Guaranteedstocks.com is a fraudulent cryptocurrency trading platform that has been involved in scamming numerous users. After initially shutting down, the platform reopened briefly before going offline again, leaving victims unable to access their funds. Through a deeper investigation, it was discovered that Guaranteedstocks.com demanded fake taxes and upfront fees from users in order to withdraw their money, but no withdrawals were ever processed. This behavior clearly indicates that the platform is a scam.

Specific Complaints

Users who interacted with Guaranteedstocks.com have reported multiple issues, particularly around withdrawals. Many victims were asked to pay hefty upfront fees and taxes to process their withdrawals, but after making these payments, they were unable to access their funds. One user reported losing $4,500 after engaging with the platform and transferring funds to the cryptocurrency address bc1qsuahtx44rt5j26sa3437r6gxj3jxs78x4x2w90.

Scam Tactics on Guaranteedstocks.com

Guaranteedstocks.com used several fraudulent tactics to steal from its users:

1. Fake Withdrawal Fees: Users were asked to pay taxes and fees upfront to withdraw their funds. This is a common scam tactic used to extract more money from victims before they realize the platform is fake.
2. No withdrawal processing: Even after users paid the required fees, their withdrawal requests were never processed, and all attempts to contact customer support went unanswered.
3. Website Shut Down and Reopened: The platform initially shut down and reopened, a classic move used by scam sites to avoid detection and prolong their fraudulent activities. This tactic helps the scammers continue their operations under a slightly altered brand or by pretending to resolve issues.

Domain Analysis

The domain Guaranteedstocks.com was created on June 3, 2006, and was updated on May 30, 2024. While the domain has been around for some time, it was likely repurposed for fraudulent activities in recent years. Scam sites often use older domains to appear legitimate and avoid immediate suspicion. However, the lack of transparency and fake withdrawal demands reveal the true nature of this platform.

• Domain Name: GUARANTEEDSTOCKS.COM
• Updated Date: 20240530
• Creation Date: 20060603
• Registrar Registration Expiration Date: 20250603
• Registrar Abuse Contact Phone: +1.4806242505

The ownership details of the domain are hidden, which is another red flag often associated with fraudulent websites. Legitimate businesses usually have clear, traceable domain information.

Receiving Address Analysis

The cryptocurrency receiving address associated with this scam is bc1qsuahtx44rt5j26sa3437r6gxj3jxs78x4x2w90, where one user reported losing $4,500. This address is flagged for fraudulent activities and has been linked to multiple complaints regarding fake trading and scam operations. Any funds sent to this address are unlikely to be recovered, as scammers typically move money quickly to obscure its origins.

Bottom Line of Guaranteedstocks.com

Guaranteedstocks.com is a fake cryptocurrency trading platform that has defrauded users by promising high returns, only to block withdrawals after charging bogus upfront fees and taxes. With one user reporting a loss of $4,500, it is clear that the platform is designed to steal from its users. The website’s shutdown, reappearance, and eventual disappearance further confirm its fraudulent nature. Avoid Guaranteedstocks.com and similar platforms, and always research thoroughly before making any investments online. Report any suspicious activity to help prevent others from falling victim to these scams.