Welthmill.com
Analysis
Welthmill.com, a relatively new website at just 142 days old, is perpetuating a cryptocurrency exchange scam. The phone numbers listed on the site are disconnected and the business address provided is fictitious. The graphics displayed on the site do not accurately represent the product being sold. Furthermore, the company lacks a presence on social media. They promise attractive returns on investments, but once you invest, the fraudsters abscond with your money.
A crypto exchange scam is when a company lures individuals to invest in cryptocurrency with the promise of high returns. However, once the investment is made, the company disappears with the funds, leaving the investor with no way to recover their money.
Red Flags
Fake address
Fake images
Phone disconnected
Recently registered
Missing Information
No reviews
No social media
Scam Explainer
A crypto exchange scam involves fraudsters posing as legitimate cryptocurrency exchange platforms. They create websites that mimic genuine exchanges, tricking users into depositing their digital assets.
Common promises made by these scammers include high returns and low trading fees. These are designed to lure unsuspecting investors. They may also offer bonuses for referrals, encouraging victims to bring in more people.
Scammers use sophisticated tactics to deceive people. They employ professional web designers to make their platforms look authentic. Fake reviews and testimonials are posted to boost credibility. They may also use aggressive marketing strategies, including spam emails and pop-up ads.
Once the victims deposit their cryptocurrencies, the scammers disappear. The website shuts down, and the fraudsters vanish with the victims' digital assets.
Latest investigations
Crypto scams
Stocktradefirm.com
Stocktradefirm.com, a seemingly legitimate trading platform, has been identified as a fraudulent crypto exchange. Promising substantial returns on investments, the site lures unsuspecting investors into a trap. Once the investment is made, the scammers vanish with the money. This scam came to light when the website was merely 84 days into operation. A glaring red […]
Investment scams
Worldalphacryptominingfx.online
Our investigation has revealed that the website Worldalphacryptominingfx.online is running a fraudulent investment scheme. It promises substantial returns on your investments; however, once you invest, the fraudsters abscond with your money. Numerous unfinished pages on their website are riddled with default content and placeholder text. A notable absence of the company from all social media […]
Investment scams
Cryptopro-finance.com
Cryptopro-finance.com runs a scam that tricks people into investing money. The address they list on their site isn’t real. They promise big returns on your first investment, but once you send your money, they disappear with it. No customer service phone number is available, making it impossible to reach them. Their social media presence is […]
Fake stores
Shonajoyus.shop
Many consumers have raised red flags about Shonajoyus.shop as a fraudulent online store. Launched just 29 days before this report, the website has been called into question due to a lack of transparency, specifically the absence of a customer service contact number. Doubts about the site’s authenticity have been further exacerbated due to discrepancies in […]
Investment scams
Synapcapital.com
Synapcapital.com, a recently launched website, is involved in an investment scam. The domain name was just 81 days old when this report was filed. The site promises huge returns on investments, but there are reports of scammers disappearing with the deposited money. The business name under which the website claims to operate is not registered […]
© 2022 Marketing Space LLC - All Rights Reserved