scam. They promise huge returns on your money, but once you invest, they disappear with your cash. The phone number listed on their site doesn’t work, and the company address they provide is fake. The site is controlled by people from another country. This scam was discovered when the website was […]
Investment scams
Cpgltd.net
Cpgltd.net is running an investment scam. No business exists at the address listed on the site. The scam was found when the site was just 67 days old. There’s no phone number for customer support. They promise high returns on your investment, but once you invest, they take the money and disappear. The business has […]
Investment scams
Multichainassets.com
Multichainassets.com has been flagged as a scam. They promise big returns on your money, but once you invest, they vanish with your cash. When discovered, the site was just 17 days old. The address listed on the site doesn’t exist, and there’s no phone number for customer support. Plus, their social media is almost invisible. […]
Investment scams
Capitecinvestment.com
People have flagged Capitecinvestment.com as a fraudulent investment platform. It promises substantial returns on initial investments. However, as soon as the money gets deposited, the fraudsters disappear with it. Numerous incomplete pages, filled with default information and filler texts, are scattered across the website. The online collaborations that the company boasts about are non-existent. Images […]
© 2022 Marketing Space LLC - All Rights Reserved