Bitcoin Forum

Description:
This money doubler website is promising the victims to double their investments in seven hours(!). Also they will give some extra profits to the people who invite friends into this trap.

https://i.imgur.com/1ZWUd0E.png
https://i.imgur.com/9oTzu9z.png

Reference Link:
kingshaunlee.com

WhoIs info:
https://who.is/whois/kingshaunlee.com
Expires On2021-03-29
Registered On2020-03-29
Updated On0001-01-01

Payment Method:
Bitcoin.

Archive:
https://web.archive.org/web/20200923084809/https://kingshaunlee.com/
https://archive.fo/ub4yZ

Additional Notes:
None

This one has obvious red flags. I hope the list can help you from doing the stupid thing and fall fo it.

• Red Flag 1: The site is desolated. A lot of white space, no strong typeface usage.
• Red Flag 2: No way to contact the team behind except for the admin email, not even a human face can be seen.
• R get saed Flag 3: Log-in to the site is a mile wide red flag, you have to invest first before you can enter. Pretty much like how a mega-church work, donate to the cause and you can get that sweet salvation
• Red Flag 4: Like any rational person, no one in their right mind will double someones money especially strangers.
• Red Flag 5: Commisions for your referrals, which means it is also a MLM/Pyramiding scheme
• Red Flag 6: There is a minimum deposit and their reason is transaction fee. If you really are going to double the amount then you might as well pay for the transaction fee.
• Red Flag 7: The address for contact which is 1-5 High st, ox1 4ab, Oxford, United Kingdom. If you look at Google Map it is connected in Lloyds Bank in UK. Did not know that banks are these generous.
• Red Flag 8: They also have a ceiling for maximum deposit. They know how to cover their bases when jig is up

Good job. Nice catch.

If I may just add a small thing, can you please put a code tag on the website itself?

So that no one will accidentally click on the link.

Thanks for the information you added into the thread Lorence.xD. About flag number 7 you mentioned here, these address are mostly just made of random names and numbers to gain people's trust.



Hey Kemarit thank you for your attention and the comment about my report.
If you are talking about the "Reference Link" part of the thread, I have edited it on the first post to avoid such accident by other other users who mistakenly link on the link. However, putting the code tag is not necessary. Because I removed the "https://www." part and this will change the link into a normal text.

No problem, if my red flag list could help someone from making a stupid decision then I think I did my job.

By the way, their chat support works and they are not bots. They put some effort into making it look legitimate. I tried poking holes into their business by asking questions. I asked them why is their address located and Lloyds bank and they said that they are renting an office inside the bank/building, I haven't called the place but I am pretty sure that Lloyds Bank does not lease office space. I directly asked them whether their business is a scam too and the only answer they gave me is that their competitors are trying to taint their name.

I asked for a competitor name but he only gave me one. The chat gave me crypto-t.com. Check this one out too if you have the time.