Tradegeniusprofits.net is reported for being a crypto scam. The company name under which the website operates isn’t real, and the site is under the ownership and operation of an overseas organization or individuals. Attempts to find or verify any legitimate reviews about this project were unsuccessful. The website lacks any phone numbers for customer support and does not have any social media accounts. The profit guarantee plans available on the website are not real. The website was rushed to go live, with many placeholders still present. Legitimate websites typically display the business address, but no such information was found on any of the pages. The domain name has been registered only about 30 days ago. The verbiage used on various pages has been copied from countless other similar scam websites. What is a crypto investment scam?
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|❌ Fake Business Name
❌ No Reviews
❌ No Social Media
❌ Unfinished Website
❌ Recently Registered
|❌ Foreign Company
❌ No Phone Numbers
❌ Fake Profit Guarantee
❌ No Address Found
❌ Copycat Content
Date of registration: January 05, 2024
Expiration: January 05, 2025
First detected: February 04, 2024
Registrar: HOSTINGER operations, UAB
Hosted by: Dns-parking.com
What is a crypto investment scam?
Cryptocurrency investment scams lure individuals with the promise of exorbitant and often implausible returns, frequently assuring consistent daily or weekly profits. These deceptive operations are frequently based overseas, which presents significant obstacles for law enforcement agencies in terms of tracking and prosecuting the perpetrators. The international nature of these scams also complicates efforts to recover any funds that victims may lose. In a bid to establish credibility, some scam operations may initially disburse small returns to their investors.
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This strategy is deliberately designed to create an illusion of a trustworthy and profitable venture, thereby convincing investors to increase their stakes. However, these early payouts are not the result of genuine investment strategies; they are merely part of the scam to draw investors deeper into the scheme, ultimately leading to larger financial losses.
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