CedarTradeGlobalFX.com: Scammers disguised as brokers

[ArtemMit]

CedarTradeGlobalFX.com is just such a case, and in this article we will reveal their fraudulent scheme.

CedarTradeGlobalFX.com Overview

CedarTradeGlobalFX presents itself as a reliable broker offering trading on the foreign exchange market. However, upon closer examination, it becomes apparent that this is a typical fraud scheme.

Firstly, when you search for CedarTradeGlobalFX reviews on the internet, you will find nothing but empty promises and false guarantees. Reviews from real clients, if they exist at all, are absent, which already raises suspicions.

Another alarming signal is the age of the company's domain. According to WHOIS, the domain CedarTradeGlobalFX.com was registered quite recently, which indicates possible fraudulent activity. Often scammers create new sites to avoid negative reputation and quickly disappear after defrauding customers.

Domain: CedarTradeGlobalFX.com
Domain age: less than 6 months (at the time of writing)

How they work?

CedarTradeGlobalFX's scamming mechanism is simple. They lure potential victims with promises of high profits and easy money. Clients are offered to open an account and make an initial deposit, promising access to exclusive trading tools and strategies.

However, once the money is transferred, customers run into problems. Withdrawals become impossible, and the company's 'professional analysts' ignore requests. As a result, investors are left with nothing and the scammers disappear with their money.

Warning

If you have fallen victim to CedarTradeGlobalFX or other similar fraudulent schemes, do not despair. We encourage all victims to unite and report their cases. Email us at [email protected] and we will help you recover your stolen funds.

Remember that there are many scammers on the internet and CedarTradeGlobalFX is just one of them. Be vigilant and check any company thoroughly before trusting it with your money.