Patriotinvests.com has come under scrutiny for conducting a cryptocurrency scam. The domain name’s registration is recent, only 30 days old at the time of the report. The company name listed on the website is not genuine. Content on the site is plagiarized from other scam websites previously identified. Ownership and operation of the website trace back to a foreign entity. The profit guarantee plans advertised on the site are deceptive. Legitimate websites typically show a business address, but this site lacks such information on any of its pages. There are no customer support contact numbers available. Legitimate reviews about this project are nowhere to be found. Many pages on the site contain only placeholders, indicating incomplete content. There are no social media accounts associated with this project. What is a crypto investment scam?
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|❌ Recently Registered
❌ Copycat Content
❌ Fake Profit Guarantee
❌ No Phone Numbers
❌ Unfinished Website
|❌ Fake Business Name
❌ Foreign Company
❌ No Address Found
❌ No Reviews
❌ No Social Media
Date of registration: January 05, 2024
Expiration: January 05, 2025
First detected: February 04, 2024
Registrar: HOSTINGER operations, UAB
Hosted by: Cloudoon.com
What is a crypto investment scam?
Cryptocurrency investment scams lure unsuspecting individuals with the allure of exceptionally high returns that are typically impossible to achieve. These scams promise astronomical profit margins, often suggesting that investors can expect daily or weekly returns of 5% to 20%, or in some cases, even higher. To avoid being exposed and to sidestep any negative feedback, these fraudulent operations frequently cycle through newly registered domain names, effectively playing a game of digital hide-and-seek. They make it difficult for victims to reach out for help by intentionally omitting customer support contact numbers and by avoiding any legitimate presence on well-known social media platforms.
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The glowing reviews and testimonials presented on these scam websites are nothing but fabrications, designed to mislead and convince more people to invest. Unfortunately, for those who have been duped into sending money to these scammers, the chances of retrieving their lost funds are slim to none, given the irreversible nature of cryptocurrency transactions. The anonymity and lack of regulation in the crypto space make it a fertile ground for such fraudulent activities.
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