Fax-coin.com is running a crypto scam. The website lacks customer support phone numbers and the domain name was registered only 29 days ago at the time of this report. There is no business address on any of the pages, which is a major red flag for a legitimate website. The profit guarantee plans offered are sham. The project has no social media accounts. Many pages are empty, filled only with placeholder content. The company name listed on the website is false. Ownership and operation of the site trace back to an overseas organization or individuals. There are no verifiable reviews for this project. The wording on different pages is copied from numerous similar fraudulent websites. What is a crypto investment scam?
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|❌ No Phone Numbers
❌ No Address Found
❌ No Social Media
❌ Fake Business Name
❌ No Reviews
|❌ Recently Registered
❌ Fake Profit Guarantee
❌ Unfinished Website
❌ Foreign Company
❌ Copycat Content
Date of registration: January 06, 2024
Expiration: January 06, 2025
First detected: February 04, 2024
Registrar: NameSilo, LLC www.namesilo.com/
Hosted by: Dns-parking.com
What is a crypto investment scam?
Cryptocurrency investment scams lure individuals with the promise of exorbitant and often implausible returns, sometimes assuring consistent daily or weekly earnings that can range from an enticing 5% to an astonishing 100%. These fraudulent schemes claim to employ a variety of sophisticated investment tactics, including trading digital currencies, mining operations, or exploiting price differences through arbitrage, all purportedly designed to amass substantial profits. The true intent behind these deceptive platforms, however, is to swindle and cheat naive investors out of their money. To appear legitimate, these scams often parade fabricated testimonials and concocted success narratives, weaving a facade of trustworthiness and success.
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They may also entice participants with referral incentives, offering extra gains for recruiting additional investors into the scheme. In contrast, genuine investment services do not pledge fixed, substantial returns, recognizing the inherent volatility and unpredictability of the crypto market. It’s important to approach such investment opportunities with skepticism and conduct thorough due diligence to avoid falling victim to these scams.
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