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
Investment scams
Cryptomarketer.org
It has come to light that Cryptomarketer.org has been flagged as an investment fraud. The website uses a tactic of enticing potential investors with the prospect of massive returns on their initial investments. However, once the money is deposited, the fraudsters disappear with it. The address provided on the website for the business is not […]
Investment scams
Bitmainland.com
Reports have flagged Bitmainland.com as a scam. An overseas group runs the site. It lists a fake business address. There’s no phone number for customer service. The company lacks reviews on major consumer review sites. The website promises great returns on your first investment. After you deposit your money, the scammers disappear with it. Investment […]
Investment scams
Cryptotradesbot.com
Cryptotradesbot.com, a new website, runs an investment scam. The site, only 15 days old, belongs to a company overseas. Their claimed online partnerships are fake. Phone lines listed on the site don’t work. The business address is also fake. The website promises high returns on investments, but once you invest, the scammers take your money […]
Fake stores
Websites
Zdoubtpermat.com
Zdoubtpermat.com has been reported in the fake online store category on February 17th, 2023. Zdoubtpermat.com is a newly registered domain name, the registration date is February 1, 2023. Complaints were first submitted when the website was only 16 days old. The website is using generic Terms and Conditions and Privacy Policy pages. No customer support […]
Investment scams
Richdreamstrade.com
Richdreamstrade.com tricks people into fake investments. The site is only 119 days old. It lacks a customer service phone number, making it hard to reach anyone for help. Promises of big returns lure you in, but once you invest, the scammers vanish with your money. They even list a fake address for their company location, […]
© 2022 Marketing Space LLC - All Rights Reserved