Hello all.
I got contacted by guy named Chen Charles on LinkedIn trying to get me into his great investment platform. Just by quick glimpse I was sure its another "great investment ponzi scheme". I was trying to figure out how to get it closed, but instead of wasting energy on most likely vain effort I get advice by community it may be more productive to make people aware on how to spot scam sites.
This is the website BitForextoryPonziScheme.
Now lets go together through couple of steps you can do when assessing whether you are being directed to ponzi scheme or not.
Did you get contacted by random person over internet you don't know who forwarded you to the website? If answer is yes, this is already 85% chance you are in for the scam attempt.
When you get to the main page, scroll down and look for company registration number, address and the information of the CEO and other owners. Check the site and see for yourself. Vague address, no company registration number, no real information about any person behind the project. Would an investment company not put any representative details there? Possibly, not very likely. That is another warning sign. I'd say 95% scam chance at the moment.
What is the company actually promising? If its any type of "package" then I'm usually done with it. Do they promise higher yield longer you lock your money for? Of course they do, if you lock your money for long period, you won't start complaining anytime soon for not being able to withdraw and you won't raise an alarm.
If you are yet still in doubts you can go a bit deeper to check the timeline. Is the website recent? Does the profile of person who talked to you in first place looks genuine? Was it created recently? You can have a look in DomainBigData to get some more clues about the domain, just put the web address in. The section ReportAbuse already seem to have some reports of the site. You can clearly see that no information abut the domain owner are given at all, actually very little information is given on DomainBigData. Its just last drop in the damp of evidence this site is clearly ponzi scheme made to scam people.
So for you who managed to read it all the way down here please go to the Abuse Report section in BigDomain and report them for fraud!
I'm sure there will be more techniques to reveal the scam and I'm open to any feedback & suggestions bellow the article, this was just the way how I usually deal with such situation. I hope it can help someone.
Thank you and stay safe!
bluudz
