Tradefactorypro.com has been identified as running a crypto scam. Placeholder texts remained when the website went live, which is not typical for a legitimate site. The site does not display a business address, which is usually standard. No social media accounts are associated with the project, and the website lacks customer support phone numbers. There are no verifiable reviews for the project. The domain name was registered only 29 days ago at the time of this report, indicating it is very new. Evidence suggests that the operation is based in a foreign country. Language on multiple pages has been copied from other deceptive websites. The company name used by the website is fictitious, and the tiered profit guarantee plans advertised are entirely fabricated. What is a crypto investment scam?

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

Date of registration: December 31, 2023
Expiration: December 31, 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 becoming increasingly sophisticated, with fraudulent platforms using sleek websites that promise significant returns through purportedly expert trading or cutting-edge investment tactics. These sites often feature advanced, high-tech interfaces and showcase false trading histories that depict steady profits, seemingly unaffected by the volatile crypto markets. They entice investors with the allure of low-risk opportunities that claim to capitalize on market fluctuations for substantial gains. To enhance their facade of legitimacy, these scam operations may present fake customer testimonials, flaunt security verification badges, and provide customer service contacts that are actually part of the fraudulent scheme.

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.

They frequently promote referral programs, offering bonuses for recruiting new investors—a hallmark of Ponzi schemes. Initially, these scams may ask for modest deposits to build trust. However, once confidence is established, they push for larger sums. When investors attempt to withdraw funds, they’re often hit with unexpected fees, unexplained withdrawal delays, or complete refusal of access to their investments. In some dire scenarios, the scam website might abruptly go offline, with the perpetrators vanishing with the investors’ money. The anonymity inherent in cryptocurrency transactions makes tracking these scammers exceedingly challenging, often leaving victims with little hope of recovering their lost assets.

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: