Globalcoinprofits.com is operating a crypto scam. The project lacks any social media presence. Its website offers a fake profit guarantee, and users do not receive their funds back after depositing. The company name listed on the website is not genuine. Evidence indicates that the operation is based abroad. The domain name was registered only 33 days ago. Content on various pages is copied from other scam websites. There is no business address provided, which is a significant warning sign for legitimacy. Verifiable reviews for the project are absent. Many pages on the website contain placeholder content, indicating they are incomplete. Additionally, the website does not display any customer support phone numbers. What is a crypto investment scam?

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

Date of registration: December 27, 2023
Expiration: December 27, 2024
First detected: January 29, 2024
Registrar: Porkbun LLC
Hosted by: Netlightsystems.com
Ownership: Unknown

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 fraudulent schemes often promise daily or weekly returns that are exceptionally high, sometimes suggesting that an investor could see up to a 50% return on their investment in a very short period. These promises are not just overly optimistic; they are outright lies designed to trap the unwary. Once the scammers have successfully persuaded individuals to part with their money, they don’t stop there. If they sense growing suspicion, they may double down on their deceit. Victims might be contacted by another company, which is also a sham, claiming expertise in the recovery of lost cryptocurrency funds.

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This second wave of scammers offers false hope, claiming they can help retrieve the lost assets for a fee. They exploit the irreversible nature of cryptocurrency transactions, asking for payment upfront under the guise of tracking down the original fraudsters and restoring the stolen funds. In reality, these recovery efforts are just another layer of the scam. The victims, now hit twice, are left with even greater losses as the scammers disappear with the additional fees collected.

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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