Individuals have reported a potential scam involving the website Infinityaccuratetrades.com. Victims are promised high returns on trades and are asked to send additional funds to release their profits, a common tactic in advance-fee scams.

Key Details:

• Scam Name: Infinity Accurate Trade
• Website: Infinityaccuratetrades.com
• Receiving Bitcoin Address: 1CF1CVd7SNtahZ9o9rZChnJuuZ6ZxzB1Rv

Incident Report:

Victims have experienced similar patterns where initial small amounts (e.g., $50) are sent to the specified wallet address for trading. They are asked to send additional money to “release” their earnings post-trade. Despite complying, victims report being unable to recover either the additional funds sent or the original investment.

One victim was informed they had made $3520 from trading and were then asked to send an additional $500 to retrieve their earnings. This type of request is a significant red flag for fraudulent operations.

If you have been affected by this or a similar scam, please share your experience to help warn others and potentially assist in recovery efforts.

Domain Analysis

Infinityaccuratetrades.com, a domain registered through HOSTINGER operations, UAB, emerged on July 16, 2023, with its registration set to expire a year later on the same date. The domain’s status, marked as ‘clientTransferProhibited,’ indicates restrictions on its transfer between registrars, ensuring stability in its management. Hosted by Hostinger International Limited under the autonomous system number AS47583, the website’s IP address traces back to Phoenix, USA, highlighting its technical setup managed by SC “Lithuanian Radio and TV Center.”

Despite its seemingly legitimate setup, infinityaccuratetrades.com has been flagged for engaging in classic advance-fee fraud. This involves enticing victims with promises of high investment returns and demanding more money to release the supposed profits. Reports from victims indicate a pattern where initial small investments lead to requests for additional funds, with the victims unable to retrieve either their initial capital or the promised returns once additional payments are made.

These activities warrant caution and further investigation as the site exhibits several red flags typical of online investment scams. Victims of such schemes are encouraged to come forward and share their experiences to aid in collective awareness and potentially assist in broader investigations into the website’s operations. The involvement of a stable and well-regarded hosting service like Hostinger should not overshadow the need for thorough due diligence by potential investors.

Infinityaccuratetrades.com Review

Infinityaccuratetrades.com presents itself as a financial investment company, claiming extensive experience in the field since 2016 and touting a broad array of investment services, including cryptocurrency trading. The website content boasts about an address at 480 S. California Ave., Suite 201, Palo Alto, CA. It offers customer service contact through an email, support@Infinityaccuratetrade.com, though no phone numbers or specific social media accounts are listed. The site purports to serve an impressive client base, stating 875,000 happy clients and managing substantial financial transactions.

The company asserts strong security measures and guarantees of insured investments, positioning itself as a reliable platform for significant financial growth. According to the site, users can start with three simple steps: creating an account, making a deposit, and watching financial growth, which seems streamlined for user engagement.

Red Flags

However, several red flags suggest caution.

Firstly, the promise of zero-risk and insured investments is highly uncharacteristic of legitimate investment platforms, especially in the high-volatility domain of cryptocurrencies. The assurance of constant high returns and the quick setup process could appeal to the naive investor, but these are typical investment scams.

Another concern is the lack of detailed regulatory information and the absence of visible licensing from any financial regulatory authority, which is critical for financial service providers.

Additionally, the website’s language and promotional strategies — emphasizing effortless profits and security without substantive backing or transparency — align with common fraudulent schemes.

The physical address and the professionalism suggested by the website’s design might lend it an air of legitimacy. Still, without verifiable backing from a financial regulatory body and given the high return guarantees with minimal risk, potential investors should approach with significant skepticism.

This type of setup is common in ‘too good to be true’ schemes found in advance-fee frauds and other financial scams.