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Broker Alerts 24

williamyoungs.net

williamyoungs-net

 

On May 22nd, 2024, Cryptocointrace received notice about a possible scam via its CRM system. The ASIC also warned about this potential fraud. Based on our review, www-williamyoungs-net raises several red flags. The ASIC issued an investor alert warning that the company is not licensed. This company offers investment services to Australians, but it is likely involved in a financial scam because it is not regulated.

Avoid investing any money with www-williamyoungs.net.

What To Do If You Were Scammed By This Broker

Make sure you gather all information and records of communication, including bank statements. File a complaint with local authorities or financial regulators in your country. Consider reporting to ASIC.

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims in the process of fund recovery.

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Broker Alerts 24

Aidex6.com

Aidex6.com 

On May 24th, 2024, Cryptocointrace received notice about a possible scam from a customer via its CRM system. The SEC cautioned that this might be a potential fraud case. Based on our review, Aidex6.com has been flagged as a scam with several reviews advising due diligence and caution before engaging with the platform. When attempting to access the site, a message pops up indicating that it is a dangerous site strongly recommending to return to the previous webpage. 

Due to the lack of information and warning signs, it’s best to avoid engaging with Aidex6.com.

What To Do If You Were Scammed By This Broker

Make sure you gather all information and records of communication, including bank statements. File a complaint with local authorities or financial regulators in your country. Consider reporting to the SEC, FCA, or ASIC.

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims in the process of fund recovery.

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Broker Alerts 24

Wealthgrowth Club 370

Wealthgrowth Club 370 

On May 14th, 2024, Cryptocointrace received word about a potential scam through its CRM system. The SEC also cautioned that this might be a scam. Based on our review, the name of the domain raises suspicion. A legitimate investment club or platform would have a clear and easily accessible website outlining its purpose, services, and team. The number “370” in the title suggests an internal code or designation, not a professional name. Additionally, this may be a pyramid scheme. Some scams disguise themselves as investment clubs but operate like pyramid schemes. These schemes rely on recruiting new members to generate returns, ultimately collapsing when recruitment slows.

Given the red flags, it would be wise to avoid investing with Wealthgrowth Club 370.

What To Do If You Were Scammed By This Broker

Make sure you gather all information and records of communication, including bank statements. File a complaint with local authorities or financial regulators in your country. Consider reporting to the SEC, FCA, or ASIC.

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims in the process of fund recovery.

Categories
Broker Alerts 24

DBG Markets

DBG-coltdfx

dbg-coltdfx.com 

On May 18th, 2024, Cryptocointrace encountered a potential scam through its CRM. The SEC also cautioned that this might be a fraud case. After careful review, it appears that DBG Markets lacks proper licensing and has been flagged by regulatory authorities for deceptive practices. The absence of essential information on their website, such as minimum deposit requirements and account types, further adds to the skepticism. Moreover, the trading platform provided by DBG Markets is reported to lack authenticity and necessary trading tools. Users report negative experiences and issues with withdrawing funds.

Given the red flags, it would be wise to avoid investing with DBG Markets. 

What To Do If You Were Scammed By This Broker

Make sure you gather all information and records of communication, including bank statements. File a complaint with local authorities or financial regulators in your country. Consider reporting to the SEC, FCA, or ASIC. 

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims in the process of fund recovery.

Categories
Broker Alerts 24

GlobalFx

GlobalFxScoutd

On May 13th, 2024, cryptocointrace encountered a potential scam through its CRM. The SEC also cautioned that this might be a fraud case. After careful review, it appears that GlobalFxScoutd is a forex trading platform with a weak online presence. There is little information available about the company, team, services, and ownership. It is best to avoid this broker and consider a reputable and regulated company. 

What To Do If You Were Scammed By This Broker

Make sure you gather all information and records of communication, including bank statements. File a complaint with local authorities or financial regulators in your country. Consider reporting to the SEC, FCA, or ASIC.

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims in the process of fund recovery.

Categories
Broker Alerts 24

Hcoinrex

On May 2nd, 2024, cryptocointrace encountered a potential scam through its CRM. The SEC also cautioned that this might be a fraud case. After careful review, it appears that Hcoinrex is a platform that deals with cryptocurrency. Based on user reports, withdrawing funds is very difficult. This is a major flag because legitimate exchanges allow easy access to your crypto. Hcoinrex also charges a 15% personal income tax fee to withdraw funds which is very strange. Reputable exchanges have transparent fee structures, usually based on trading volume.

Due to the red flags, It is best to avoid this platform. 

What To Do If You Were Scammed By This Broker

Make sure you gather all information and records of communication, including bank statements. File a complaint with local authorities or financial regulators in your country. Consider reporting to the SEC, FCA, or ASIC. 

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims in the process of fund recovery.

Categories
Broker Alerts 24

Microsoft Tech Support Scams

On May 24th, 2024, Cryptocointrace received notice about a possible scam through its CRM system. The SEC also advised about this potential fraud. After careful review, it appears that scammers frequently impersonate Microsoft representatives to steal personal or financial information. They do so by contacting people out of the blue to ‘’fix’’ computers. The scammers often create a sense of urgency or pressure to make you rush into decisions and they might ask you to download unknown software, grant remote access to your computer, or provide personal information like credit card details.

Never respond to calls, texts, or messages from unsolicited callers claiming to be from Microsoft.

If you receive a suspicious email claiming to be from Microsoft, report it to them directly through their official channels.

 

Report a Scam Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims seek justice.

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Broker Alerts 24

Victoria Capital FX

Victoria Capital FX 

On May 18th, 2024, Cryptocointrace received notice about a possible scam through its CRM system. The SEC also advised about this potential fraud case. The broker appears to have received several negative reviews from users, complaining about withdrawal issues, unresponsive customer service, and other tricky tactics. The broker doesn’t appear to be regulated and there is a lot of missing information such as ownership, team members, location, and specific services offered. 

Due to the numerous negative reviews, lack of transparency, and regulation, steer clear of this broker.

What To Do If You Were Scammed 

Make sure you gather all information from the broker and records of communication, including bank statements. File a complaint with the local authorities and financial regulators in your country. 

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims seek justice.

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Broker Alerts 24

Walmart Marketplace

Walmart online business

Walmart Marketplace

On May 16th, 2024, Cryptocointrace received notice about a possible scam via its CRM. The FTC also cautioned about this impersonation attempt. Walmart, a legitimate business with several chains is an easy target for scammers. Scammers can be lurking as third-party sellers on the Walmart marketplace and may send emails that appear to be from Walmart urging you to click on links or download attachments. Additionally, they may develop scam websites that closely resemble the real Walmart site, tricking you into entering your personal or payment information. Be cautious of unverified sellers with limited reviews or negative feedback on the Walmart marketplace. 

Shop Directly on Walmart.com and avoid links from unknown sources.

If You Suspect a Scam

  • Report Phishing Emails: Forward suspicious emails claiming to be from Walmart to https://corporate.walmart.com/privacy-security/fraud-alerts.
  • Report Third-Party Seller Issues: If you have an issue with a third-party seller, report it to Walmart customer service.
  • Contact Your Bank: If you believe your financial information has been compromised, contact your bank to report fraud and potentially cancel your credit card.

Additionally, report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims seek justice.

Categories
Broker Alerts 24

Xmdeficotd.net

Xmdeficotd.net

Xmdeficotd.com

On May 7th, 2024, Cryptocointrace received notice about a potential scam from a customer in its CRM system. The SEC has also sent a warning about this possible fraud broker. The two websites Xmdeficotd.net and Xmdeficotd.com have a very complex and odd domain. They do not appear to be registered or licensed by any financial institution, and they do not provide any information about their company, operations, location, services, and owner. This raises red flags. 

Due to the lack of regulation and transparency, it is best to avoid these sites. 

What To Do If This Broker Scammed You

Ensure you gather all information and records of communication, including bank statements. File a complaint with local authorities and regulatory bodies in your region. 

Report the scam to Cryptocointrace, an organization dedicated to investigating online scams and tracing lost funds to help victims seek justice.