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
Weebly-pk.com
Customers have raised alerts about Weebly-pk.com, accusing it of operating an investment fraud. The website promises large profits but allegedly disappears with the invested money. The business address traced from the website turns out to be nonexistent. Furthermore, the content on the site appears to be copied from other webpages, casting doubt on its originality. […]
Investment scams
Coinfxprofit.com
We’ve found evidence that Coinfxprofit.com is running a scam. They promise big returns on investments, but once you invest, they vanish with your money. The images on their site don’t match the actual product being sold. The website’s content seems copied from other sites. We’ve also discovered several incomplete pages with generic text. The partnerships […]
Fake stores
Headkingad.com
Customers have reported Headkingad.com for operating a fraudulent online store. The website, only 128 days old at the time of the report, lacks a customer service contact number. The merchandise displayed in the site’s photos doesn’t accurately represent the items for sale. The website does not provide an official business name, and there are no […]
Investment scams
Fxtglobaliopvtlt.com
Fxtglobaliopvtlt.com has been found to be operating a fraudulent investment scheme. This discovery was made just 138 days after the website’s creation. The contact numbers provided on the site are no longer in service, and the business address shown is not genuine. The site claims to function under a business name that isn’t officially registered […]
Investment scams
Piptradinghub.com
Piptradinghub.com is tricking people into a fake investment scheme. This scam was spotted when the site was just 49 days old. The phone numbers they show don’t work, and there’s no real business at the address they list. They promise big returns on your investments, but once you hand over your money, they disappear. They […]
© 2022 Marketing Space LLC - All Rights Reserved