Finmarketexchange.com is reported for being a crypto scam. No legitimate reviews about this project could be verified or found. The company name stated on the website is false, and the site is owned and operated by a company or individuals from overseas. The website has unfinished pages with default content and placeholders. The domain name was registered recently, just 30 days ago. No social media accounts were discovered for this project, and the profit guarantee plans available on the website are not real. The absence of a business address on any of the pages is a major red flag for a legitimate website. There is also a noticeable absence of phone numbers for customer support on the website. The content found on various pages has been duplicated from similar scam websites. What is a crypto investment scam?

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

Date of registration: January 05, 2024
Expiration: January 05, 2025
First detected: February 04, 2024
Registrar: NameSilo, LLC www.namesilo.com/
Hosted by: Afeeshost.ltd
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 groups are text-only to prevent voice or video calls that could reveal the scammers’ identities or betray their lack of expertise. These fraudulent groups often seem active, with thousands of participants, but many 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 doctored payout records to show profits, 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, reemerging under a new guise with a slightly altered website to avoid detection. They continue this cycle, targeting new victims while the evidence of their past schemes becomes harder to trace, complicating the efforts of authorities to intervene and making it nearly impossible for victims to reclaim their funds.

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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