Artefaktum Community – Fraudster.info

With our new Fraudster,info Community, it’s now easier than ever to research and collaborate with other victims, experts on scam schemes and the people bind the fraud.

Scammers are smart. Together we are smarter
Fraudster.info Community – knowledge sharing for everyone

The problem of investment fraud continues to surge. The Federal Trade Commission (FTC) reports that people have lost over $1 billion in cryptocurrency scams since 2021 — often via made-up “investment opportunities” or investment into use- and worthless shares. But investment scams have changed, especially as hedge funds and cryptocurrency exchanges explore new investment vehicles. For example, Virgil Sigma Fund LP and VQR Multistrategy Fund LP advertised arbitrage opportunities in crypto markets that embezzled over $54 million or SmartTradeCoin`s ICO scammed assumed over $100 million.

Investment fraud can leave your future in tatters. Whether you were saving a nest egg for retirement or inheritances for your children, the loss of your hard-earned funds can cause significant harm to your credit accounts, financial prospects, and emotional well-being.

The best defense against investment scams is doing proper due diligence on any potential investment before you get involved.

SHARE

These articles are for informational purposes only, their content may be based on employees’ independent research, and do not represent the position or opinion of Artefaktum. Furthermore, Artefaktum disclaims all warranties in the articles’ content, does not recommend/endorse any third-party products referenced therein, and any reliance and use of the articles is at the reader’s sole discretion and risk.

Other News & Reports