Universaltrusttrade.com has been implicated in a cryptocurrency scam. The website lacks social media presence, and many pages contain default content and placeholder text. The company name advertised on the site does not correspond to any registered entity. The domain was registered only 30 days ago, and the site’s ownership traces back to a company or individuals based overseas. Promises of tiered profit guarantees on the website are entirely fraudulent. No business address is provided, deviating from the norms of a reputable website. The site also fails to list any customer support phone numbers. Attempts to find legitimate reviews or verify the project’s credibility have been unsuccessful. The language on the site appears to be plagiarized from numerous other scam websites. What is a crypto investment scam?

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

Date of registration: December 30, 2023
Expiration: December 30, 2024
First detected: January 29, 2024
Registrar: Instra Corporation Pty Ltd.
Hosted by: Regxa.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams are becoming increasingly sophisticated, using high-quality websites that promise significant returns through expert trading or cutting-edge investment strategies. These platforms often feature sleek, high-tech designs and showcase false trading records that depict consistent profits, seemingly unaffected by the volatile crypto markets. They entice investors with the allure of low-risk, high-reward opportunities, claiming to capitalize on market fluctuations to deliver substantial gains. To enhance their appearance of legitimacy, these fraudulent websites may include fake customer testimonials, display security verification badges, and provide customer service contacts that are actually part of the scam.

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They might also promote referral programs that reward users for recruiting new investors, a hallmark of Ponzi schemes. Initially, they may ask for small deposits to build trust, but as confidence grows, they push for larger sums. When it comes time to withdraw funds, investors are often faced with unexpected fees, unexplained withdrawal delays, or complete denial of access to their accounts. In some dire scenarios, the scam platform may suddenly go offline, with the operators vanishing along with the investors’ money. The anonymity of cryptocurrency transactions makes it exceedingly challenging to track down these scammers, leaving victims with little hope of recovering their lost investments.

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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