Investment Scam
Investment and cryptocurrency fraud
Fake platforms promise high returns and trap victims with fake profits.
π What is this scam?
Scammers create fake investment or crypto platforms promising unrealistic returns.
π§ How the scam works
- Ads or social media messages
- Fake dashboard showing profits
- Extra fees demanded to withdraw
β Why itβs dangerous
- Encourages reinvestment
- Losses increase over time
π΄ Red flags
- Guaranteed profits
- No regulatory registration
β What you should do
- Stop investing immediately
- Report the platform
- Warn others
Red Flags to Watch For
- β Guaranteed high returns
- β Pressure to invest quickly
- β Fake profit screenshots
- β Difficulty withdrawing funds
- β Unregistered investment platforms
How to Protect Yourself
- βResearch the platform's registration and licenses
- βBe skeptical of guaranteed returns
- βStart with small amounts to test withdrawals
- βVerify testimonials and reviews
- βConsult with financial advisors before investing