Cosmwasxe.com Fake Wholesale Website Scam

Cosmwasxe.com is a scam website pretending to be a secondary platform of Costco.com, offering fake discounts and impersonating a trusted brand. This fraudulent site claims to provide up to 90% discounts on products, but in reality, it never delivers any items to customers. Instead, the scammers behind the site are collecting payments via wire transfer and cryptocurrency, making it nearly impossible for victims to recover their money.

Scam Tactics Unveiled False Wholesale Discounts

Cosmwasxe.com lures users with the promise of unbeatable wholesale prices, claiming to offer products at 90% off. The website asserts that it is Costco’s secondary sales platform, where excess or discounted products are sold. This is entirely false, as Costco has no affiliation with the site.

Payment Scams

Victims are typically asked to pay using wire transfers or cryptocurrency, methods that are hard to trace and recover. One user reported losing $1,500 after paying through the provided cryptocurrency address: 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48. Once the payment is made, the site goes silent, and no products are ever delivered.

Fake Refund Promises

The site claims that unsatisfied customers can receive a refund within two days. However, these promises are fake, and victims are left without recourse when they request refunds. The site simply ignores these requests, further illustrating its fraudulent nature.

Unauthorized Use of Branding and Advertising

Cosmwasxe.com uses Costco’s logo and branding without permission. By mimicking a reputable brand, the scammers trick consumers into believing they are purchasing from a legitimate platform. The site advertises heavily on social media, further reinforcing the illusion of authenticity. These fake ads, combined with unauthorized use of a trusted brand, make it easy for users to fall into the scam.

Fake Legal Notices and Licenses

Cosmwasxe.com displays counterfeit legal notices and fake business registration certificates to give the appearance of legitimacy. These documents are presented on the site to convince users that it is a registered and trusted business. However, the site has no real license to operate, and the displayed certificates are entirely fabricated. This use of fake documentation is a common tactic in online scams to reassure victims before stealing their money.

Cosmwasxe.com Analysis

A look into the domain cosmwasxe.com reveals several suspicious details:

• Domain Name: cosmwasxe.com
• Creation Date: July 16, 2024
• Registry Expiry Date: July 16, 2025
• Updated Date: July 16, 2024

The domain was registered recently, on July 16, 2024, with a short-term expiry date typical of scam websites. These sites are usually created for a short period, used to scam as many people as possible, and then disappear before legal action can be taken. The fast setup and lack of long-term credibility are key indicators that the website is not legitimate.

Cryptocurrency Scam

Cosmwasxe.com also accepts cryptocurrency payments, which allows scammers to operate anonymously and makes it virtually impossible for victims to recover their money. One victim reported losing $1,500 through the following cryptocurrency address: 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48. These addresses are often used by scammers to collect payments and then quickly move funds to avoid detection.

Cosmwasxe.com Conclusion

Cosmwasxe.com is a fraudulent website designed to steal money from unsuspecting consumers by falsely impersonating Costco and offering fake wholesale discounts. The platform’s use of fake legal notices, unauthorized branding, and hard-to-trace payment methods like wire transfers and cryptocurrency makes it a sophisticated scam. Consumers are advised to avoid cosmwasxe.com and any similar websites, always verifying the authenticity of online retailers before making payments.