Pharosenergy.ltd is running a crypto scam. The website lacks customer support phone numbers and no physical address for the business is available on any of the pages. The tiered profit guarantee plans presented on the website are bogus. There are no social media accounts associated with this project. Evidence suggests the operation is based abroad. The domain name was registered only 28 days prior to this report. Many pages contain only placeholder content. Verifiable reviews for this project are absent. Text on various pages has been copied from other scam websites. The company name listed on the website is fictitious. What is a crypto investment scam?

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

Date of registration: January 01, 2024
Expiration: January 01, 2025
First detected: January 29, 2024
Registrar: HOSTINGER operations, UAB www.hostinger.com
Hosted by: Cloudflare.com
Ownership: Unknown

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 profits, often advertising daily or weekly returns ranging from 5% to a whopping 20% or more, which should be a red flag for potential investors. To stay under the radar and avoid being exposed by negative feedback, these fraudulent operations frequently cycle through newly registered domain names, making them hard to track and report. They also tend to avoid providing direct customer support contact numbers and steer clear of establishing a legitimate presence on well-known social media platforms, which could offer a level of accountability.

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The glowing 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 the lost funds are slim to none, given the irreversible nature of cryptocurrency transactions. It’s a harsh reality that once the money is gone, it’s usually gone for good.

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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