Cybertrace Investigators are warning consumers to be aware of the online trading scam EarnCryptoLarge.com. We are issuing an urgent alert for another cryptocurrency scam that is duping honest workers out of thousands of dollars. The EarnCryptoLarge.com scam is part of a wider trend towards cryptocurrency scams that accelerated during the pandemic. While these particular fraudsters use a sophisticated website and convincing sales tactics, they are just another dodgy scam outfit. Holding out empty promises, all they will do is lie to you, steal your money, and leave you for broke. In fact, Cybertrace holds vital intelligence that directly connects EarnCryptoLarge.com to another scam we uncovered: AsicDigitalvistUK.com. Do not invest your hard-earned money with these scammers! And if they have already deceived you, don’t despair – contact Cybertrace today to see how we can help. But first, let’s look at how these con artists operate and what you can do to protect yourself.
How does the EarnCryptoLarge.com scam work?
Like so many other cryptocurrency scams that Cybertrace Investigators have exposed, the EarnCryptoLarge.com online trading scam follows a depressingly familiar pattern. First, the scammers will lure potential targets to their website via social media ads, emails or affiliate marketing. Alternatively, they will contact them directly via phone. Making all kinds of fantastical promises, the fraudsters’ aim is to get victims to sign up and make an initial small deposit. After the account shows an early (fake) windfall gain, the scammers use highly persuasive over-the-phone sales tactics to pressure victims to plough in even more money. While targets watch their “investment” grow on an online dashboard, they have no idea that everything they see is fake. In the meantime, the fraudsters are laughing all the way to the bank! Unfortunately, the story doesn’t even end there.
Wait, there’s more?
When victims want to cash out their “wins”, the scammers not only leave them stranded but try to extract even more money. Couched as “taxes” or “fees”, these are simply further attempts to fleece people desperate to access their money. Once they sense the well is dry and no more money available, the scammers simply cease all communication. Victims are left with thousands of dollars stolen from this online trading scam and feelings of frustration, embarrassment and self-blame. It’s a terrible situation and, to top it all off, pernicious recovery scammers are circling like sharks smelling blood. Enough! Cybertrace Investigators have the expertise and capability to unmask the EarnCryptoLarge.com scammers and help you get justice.
But how do you know EarnCryptoLarge.com is a scam?
While our experienced investigators have multiple analytical tools at their disposal to identify an online trading scam, here is a list of red flags anyone can use. Cryptocurrency scams such as EarnCryptoLarge.com often exhibit these tell-tale signs:
Unclear information
The first strange thing to note is the preponderance of names that appear on the EarnCryptolarge.com scam website. For instance, the About Us page only refers to EarnCryptoLarge in its heading. Instead, the rest of the badly written text on the page repeatedly references GrowYourBase, which appears to be an unrelated metaverse company, as well as Digitalfx-Assetspro International, apparently a crypto mining program. Similarly, fake client testimonials on the EarnCryptoLarge.com scam homepage refer to Deer Capitals. Guys, if you can’t even get your name straight, what else about you is crooked?
No registration
The first thing to look out for with online trading platforms is where they are registered. Here, the EarnCryptoLarge.com scam website is off to a bad start: it doesn’t provide any legal information or T&Cs. Instead, the only relevant information is its claim to have offices in the UK. Curiously, its contact page even provides a map showing its location as … the Eye of London! The city’s iconic Ferris Wheel is undoubtedly a great place to take potential victims for a ride! More seriously, though, the fraudsters claim that they are “officially registered” in the UK. However, the Government’s official company registry database does not show any entity by the name of EarnCryptoLarge. No registration means no one is accountable or subject to regulatory oversight, which brings us to our second red flag.
No regulation
Although the EarnCryptoLarge.com scammers claim to be based in the UK, there is not a single regulatory trace of them. While we already know they haven’t registered in the UK, its Financial Conduct Authority (FCA) hasn’t heard of the platform, either. As this cryptocurrency scam doesn’t fall under the jurisdiction of any regulator, there’s no oversight, regulatory framework or consumer protection. Without a “cop on the beat”, victims have no one to turn to and the fraudsters feel they can get away with just about anything.
Facelessness
Another common red flag for cryptocurrency scams is the lack of information on who runs or works for the platform. The EarnCryptoLarge.com scam website does not mention the names of any of its directors or executives. Furthermore, its social media presence is non-existent. If they won’t say who they are, don’t give these cryptocurrency scammers your hard-earned money!
Outrageous claims
A final red flag appears in the Earn CryptoLarge.com scam website’s outrageous claims. Any outfit that flippantly claims to be “fully legit” and offering “a guaranteed profit” should be treated with great caution. Ask yourself whether “guarantees [of] fixed daily interest for investors regardless of market conditions” really makes sense for a business. Instead, the old adage likely holds true once again: if it sounds too good to be true, it probably is.
Is there an easier way to find out about cryptocurrency scams?
While some insight into our approach regarding the EarnCryptoLarge.com scam is helpful, who has the time to do all this themselves? Luckily, you don’t have to! For your convenience, Cybertrace’s Investigators have and technicians have collaborated to develop, ScamID, a free, easy-to-use public scam detector tool. Simply run any potential investment website through ScamID and, within seconds, you will have the result with a clear traffic-light warning. In this way, you will always know whether something is an investment opportunity or a cryptocurrency scam. It couldn’t be easier, so make sure to bookmark ScamID and share it with your friends and family!
What can I do if the EarnCryptoLarge.com scam merchants already got me?
If the EarnCryptoLarge.com scammers already got to you, don’t feel ashamed – reach to our Investigators for help! Contact Cybertrace today to see how we can help you. As expert global cryptocurrency tracers, we can trace stolen cryptocurrencies, forensically analyse websites and identify offenders via sophisticated tracking tools. Cryptocurrency scammers beware: your game is up!
If you are a current or former staff member of the syndicate and would like to speak with us, you can contact us anonymously via [email protected]. We have successfully worked with conscientious insiders when investigating previous scams, thus bringing justice and relief to long-suffering victims. Your help can make a real difference!
