- This topic has 1 reply, 1 voice, and was last updated 9 hours, 27 minutes ago by .
-
Topic
-
Type of Scam: Identity Fraud and Investment Scam
URL of Scam: app.finswap.io
Victim Description: The scam involved the forgery of a known broker’s identity to establish trust. A fraudulent account was set up under this guise, leading the victim to transfer funds to it. The victim has detailed information available for investigation purposes.
Amount Loss: $26,432
Cryptocurrency Address: bc1q67swpuwdzv6k75kzfruv64gmyhf4tfm2df0ulu (Bitcoin)
Open-Source Intelligence Analysis: Investigative Report on Fraudulent Activities at app.finswap.ioCurrent Website:
The website app.finswap.io is part of an elaborate scam involving identity theft and deceptive investment schemes. The platform falsely uses the identity of a reputable broker to manipulate individuals into transferring significant amounts of money.Domain and Hosting Information:
Registrar: Dynadot Inc
Registered On: 2024-09-10
Expires On: 2025-09-10
Updated On: 2024-09-15
Status: clientTransferProhibited
Nameservers:ns5.vebhost.com, ns6.vebhost.comTechnical Analysis and Legal Action Recommendations:
Domain Registrar: Dynadot IncAction Recommended: Secure detailed registration and ownership details to identify the operators behind the scam.
Nameservers: Managed by vebhost.comAction Recommended: Obtain DNS logs and configurations to trace the domain’s activities and establish links to other fraudulent operations.Critical Observations:
The use of lesser-known nameservers and a short domain lifespan are indicative of a setup commonly utilized by fraudsters to quickly establish and dismantle scam operations. The domain’s status, “clientTransferProhibited,” may reflect a precaution to lock the domain during active scam operations to prevent seizure or disruption.Conclusion:
The fraudulent activities conducted through app.finswap.io necessitate urgent investigative and legal actions. Subpoenas for domain registration and DNS logs are critical for dismantling the scam infrastructure and may assist in the recovery of the victim’s funds. Awareness and caution regarding online investment opportunities, especially those involving unsolicited contacts or too-good-to-be-true offers, are essential to prevent similar scams.
-
Replies
-
-
Beware of app.finswap.io: A Costly Cryptocurrency Scam
If you’ve come across app.finswap.io, stay alert. This platform was used in a sophisticated scam that cost one victim $26,432. The scammers impersonated a trusted broker, gaining the victim’s trust and convincing them to transfer funds to a fraudulent account. They used legitimate exchanges, including Binance and Remitano, to cash out stolen funds. No cryptocurrency wallet addresses are available yet, but investigators traced three transactions to these platforms.
We know how it feels to trust a professional, only to find out it was all a lie. The victim believed they were working with someone real. The scammers even set up a fake account that looked official. Every step was designed to look legitimate. But it was all fake, and the funds disappeared.
At CNC Intelligence, we stepped in to help. We traced the transactions and documented everything. Our team provided a full report and guided the victim on how to report the case to law enforcement.
This case highlights the danger of trusting unknown platforms. If someone promises you an easy way to transfer funds, always check their legitimacy. Ask yourself: Does this seem too good to be true? If it does, it probably is.
Is this a scam? Absolutely. The forged broker identity and fake account leave no doubt. We urge you to stay vigilant and avoid platforms like app.finswap.io. Let’s protect each other from falling into these traps.
-