Novalnvestco.com is running a crypto scam. The website was launched prematurely with numerous placeholders still visible. The domain name has only been registered for 30 days at the time of this report. The site does not display any customer support phone numbers. There are no verifiable reviews for this project. The company name listed on the website is not genuine. A missing business address on the website pages is a significant warning sign for legitimacy. Investigations indicate that the operation is likely based overseas. The project lacks associated social media accounts. Content on the website has been plagiarized from other similar scams. The site’s tiered profit guarantee plans are entirely fictitious. What is a crypto investment scam?

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

Date of registration: January 05, 2024
Expiration: January 05, 2025
First detected: February 04, 2024
Registrar: Upperlink Limited
Hosted by: Zillionkinghost.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams lure individuals with the promise of exorbitant and often implausible returns, sometimes assuring consistent daily or weekly earnings that can range from an enticing 5% to an astonishing 100%. These fraudulent schemes claim to employ a variety of sophisticated investment tactics, including trading, mining, or exploiting price differences in different markets (arbitrage), to produce substantial profits. The true intent behind these operations, however, is to swindle and cheat investors out of their money rather than to engage in legitimate profit-making activities.

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To appear legitimate, these scams often feature fabricated testimonials and success stories, weaving a web of false credibility. They may also entice participants with referral programs that promise extra earnings for recruiting additional investors into the scheme. In contrast, genuine investment platforms cannot offer guaranteed high returns due to the inherently volatile and unpredictable nature of the cryptocurrency markets. Investors should be wary of any scheme that promises guaranteed returns, as these are a hallmark of fraudulent activity.

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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