Scams Checker

Tag: online scammers

  • Tokenlon Exchange overcharging its clients – Snake oil salesmen of the digital world

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    As much as online trading has revolutionized commerce, it has also given rise to unethical practices, such as overcharging clients. Overcharging occurs when sellers inflate prices, add hidden fees, or employ deceptive practices to extract more money from consumers than what is fair or justified. These are the activities of an online scammer to avoid.…

  • FundedPrime review; Bogus traders to avoid

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    Proprietary trading, or prop trading, is a legitimate form of trading where firms trade on their own account, using their own capital instead of clients’ money, to make a profit. However, FundedPrime falsely present themselves as legitimate prop trading firms but are actually scams designed to defraud clients. Here’s how they work, the tactics they…

  • iFOREX Review; Fake investment gurus

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    iFOREX is a CFD trading platform that was developed in 1996 with the purpose of creating a secure, high-tech platform. CFDs, or Contracts for Difference, are financial derivatives that allow traders to speculate on the price movements of an asset without owning the asset itself. Assets refer to stocks, commodities, or currencies. In CFD trading,…

  • NBFC-S review; Digital asset scammers

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    The volatile nature of the crypto market, the risk of scams, and technical complexities often lead to unfortunate incidents where individuals lose access to their digital funds. This loss creates a fertile ground for opportunists, particularly traders or self-proclaimed crypto recovery experts, who promise to retrieve lost assets. While some genuinely help, Nbfc-s exploit victims’…

  • WiseBit.AI Review – Online trade peddler

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    Security breaches at WiseBit AI has become an increasingly a significant concern. With vast amounts of sensitive data and capital at stake, WiseBit AI have become prime targets for cybercriminals. This analysis explores the nature of security breaches at WiseBit AI and the factors that contribute to these breaches. Notably, WiseBit AI are continually enhancing…

  • Byron Plus Global Review – Another Blockchain bandit

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    When it comes to cryptocurrency trading at ByronPlusGlobal, people should know that they use strategies or practices that place clients at a disadvantage. While they operate ethically and transparently, some practices may undermine client interests, especially in the largely unregulated cryptocurrency market. Here’s a breakdown of how some of their practices or systems has negatively…

  • Lemintero Review; Deceptive trade brokers

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    In recent years, online trading has revolutionized the financial landscape, allowing individuals to buy and sell stocks, cryptocurrencies, and other assets with ease from their devices. However, the convenience of online trading also brings with it significant risks, particularly around data security and privacy. Data breaches have become increasingly common, and the threat of security…

  • Easy Markets Review; Shady coin pushers

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    Online trading has gained immense popularity, and with it, various online trading schools have emerged. Some of these platforms genuinely aim to educate aspiring traders, while others like EasyMarkets unfortunately have earned a reputation for scamming students. EasyMarkets claim to teach its clients by offering a number of trading education courses. This online school claims…

  • OFP Funding Review; Unethical fund drainers

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    OFP Funding is a proprietary trading platform that is owned and operated by FINTEKNOLOGY LTD based and registered in UK. A propriety or prop trading platform or brokerage company is when a firm allots funding to traders to allow them to make trades. Clients open a prefunded trading accont for a small fee at OFP…

  • Interactive AI Review – Scam artists posing as traders

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    Interactive AI as a cryptocurrency broker has been scamming clients. In this review we look into common tactics and explain how they take advantage of unsuspecting users in the crypto world. In order to attract followers; Interactive AI create fake Websites: they build counterfeit websites that mimic legitimate cryptocurrency brokerages. They use URLs similar to…