According to our Fegdex review, Fegdex.com is a scam. It tricks people with fake cryptocurrency deals and other similar types of digital investment schemes. The TrustScore is really low at 14/100, marking it as a “Scam”.
The main purpose of these kinds of platforms is to attract people into various types of scam platforms like fake cryptocurrency investments, offering unbelievable return on investments, pyramid schemes, pump and dump schemes, fake ICOs (Initial Coin Offerings), phishing attempts, identity theft, and so on.
They deceive people by not paying anything or paying very little initially.
These are the reasons that make Fegdex a scam:
- Fegdex is offering you to make money by investing and trading on cryptocurrencies.
- Some can also offer you training, your portfolio management and investment insights to take you in their confidence.
- Although these kinds of businesses may pay at starting, ultimately they will stop paying due to their unsustainable business nature.
- These kinds of platforms also operate referral program in which they offer incentives to new members through referral.
- Such platforms never give you money-back guarantee or any assurance on your investment money.
- They even make the money withdrawal process difficult by implementing complicated rules, such as to withdraw money from your account, you have to deposit some money at first. They only they will allow you to take out your money.
- Not only that, but some of these platforms even block your account to deceive your money.
- To trick people, they use an easy way to register a company. For example: they rent virtual address and third party documents to register a company in the UK Companies House.
- Legal Authorities have issued a warning to stay out of these kinds of businesses.
So, make sure to research and check if such platforms are real on financial authorities' websites like the SEC. Always be careful because offers that seem too good to be true usually are.
How To Get Refund and Stay Safe After Using Platforms Like Fegdex?
Getting a refund from platforms like Fegdex.com is really difficult. Still, you can try these methods:
- Documentation:
- Keep record of everything you do on those platforms such as screenshots of payment account and transactions, emails, messages and so on,
- Report:
- Report the scams that you come across to your country's legal authorities.
- Likewise, report such scams to the reporting agencies, such as the Internet Crime Complaint Center (IC3), and FTC.
- Legal Advice And Action:
- You can talk to a lawyer for advice and take legal action. But remember, legal processes can be expensive. Choose this option only if you've lost a lot of money on these platforms. Getting your money back is not easy, but doing something is better than doing nothing.
- Passwords Change:
- Change the passwords of the payment methods you have used on such platforms.
- Scan The Device:
- After using such platforms, scan your device using the renowned antivirus and anti-malware programs.
How to spot online scams like Fegdex?
To spot online scams like Fegdex, remember these tips:
Check Contact Info:
Real platforms have real contact info, like a real address and a working phone number. However, scam platform, either don't have contact info or give fake ones.
Beware of Unbelievable Rate of Returns:
Be careful with platforms claiming to offer high rate of return within a short period of time, or other similar kinds of unreal claims. Since, genuine platforms can never offer such unbelievable rate of returns.
Look for Copied Content:
Scam platforms like this often steal content from other scam platforms. So, if you see the same stuff on different platform, it's safer to avoid them.
Check Platform Security:
Make sure the platforms has SSL security. Also, check trust seal logos like McAfee or Norton. Real trust seals can be clicked and take you to official verification pages. However, fake ones don't work or take you to random pages.
Customer Complaints:
See if there are any complaints from customers about the platform. A few complaints mixed with mostly good reviews suggest a decent reputation. However, if there are lots of complaints and negative reviews, be cautious.
Check Social Media Links:
Scam platform might not provide any social media icons, or provide the fake ones that don't lead to the company's real social media pages or profiles. So, check for the social media icons.
Fake Promises:
Platform that promise big money for easy work or superfast profits are often scams.
Also, if you get offers like unbelievable deals, sales that sound too good to be true, surprise gift cards, prizes, or lottery wins out of nowhere, they're usually just tricks to fool you.
Look at WHOIS Info:
Find out when the platform was registered using WHOIS. Be careful with brand-new platform.
Watch for Other Website Names:
Be careful with scam websites that copy content; they might use different website names on their policy pages, checkout page, or at the bottom of their pages. Also, some scam websites use names different from their domain name for their website.
Final Verdict on Fegdex Review:
As mentioned earlier in the Fegdex review, it is clear that Fegdex.com is a scam platform, and it is not recommended.
Now that you know our final verdict for Fegdex.com, here's what we suggest you do:
Check Comments:
To find out more about Fegdex.com, read the comments below. If there are no comments, use the points mentioned earlier in our Fegdex review.
Spread Word:
Help others by spreading the word about this scam. Share this Fegdex review with your friends and family on your social media accounts.
Report Scams:
If you have other scams to report, want to file complaints, or share reviews about different companies, please go to our “Report Scam” section. You can share your thoughts or complaints about those specific companies or activities there, which will be posted on our “Customer Reviews” section after checking them against spams.
FAQs and Answers based on this Fegdex review:
Why is Fegdex a scam?
Fegdex operates as a scam by using fake cryptocurrency deals and fake digital investment schemes.
How can I get money back from platforms like Fegdex?
Getting a refund from such platforms is not so easy, but you can document your interactions, report the scam to legal authorities and seek legal advice.
How does Fegdex.com attract people?
Fegdex lures individuals by presenting chances to earn money via cryptocurrency investments and trading. Additionally, they may provide training, portfolio management services, and investment insights, not with the intention to help, but to make them fall into their scam. Some of them even promote using fake or AI generated celebrity clips to trick people.
Note: The information in this Fegdex review is based on the date provided, and details may change in the future.
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