We have detected that futchfinance.com is operating a crypto scam. The website’s tiered profit guarantee plans are bogus, and it operates under a fictitious company name. The domain name is relatively new, registered for only 29 days at the time of this report. There are no verifiable reviews for the project. Upon launch, numerous pages contained incomplete and placeholder material. The website is likely run from overseas, and despite expectations for a genuine website to provide a business address, our search yielded no results on any of the pages. The verbiage on various pages has been copied from other similar scam websites. The website lacks any social media accounts and does not provide any phone numbers for customer support. What is a crypto investment scam?

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

Date of registration: December 31, 2023
Expiration: December 31, 2024
First detected: January 29, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu
Hosted by: Cloudflare.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are becoming increasingly sophisticated, using high-quality websites that promise significant returns through expert trading or proprietary investment strategies. These platforms often feature advanced, high-tech interfaces and showcase false trading records that depict consistent profits, seemingly unaffected by the volatile nature of the crypto markets. They entice investors with the allure of low risk and high returns, claiming to have mastered the art of leveraging market fluctuations. To enhance their appearance of legitimacy, these fraudulent websites may include fake customer testimonials, display security verification badges, and provide customer service contacts that are actually part of the scam.

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They frequently promote referral programs, offering bonuses for recruiting new investors, which is a hallmark of a Ponzi scheme. Initially, victims may be asked for a small deposit. As confidence builds, the scammers coax larger investments from their victims. However, when investors attempt to withdraw their funds, they encounter unexpected fees, unexplained withdrawal delays, or complete denial of access to their accounts. In some dire scenarios, the scam website may suddenly go offline, with the operators vanishing along with the investors’ money. The anonymity of cryptocurrency transactions makes it exceedingly challenging to track down these scammers, leaving victims with slim chances of recovering their

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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