Xspacemininginvestment.com
Analysis
Customers have flagged Xspacemininginvestment.com for operating an investment scam. The fraudulent activity was spotted when the website was just 146 days old. The site lacks a customer service phone number. The company falsely advertises online partnerships on its website. Many of the site’s web pages are still under construction, filled with default content and placeholder text. Major review platforms do not feature any reviews of the company. Surprisingly, the company has no presence on social media.
An investment scam is a deceptive practice where fraudsters trick people into investing money with promises of high returns, but instead, they use the funds for personal gain or disappear with the money altogether.
Red Flags
Fake partnerships
Recently registered
Unfinished website
Missing Information
No phone numbers
No reviews
No social media
Scam Explainer
An investment scam is a deceptive practice. It targets individuals who are looking to increase their financial assets. Scammers often promise high returns with minimal risk, making the offer seem too good to be true.
These fraudsters use persuasive tactics. They may claim to have insider information or use complex jargon to appear legitimate. Often, they pressure potential victims into making quick decisions.
A common method is the Ponzi scheme. Here, returns for older investors are paid using funds from new investors. This creates an illusion of a profitable investment.
Another type is the pump and dump scheme. Scammers inflate the price of a low-value stock they own, then sell it off when others start buying. This leaves the new investors with worthless shares.
Latest investigations
Crypto scams
Whizvest.com
Whizvest.com, a relatively new site at just 120 days old, has been identified as a crypto scam. Oddly, there’s no customer support phone number listed on the site. You won’t find the company on any social media platforms either. It’s also missing from well-known consumer review sites. They promise significant growth on your investment, but […]
Investment scams
Jezlaenergycorp.com
Jezlaenergycorp.com, a website only 121 days old, is reportedly running an investment scam. The website lacks a customer service phone number and the business address listed online is fake. Furthermore, the business isn’t registered in the state it claims to be. The company’s social media footprint is also nearly invisible. They promise high returns on […]
Investment scams
Begoniasgrowth.com
A new site, Begoniasgrowth.com, tricks people into an investment scam. They promise big returns, but once you invest, they disappear with your money. This site just appeared, and it’s only been around for 36 days. The contact numbers listed on the site don’t work. They even give a false address for the company. Be cautious […]
Fake stores
Lucky8llces.shop
Lucky8llces.shop is a scam site. The products shown on this website are fake and could be dangerous due to poor-quality materials used. The content on the site is copied. The company doesn’t have any social media accounts. When discovered, the website was just 25 days old. A fake store scam involves a fraudulent website that […]
Investment scams
Profit-genius.com
Profit-genius.com is a deceptive website posing as a profitable investment platform. It lures people with the promise of substantial returns on their investments, only to vanish with the deposited money. Their social media channels are practically empty, indicating a lack of credibility. Furthermore, numerous undercooked pages on their site abound with unchanged content and placeholder […]
© 2022 Marketing Space LLC - All Rights Reserved