Scam URL: coinmitese.com (formerly coinmite.com)

Description: A fraudulent investment platform posing as a crypto trading site. Victims were scammed by being promised significant returns. Victims were subsequently asked for additional payments to withdraw their funds.

Contact Information:

• Fake recovery website: https://scamsreport.net/coinmitese-com-review/
• Scam recovery email: help@pointble.com
• Recovery agent email: lukas@rdgallup.com
• WhatsApp number: +44 7405 869243
• Platform: Vimebit.com
• Required additional payments for gas transfer and low dust fees

The complainant lost money after being convinced by a fake recovery agent to transfer funds to another fraudulent platform, Vimebit.com. They were repeatedly asked for additional fees under the pretext of transferring funds, which never materialized.

If Coinmitese.com or the associated recovery scams have scammed you, please share your story to help track and prevent further scams.

Domain Analysis – Coinmitese.com & Related Domains

Coinmite.com

Coinmite.com, registered on May 22, 2023, is a fraudulent investment platform posing as a legitimate crypto trading site. The domain, handled by GoDaddy.com and shielded by Domains By Proxy, LLC, is a classic example of an online scam targeting unsuspecting investors. Coinmite.com, which also operates under Coinmitese.com, lured victims through fake identities and fabricated investment returns.

Despite its short existence, the site has left a trail of financial devastation, underscoring the importance of due diligence in online investments.

Here’s another complaint regarding Coinmite.com.

Coinmitese.com

Coinmitese.com, registered on March 21, 2024, with Alibaba.com Singapore E-Commerce Private Limited, is a newly established and fraudulent investment platform. This domain, hosted by Alibaba (US) Technology Co., Ltd., with servers in Singapore, lured victims with promises of significant returns through cryptocurrency investments. The platform’s deceptive nature is evident from its swift rebranding from Coinmite.com to Coinmitese.com and its association with fake identities and manipulative tactics.

Victims, including those emotionally manipulated by imposters on social media, were convinced to invest substantial amounts, only to find themselves unable to withdraw their funds. Coinmitese.com employed classic scam techniques, such as requesting additional payments under various pretenses like transfer fees and compliance charges, to drain victims’ finances further.

Privacy services obscure the domain registration details, making it challenging to trace the actual perpetrators. Despite being listed as “okay” in domain status, the site’s activities have proven otherwise. Coinmitese.com has minimal organic search traffic and backlinks, reflecting its short existence and fraudulent nature. The platform has been identified as a scam on various review sites, warning potential investors of its deceitful operations.

The registrant’s contact information points to a generic address in “abudubi,” AE, further indicating its dubious nature. Efforts to connect victims to recovery agents through fraudulent means only exacerbate the financial damage, with fake agents demanding additional funds to “recover” lost investments.

Coinmitese.com Review

Coinmitese.com claims to be a next-generation cryptocurrency trading platform, promising advanced trading products. The site’s content highlights a sophisticated, user-friendly interface, aiming to attract potential investors by projecting an image of a secure and innovative trading environment. Their “About Us” section suggests that the platform has a global user base, with a focus on digital asset management grounded in blockchain technology. The team purportedly comprises experienced professionals from notable tech companies like Amazon, Intel, and Cisco Networks and claims to have secured over ten million US dollars in strategic investments.

Red Flags We Found at Coinmitese.com

Despite these impressive claims, the platform exhibits numerous red flags indicating a scam. The primary contact details, including addresses, emails, and phone numbers, are conspicuously absent or obscured. The listed contact information includes only the registrar details, provided by a privacy service based in Reykjavik, Iceland, effectively shielding the site’s real operators from scrutiny.

Further, the Help Center contains vague and generic information on trading rules, handling fees, and frozen assets, lacking the depth and specificity expected from a legitimate trading platform. For example, the explanation for frozen assets is simplistic and non-informative, merely stating that assets are temporarily managed by the system without clear operational details.

Serious red flags include the following:

1. Lack of transparent contact information: A major concern is the absence of direct contact details (phone numbers, emails, physical addresses) for customer support or company representatives.
2. Use of privacy protection services: The domain’s registrant information is heavily protected, hiding the true identities of those behind the platform.
3. Generic and vague information: The Help Center’s content is overly broad and lacks specific operational details that users need to make informed decisions about using the platform.
4. Claims of high-level strategic investments: These claims are made without verifiable evidence, raising doubts about their authenticity.
5. The overall presentation: The site’s professional veneer cannot mask the lack of credible information, transparency, and verifiable details.

These elements suggest that Coinmitese.com may be a scam, using elaborate front-end design and impressive claims to lure unsuspecting investors into fraudulent activities.

Vimebit.com

Vimebit.com, registered on January 24, 2023, through NameCheap, Inc., is a fraudulent platform masquerading as a legitimate cryptocurrency service. The domain, hosted by Namecheap, Inc., with servers in the UK, exploits privacy services to obscure its operators’ identities. This setup is typical of scam operations that aim to defraud unsuspecting investors.

The registrant’s contact details are hidden under a privacy service provided by Withheld for Privacy ehf, located in Reykjavik, Iceland. The website has a status of clientTransferProhibited, indicating restrictions on transferring domain ownership, which is another tactic scammers use to maintain control and avoid detection.

Despite the domain’s clean registration status and the absence of significant organic traffic or keyword rankings, Vimebit.com has been involved in various fraudulent activities. Victims are lured into transferring funds under the guise of cryptocurrency transactions and recovery services. Once funds are transferred, the platform imposes additional fees and charges, claiming these are necessary for completing transactions or complying with regulations. These excuses are designed to extract as much money as possible from victims before they realize they have been scammed.

Vimebit.com’s fraudulent activities include manipulating victims through various communication channels, such as email and WhatsApp, to create a facade of legitimacy. This scam is part of a broader network of fraudulent sites that leverage the anonymity provided by domain privacy services and international hosting to evade law enforcement.

Vimebit.com Review

Vimebit.com presents itself as a sophisticated cryptocurrency trading platform, emphasizing its commitment to user trust and security. The site claims to offer advanced trading products and a user-friendly interface designed to facilitate swift digital currency transactions with minimal fees. Vimebit’s promotional material boasts of its extensive user base, highlighting over 2.4 million happy users and over 3.1 million open wallets. The platform emphasizes its security measures, user-friendly navigation, and fast transactions, claiming to support a wide range of cryptocurrencies.

The website’s contact information includes an address in Malmö, Sweden: Hans Michelsensgatan 9, 211 20 Malmö. The provided email for support is support@vimebit.com. The platform also states that it does not offer telephone support, warning users against phone scams.

The site’s compliance and privacy sections outline Vimebit’s anti-money laundering (AML) and know-your-customer (KYC) procedures, which include the appointment of a Money Laundering Reporting Officer (MLRO) and an independent risk committee. Users are required to provide personal details for account verification, with enhanced due diligence for high-risk customers. The platform also implements security measures, such as HTTPS encryption and access controls, to protect user data.

Red Flags

Despite these claims, several red flags suggest Vimebit.com may be a scam.

Firstly, the website lacks transparent and verifiable contact information beyond a single email address and a physical address in Sweden, which could easily be fictitious. The absence of phone support is also suspicious, as legitimate financial services typically provide multiple contact methods.

The heavy reliance on privacy protection services to obscure domain registrant details further raises concerns. Legitimate companies usually operate with a high degree of transparency regarding their ownership and management.

Additionally, the platform makes several impressive claims about its user base and transaction volumes without providing verifiable evidence. The website’s professional design and extensive use of marketing jargon cannot compensate for the lack of concrete, verifiable information about the company’s operations and regulatory status.

The privacy policy and user agreement sections contain broad and vague terms, including disclaimers that absolve Vimebit.com of significant responsibilities and liabilities. This is indicative of a scam, as legitimate platforms generally provide clear and detailed terms of service and privacy policies.

Scamsreport.net

Scamsreport.net, registered on July 22, 2022, through NameCheap, Inc., is another example of a fraudulent website. Hosted by Cloudflare, Inc. and shielded by a privacy service provided by Withheld for Privacy ehf in Reykjavik, Iceland, this domain exemplifies how scammers exploit privacy features to operate anonymously. Despite being listed with the status of clientTransferProhibited to prevent domain transfers, the website’s actual purpose is to deceive individuals into believing it offers genuine scam recovery services.

Scamsreport.net claims to assist scam victims by providing recovery solutions, but in reality, it is a facade used to exploit those who have already been defrauded. The site uses Cloudflare’s services, with servers in Toronto, Canada, to mask its origins and maintain a semblance of legitimacy.

The website has seen modest traffic, primarily from organic searches, with a notable presence in countries like the United States, Australia, and Canada. However, this traffic is driven by desperate individuals seeking help to recover lost funds. Once engaged, victims are directed to provide personal and financial information, which is then used to defraud them further.

The registrant’s contact details, hidden under privacy protection, prevent tracing the actual perpetrators behind scamsreport.net. This setup allows the scammers to continue their operations without fear of reprisal. The site’s minimal engagement metrics and organic traffic indicate its primary function as a scam rather than a legitimate service.

Scamsreport.net Review

The Scams Report website presents itself as a dedicated platform aimed at helping victims of financial scams recover their lost funds. The website claims to offer various scam recovery services, including assistance with cryptocurrency, forex, binary, online dating, and investment scams. It positions itself as a community-focused entity committed to combating online fraud and supporting scam victims. The site emphasizes its trustworthiness, privacy, and support, aiming to restore financial control to those affected by scams.

The homepage highlights different types of scams, including Bitcoin and crypto scams, forex scams, phishing scams, WhatsApp and Telegram scams, identity frauds, card fraud, fund transfer scams, and dating scams. The site claims that every scam victim has the right to recover their funds and offers free recovery consultations. The services are described as reliable and beneficial, with a focus on promptness and accuracy in reclaiming lost funds.

Scams Report also provides user testimonials from individuals who purportedly recovered funds through their services. These testimonials speak highly of the company’s expertise and supportive approach. The site includes a search function for scam brokers and detailed reports on various scam brokers to inform and protect potential investors.

The company’s contact details are prominently displayed. They are located at 128 City Road, London, United Kingdom, EC1V 2NX. The phone number provided is +16825512217, and the contact email is admin@scamsreport.net. The site also offers a consultation form for victims to fill out with personal details, including the amount lost and details about the scam broker involved.

The website presents itself as being registered with the Registrar of Companies for England and Wales under the company name SCAMREPORTS.NET LTD, with the company number 14941109.

Red Flags

Despite the professional presentation, there are several serious red flags indicative of a potential scam:

1. Exaggerated Claims: The website makes broad and unsubstantiated claims about its ability to recover funds from various scams without providing concrete evidence or detailed processes for achieving these recoveries.
2. Lack of Transparency: Little to no information is provided about the actual team behind the services, their qualifications, or their recovery methods. Genuine recovery services typically provide detailed information about their team’s expertise and methods.
3. Overemphasis on Testimonials: The website heavily relies on user testimonials, which can easily be fabricated. There is no way to verify their authenticity.
4. Ambiguous Company Information: While the site lists a company registration number and address, this information alone does not guarantee legitimacy. It is crucial to verify these details through official channels.
5. High-Risk Claims: Promising recovery from scams, especially complex ones like cryptocurrency scams, is a red flag as these are notoriously difficult to recover from. Legitimate firms often set realistic expectations regarding the recovery process.
6. Aggressive Marketing: The site’s aggressive marketing and emphasis on quick refunds and free consultations can be a tactic to lure desperate victims into paying for services that may not deliver results.

Additional Complaints We Received

On July 9, 2024, we received a complaint from a victim who was deceived in a romance scam involving coinmites.com.

Initially, they were asked to wire money and purchase Bitcoin via Coinbase, with the promise of making more profit. Trusting this promise, they sent the Bitcoin to Coinmites. However, when they attempted to withdraw their funds, Coinmites refused, demanding unexpected taxes to be paid first.

After investigating further, the victim discovered that Coinmites is a scam platform.

The Bottom Line Regarding Coinmitese.com & Related Sites

Upon examining the domains Coinmite.com, Coinmitese.com, Vimebit.com, and Scamsreport.net, it becomes evident that they are interconnected elements of a larger fraudulent network designed to deceive and financially exploit unsuspecting individuals.

Coinmite.com and its rebranded version, Coinmitese.com, masquerade as legitimate cryptocurrency trading platforms, luring investors with promises of significant returns. Victims are manipulated into believing they are making profitable investments, only to encounter insurmountable obstacles when attempting to withdraw their funds. The continuous rebranding and obfuscation of domain ownership highlight the perpetrators’ intent to evade detection and continue their fraudulent activities under different guises.

Vimebit.com operates as an extension of this scam, posing as a legitimate service but primarily functioning to further extort money from victims. Those who fall prey to Coinmitese.com are often directed towards Vimebit.com, where they face additional requests for payments under various pretenses, such as transfer fees and compliance charges. This creates a vicious cycle of financial loss for the victims, who are repeatedly misled into believing that additional payments will facilitate the recovery of their initial investments.

Scamsreport.net adds another layer to this complex web of deceit by pretending to offer recovery services for scam victims. Instead of providing genuine assistance, it exploits the desperation of individuals seeking to reclaim their lost funds. The site collects personal and financial information under the guise of facilitating recovery but ultimately uses this information to further victimize individuals through continued financial demands and false promises.

The linkage between these domains is underscored by their shared tactics: privacy-protected domain registrations, rapid rebranding, and the strategic use of persuasive but ultimately hollow promises. They are parts of a coordinated effort to perpetuate financial scams across multiple platforms, ensuring that another ensnares victims who attempt to escape one trap.