FinanceCentralLimited poses as an investment portal. At the time of publishing this blog post, the official website is down and regulatory authorities have issued warnings against this domain. Popular niche specific review sites have given them bad ratings. Owing to the lack of information and the regulatory clarity along with the fact that they are...
Long Asia Groups is the hot shot brokerage that is getting popular in the sector. They appear to be targeting people from New Zealand and Australia primarily. Trading conditions offered by them are up to par with the industry standards. However, their regulatory stance is not the most promising and they have received warnings from...
Genemybit is a self-proclaimed decentralized cryptocurrency exchange. At first glance, their website is extremely minimalist and we do get the appeal. However, if you dig deep, the warning signs are undeniable and user feedback is close to non-existent. To make matters worse, the management of this enterprise is anonymous. Sadly, the horror doesn’t stop there....
NovaTech Fx is a name that might be vaguely familiar to people in the trading sector. They claim to be a broker and offer multiple asset classes. We were not aware of their operating style when they first started. However, as the number of people complaining about them increased, we decided to take a close...
When you invest your money, the last thing you want is to lose it to a scam. But that’s exactly what happened with Qexbit.org. This fraudulent platform lures victims through LinkedIn connections, then moves the conversation to WhatsApp. The scammer, using the name “Rolf M.,” convinced victims to transfer funds to Qexbit.org, promising lucrative returns....
We received a complaint about a significant cryptocurrency scam on sogoclubin.com. A victim reported losing $140,000 in USDT, which was converted to Ethereum and transferred via the crypto.com platform. Sogoclubin.com: Case Study The scammers operated through sogoclubin.com, freezing the victim’s account and demanding exorbitant security refundable deposits to release the victim’s funds. These deposits were presented as necessary...
CG-Wise.net presents itself as a professional crypto investment and trading platform, promising lucrative returns on investment. However, a deeper investigation reveals this site as an unregulated, high-risk scam operation. CG-Wise.net lacks transparency about its headquarters, executive team, and regulatory status, making it highly suspicious. Reports of fake reviews, broken links to legal documents, and unresolved...
After receiving a complaint regarding a high-stakes scam, we’re warning you about the truecar-mo.com platform. Truecar-mo.com: Case Study The scammers behind this site convinced one victim to invest nearly one million dollars beginning in June. They systematically extracted funds in BTC and ETH through various transactions, exploiting the victim’s trust and creating a complex investment...
We recently received a complaint regarding a scam involving the website Wbullfinance.co (W-Bull). The victim reported losing $25,000 in cryptocurrency. Is W-Bull a Scam? Case Study The scam began when the victim was lured into investing through the platform, which initially appeared legitimate, showing profits in their portfolio. However, when the victim attempted to withdraw their...
We’re compelled to write this review after receiving a disturbing complaint regarding the website pjpinvest.com. After engaging with this platform, a reader recently reported a significant financial loss of almost $10K. The victim was lured in by a seemingly legitimate investment opportunity advertised on Facebook, promising high returns through Bitcoin arbitrage and trading on higher...
