Wealthboostltd.com is running a crypto scam. The domain name was registered only 30 days ago, and there are no social media accounts associated with the project. The website features unfinished pages filled with default content and placeholders. There are no customer support phone numbers provided. The profit guarantee plans advertised on the website are fictitious. Text on various pages has been copied from numerous other scam websites. The site claims to be operated by a non-existent company and is actually managed by a foreign business or individuals. No legitimate reviews about this project have been found or verified. The website lacks a business address, which is unusual for a credible site. What is a crypto investment scam?

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

Date of registration: December 30, 2023
Expiration: December 30, 2024
First detected: January 29, 2024
Registrar: Atak Domain Bilgi Teknolojileri A.S.
Hosted by: Noc40.com
Ownership: Unknown

What is a crypto investment scam?

Cryptocurrency investment scams capitalize on the mystique surrounding emerging technologies to lure in victims. These scams often involve convoluted terminology and advanced tech-speak to bewilder and persuade potential investors of their authenticity. Scammers might boast about exclusive, high-tech investment strategies or crypto-mining operations that they claim can yield extraordinary returns. However, these purported technologies are frequently either grossly exaggerated or entirely fabricated. To widen their net, scammers frequently turn to social media and influencer endorsements, using fabricated testimonials to create an illusion of trust and success.

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They might also set up phony investment clubs or insider groups, promising exclusive tips for a fee or direct investment, creating a false sense of exclusivity and urgency with “once-in-a-lifetime” offers to push people into hasty decisions. Victims often discover too late that their funds are locked in inaccessible accounts, or that the customer support is unhelpful or non-existent. In the worst scenarios, the scam platform vanishes without a trace, taking the investors’ money with it. Due to the irreversible nature of cryptocurrency transactions, recovering lost funds is typically an exercise in futility, leaving victims with little recourse.

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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