47primefx.com is running a crypto scam with tiered profit guarantee plans that are entirely fictitious. The website launched with many pages still showing incomplete and placeholder content. As of this report, the domain name was registered just 28 days ago. There are no social media accounts associated with this project. The text on various pages is plagiarized from several other scam websites. Ownership and operation of the site trace back to an overseas entity or individuals. A business address is conspicuously absent from the site, deviating from the norms of a reputable business. Customer support is also lacking, with no phone numbers provided. The company name listed on the website is fabricated, and extensive research yielded no legitimate reviews of the project. What is a crypto investment scam?

❌ Fake Profit Guarantee
❌ Recently Registered
❌ Copycat Content
❌ No Address Found
❌ Fake Business Name
❌ Unfinished Website
❌ No Social Media
❌ Foreign Company
❌ No Phone Numbers
❌ No Reviews

Date of registration: January 07, 2024
Expiration: January 07, 2025
First detected: February 04, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu www.registrar.eu
Hosted by: Webproserver.com
Ownership: Unknown

What is a crypto investment scam?

As cryptocurrency gains popularity, so do the scams associated with it, particularly through messaging platforms like WhatsApp, Telegram, and Discord. Scammers create chat groups on these platforms, posing as investment communities. They entice users with discussions on investment strategies, share fabricated success stories, and provide false updates on the performance of their “funds.” These scammers stick to text-based communication to hide their identities and lack of expertise, steering clear of voice or video calls. These groups often seem active and populated with thousands of members, but many participants are actually bots designed to mimic real users, creating the illusion of a thriving investment hub.

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This fake activity gives the scam an air of credibility, which can lure genuine investors. Scammers post fake testimonials and altered payout records to show profitability, urging members to invest quickly to take advantage of “limited-time” opportunities. When the scam is at risk of being uncovered, the scammers quickly dismantle their web presence and chat groups, only to reemerge under a new guise. They launch new websites and communication channels, slightly altered to avoid detection, and continue their fraudulent cycle. This makes it difficult for authorities to track them down and for victims to reclaim their investments.

Report Scams to Government Agencies:
Federal Trade Commission (FTC) – Submit a Report
Federal Bureau of Investigations (FBI) – Submit a Report
U.S. Postal Inspection Service (USPIS) –Submit a Report

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