Fxstocksinv.com is running a crypto scam with website content copied from other similar scam websites. The site lacks a business address, which is a major red flag for legitimacy. There are no social media accounts associated with the project, and evidence suggests it is operated from a foreign country. Many pages contain default content and placeholder text. The profit guarantee plans advertised on the website are fake, and there is no provision of phone numbers for customer support. The site uses a fictitious company name and the domain name was registered only about 29 days ago at the time of this report. Furthermore, no authentic reviews for this project were found. What is a crypto investment scam?
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|❌ Copycat Content
❌ No Social Media
❌ Unfinished Website
❌ No Phone Numbers
❌ Recently Registered
|❌ No Address Found
❌ Foreign Company
❌ Fake Profit Guarantee
❌ Fake Business Name
❌ No Reviews
Date of registration: January 06, 2024
Expiration: January 06, 2025
First detected: February 04, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu
Hosted by: Cloudoon.com
What is a crypto investment scam?
Cryptocurrency investment scams are a growing concern, as they entice potential investors with the allure of quick and substantial profits. These scams often promise daily or weekly returns that are exceptionally high, sometimes as much as 50% of the initial investment, which is an unrealistic and deceptive claim. Once the scammers have successfully persuaded individuals to part with their money, they don’t stop there. If they sense skepticism, they may double down on their deceit by introducing a secondary scam. This involves a so-called recovery company, which is actually just another facet of the scam.
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This new company fraudulently offers to help victims recover their lost crypto funds for a fee. They exploit the victim’s hope of getting their money back by charging upfront fees, claiming they can track down the scammers and reverse the transactions. However, the nature of cryptocurrency transactions means they are final and cannot be reversed, leaving the victim out of pocket once again as the scammers disappear with the additional fees.
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