Shelfunds.com is running a crypto scam, with content on various pages copied from other fraudulent websites. The profit guarantee plans advertised are fake. The project lacks social media accounts and uses a fictitious company name. The domain name was registered only 31 days ago, and there are no verifiable reviews for the project. Indications suggest that the website is managed from an overseas location. Many pages contain placeholder content, and the website does not list any customer support phone numbers. Additionally, the website does not provide a physical address for the business. What is a crypto investment scam?

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

Date of registration: December 29, 2023
Expiration: December 29, 2024
First detected: January 29, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu
Hosted by: Dns-parking.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are a growing concern, as they entice unsuspecting investors with the allure of exorbitant returns, often promising daily or weekly profits that can reach an astounding 50% of the initial investment. These enticing offers are nothing but a mirage, designed to deceive and defraud. Once the scammers have successfully siphoned off your funds and sense your growing suspicion, they double down on their deceit. They may contact you posing as a different company, one that ostensibly specializes in the recovery of lost crypto assets, offering their services for a fee.

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This, too, is a sham—a sophisticated ruse to extract more money from their victims. They will ask for payment upfront, claiming they will track down the original fraudsters and restore the stolen funds. However, the immutable nature of cryptocurrency transactions means that reversal is not possible, and the scammers will simply pocket the fee and disappear, leaving the investor with compounded losses.

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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