Royalinvestors.net is operating a crypto scam. The language on multiple pages is copied from other scam websites. The profit guarantee plans are fraudulent. Legitimate reviews about this project are absent from our research. The website lacks customer support phone numbers. Indications suggest the website is managed from an overseas location. The business does not have a physical address listed on any pages. There are unfinished pages with default content and placeholders. The domain name was registered only 31 days ago at the time of this report. Social media accounts for this project are nonexistent. The website uses a fake company name. What is a crypto investment scam?
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|❌ Copycat Content
❌ No Reviews
❌ Foreign Company
❌ Unfinished Website
❌ No Social Media
|❌ Fake Profit Guarantee
❌ No Phone Numbers
❌ No Address Found
❌ Recently Registered
❌ Fake Business Name
Date of registration: December 29, 2023
Expiration: December 29, 2024
First detected: January 29, 2024
Registrar: HOSTINGER operations, UAB
Hosted by: Dns-parking.com
What is a crypto investment scam?
As cryptocurrency gains popularity, so too do the scams associated with it, particularly through messaging platforms like WhatsApp, Telegram, and Discord. Scammers exploit these platforms to create fake investment groups, luring users with discussions on investment strategies and fabricated success stories. They maintain the facade of a thriving community with text-based communication, deliberately avoiding voice or video calls that could reveal their true identities or betray their lack of expertise. These groups often boast thousands of members, but many are not real people; they’re bots designed to mimic human activity, giving the illusion of a bustling, successful investment hub.
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This false sense of community and success can be very convincing, drawing in genuine investors. Scammers post fake testimonials and doctored payout records to show high returns, urging members to invest quickly to take advantage of “limited-time” opportunities. However, when the scam is at risk of being uncovered, the scammers quickly dismantle their web of lies, closing down chat groups and websites. They then re-emerge under a new guise, with a slightly altered website to avoid detection, ready to trap a new set of victims. As they continue this cycle, it becomes harder for authorities to track them down and for the scammed investors to retrieve their funds.
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