Hedgeprime.org has been detected to be running a crypto scam. The website lacks customer support phone numbers and its content is copied from other similar scam websites. It is likely operated from overseas and does not have any associated social media accounts. Many pages on the website are incomplete, displaying only placeholder content. The company name provided is fake, and no business address can be found on the site, which is unusual for a legitimate operation. The profit guarantee plans advertised are not real. The domain name was registered only about 41 days ago, and no authentic reviews for this project have been found. What is a crypto investment scam?

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

Date of registration: December 08, 2023
Expiration: December 08, 2024
First detected: January 18, 2024
Registrar: Namesilo, LLC www.namesilo.com
Hosted by: Trouble-free.net
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are becoming increasingly sophisticated, with scammers creating elaborate websites that promise significant returns through expert trading or innovative investment strategies. These sites often feature advanced, high-tech interfaces and showcase false trading records that depict consistent profits, seemingly unaffected by the volatile crypto markets. They entice investors with the allure of low risk and high returns, claiming to have mastered the art of leveraging market fluctuations for substantial gains. To enhance their facade of legitimacy, these fraudulent platforms may present 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, they might request small deposits to build trust, but as confidence grows, they push for larger sums of money. However, when investors attempt to withdraw their earnings or their initial investment, they are confronted with unexpected fees, unexplained withdrawal delays, or complete denial of access to their funds. In some instances, the scam website may suddenly go offline, and the operators vanish with the investors’ money. The anonymity of cryptocurrency transactions makes it exceedingly challenging to track down these scammers, leaving investors with little hope of recovering their lost assets.

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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