Pillarswift.com is running a crypto scam. The website is filled with default content and placeholder text, indicating several unfinished pages. Its content is not original; it has been copied from other scam websites. The site offers tiered profit guarantee plans that are fraudulent. There are no social media accounts linked to the website. A foreign entity owns and operates the site. Attempts to find a business address on the website were unsuccessful, which is unusual for a legitimate operation. The domain name was registered only 34 days ago at the time of this report. Customer support phone numbers are absent, and the company name used by the website is fictitious. No verifiable reviews for this project were found. What is a crypto investment scam?

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

Date of registration: December 18, 2023
Expiration: December 18, 2024
First detected: January 21, 2024
Registrar: Wild West Domains, LLC
Hosted by: Orangehost.com
Ownership: Unknown

What is a crypto investment scam?

As cryptocurrency gains popularity, so do the scams associated with it, particularly on messaging platforms like WhatsApp, Telegram, and Discord. Scammers create chat groups on these platforms, posing as crypto investment communities. They entice users with discussions on investment strategies and fabricated success stories, while providing false updates on the performance of their “funds.” These groups are text-only to prevent voice or video calls that could reveal the scammers’ true identities or betray their lack of expertise. These fraudulent groups often seem active and populated, with thousands of members, but many participants are actually bots designed to mimic real users.

totalscam_lock

Weekly Scam Alerts - Free Service

Get notified when new scams are exposed!

Scammers never stop devising schemes to separate us from our hard-earned money. So, make sure to sign up for our weekly email scam alerts. TotalScam!™ Alert will notify you as soon new scams are discovered.

This creates the illusion of a bustling, legitimate investment hub, which can be very convincing for potential investors. Scammers bolster this facade with fake testimonials and doctored payout records, urging members to invest quickly to take advantage of “limited-time” opportunities. When the scam is at risk of being uncovered, the scammers quickly dismantle their web presence and disband the chat groups, only to reemerge under a new guise. They launch new websites and communication channels, slightly altered to avoid recognition.

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

How useful was this report?

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Get notified as soon as new scams are detected!

Follow us on social media: