IBM-investors.org is running a crypto scam. The wording on different pages is copied from numerous similar fraudulent websites. Research has not turned up any legitimate reviews about this project. The profit guarantee plans offered on the website are fraudulent. The domain name was registered only 28 days ago. There are no phone numbers for customer support on the website. Evidence suggests the operation is based abroad. Several pages on the website lack content, showing only placeholders. No business address is listed on any of the pages, which is unusual for a trustworthy website. No social media accounts for this project could be found. The company name under which the website operates isn’t real. What is a crypto investment scam?
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|❌ Copycat Content
❌ Fake Profit Guarantee
❌ No Phone Numbers
❌ Unfinished Website
❌ No Social Media
|❌ No Reviews
❌ Recently Registered
❌ Foreign Company
❌ No Address Found
❌ Fake Business Name
Date of registration: January 07, 2024
Expiration: January 07, 2025
First detected: February 04, 2024
Registrar: HOSTINGER operations, UAB www.hostinger.com
Hosted by: Dns-parking.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 can be as high 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 that reaches out to the victims, claiming expertise in retrieving lost crypto funds for a fee.
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However, this is just another layer of the scam. These fake recovery agents ask for payment upfront, promising to track down the original fraudsters and reverse the transactions. But the reality is that cryptocurrency transactions are designed to be irreversible, and these recovery agents are simply part of the scam. They pocket the fees and disappear, leaving the victims at a loss once again.
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