Stormgold.net is operating a crypto scam. The content on various pages is copied from similar scam websites. The scammers were in a hurry to launch, leading to pages filled with default content and placeholder text. The evidence suggests the operation is based abroad. The website lacks customer support phone numbers. There are no social media accounts associated with this project. The website does not provide a physical address for the business. The profit guarantee plans offered are not real. Legitimate reviews about this project are nonexistent. The company name listed on the website is fake. The domain name was registered only 42 days ago. What is a crypto investment scam?

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

Date of registration: December 07, 2023
Expiration: December 07, 2024
First detected: January 18, 2024
Registrar: HOSTINGER operations, UAB
Hosted by: Dns-parking.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are a growing concern, as they entice potential investors with the allure of quick and substantial profits. These scams often promise daily or weekly returns that can be as high as 50% of the initial investment, which is an unrealistic and deceptive claim. Once the scammers have successfully persuaded individuals to part with their money, they don’t stop there. If they sense growing suspicion, they may double down on their deceit by introducing a secondary scam. This involves a so-called recovery company, which is actually just another facet of the scam.

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This new company fraudulently claims expertise in retrieving lost crypto funds and demands a fee for their recovery services. They exploit the victim’s hope of getting their money back by asking for an upfront payment to track down the original scammers and reverse the transactions. However, the nature of cryptocurrency transactions means they are final and cannot be reversed, leaving the victim out of pocket once again as the scammers disappear with the additional fees.

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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