Wealthsphereassets.com
Analysis
Wealthsphereassets.com, a website that’s been active for only 120 days, is running a crypto scam. The contact numbers listed on the site are non-functional, and the company’s address is fake. Despite promoting substantial profits on initial investments, it’s a trap set by scammers who vanish with the deposited money. The company’s social media accounts lack followers, and there are no reviews on major consumer platforms.
A crypto scam is a fraudulent scheme where scammers trick people into investing in cryptocurrencies with the promise of high returns. They then disappear with the investors’ money, leaving them with significant losses.
Red Flags
Fake address
Phone disconnected
Recently registered
Missing Information
No reviews
No social media
Scam Explainer
Crypto scams are fraudulent schemes. They involve digital currencies such as Bitcoin, Ethereum, and others. Scammers often promise high returns or quick profits to lure victims.
They use various tactics. These include Ponzi schemes, fake ICOs (Initial Coin Offerings), and phishing. In Ponzi schemes, returns are paid to earlier investors from funds contributed by new investors.
Fake ICOs involve selling a cryptocurrency that doesn't really exist. Scammers create a convincing whitepaper and website to trick victims.
Phishing is when scammers pretend to be a legitimate crypto company. They trick victims into providing sensitive information. This information is then used to steal their cryptocurrency.
Latest investigations
Crypto scams
Perficientcoin.net
Reports indicate Perficientcoin.net operates a crypto exchange scam. Discovery of the scam happened when the website was merely 37 days old. The website promises high percentage profits on initial investments, but it is merely a facade. Scammers use it as a platform to snatch deposited funds and then vanish. A search for company reviews on […]
Fake stores
Forsythart.shop
Forsythart.shop, a website that’s been up for just 93 days, is suspected of running a scam. The products displayed on the site are not genuine and could potentially pose a risk due to the poor quality of materials used in their manufacture. The absence of a customer service phone number is a red flag. Furthermore, […]
Crypto scams
Bittrademine.com
Bittrademine.com, a website that promises significant profits on initial investments, has been identified as a fraudulent crypto exchange. Despite its enticing offers, the site is merely a façade for swindlers who abscond with the deposited funds. The scam came to light when the website was barely three months old. The site purports to operate under […]
Investment scams
Coiprostrades.com
Coiprostrades.com, a website that promises remarkable returns on your initial investment, is actually a fraudulent scheme. They lure you in with the promise of significant profit, but once you hand over your money, the fraudsters disappear. The website was only 98 days old when the scam was discovered. The information provided on the site is […]
Investment scams
Bit-turbo.pro
Consumers have flagged Bit-turbo.pro for operating a fraudulent investment scheme. The website’s registration is recent, with the domain name just 23 days old at the time of these allegations. Fabricated reviews from imaginary customers fill the site, further adding to its deceitful nature. The absence of a customer service telephone line is noticeable. Despite claiming […]
© 2022 Marketing Space LLC - All Rights Reserved