Fasttrademining is a scam crypto investing platform that claims to offer huge returns on ‘investment plans’ to those willing to deposit their funds here.
However, the platform is actually being used as part of a scam whereby people are lured into investing, only to have their funds stolen.
PawProfitForum Team was contacted by someone who deposited money at Fasttrademining after being encouraged to invest by a person who befriended them following a ‘mistaken’ message over WhatsApp.
The victim realised they’d been scammed when they came to withdraw their money, only to find their account had been blocked.
When they queried this with the scammers, they were told they needed to pay a percentage of the funds plus ‘profit’ as a release fee.
Unfortunately, the victim handed over the money but this too was stolen.
How to spot the Fasttrademining scam
The site is built from a cookie-cutter template and there are lots of things that give it away.
They include:
- The domain name is very new and doesn’t match the title of the actual site, which is written as ‘Fast trading minning (sic)’.
- The team photos don’t match the names and the images of the people used have clearly been scraped from other sites or are model photos.
- The profits on offer are unfeasibly high, with the basic plan offering a 30% weekly return on deposits of between $500 and $1,000. This rises to 50% a week on deposits between $5,000 and $25,000.
- There’s no explanation as to the trading methods used or how profits are achieved for any investor who signs up to Fasttrademining.
- The site content is littered with spelling mistakes and grammatical errors.
- The website consists of a single page which doesn’t contain any of the regulatory information or company details expected from a legitimate trading platform.
- The only way of contacting Fasttrademining is via a form. There are no other details given, such as email, telephone or physical address.
- Fasttrademining has a Domain Authority (DA) score of just 1, the lowest possible. This means that it gets very little traffic and has no inbound links.
- There are no mobile apps or social media accounts associated with the Fasttrademining platform – a genuine crypto investment company would have these.
Scammers go to great lengths to stay under the radar which makes it very difficult to secure the return of your funds.
There are also private companies that might be able to help which I’ve written about here.
Have you had any experience with this platform? Kindly share your thoughts in the comment section to help others stay informed and safe.