Verified: yirvd.com operates https://www.yirvd.com/#/pages/logon through a website, which is a fictitious exchange that does not exist in reality, and whose main purpose is to deceive investors through the Internet.
Their website is currently defunct and appears to have gone out of business, and most fake broker websites are almost the same and do not provide any valid information to traders, so traders must be vigilant in case they are scammed and their funds are damaged.
And most non-compliant brokers will not disclose their direct and authentic contact information, such as phone number or business address.
Note: yirvd.com As an unregulated broker, this means that clients' investments may not be adequately protected. The lack of regulation increases the risk of potential financial losses due to the lack of regulatory bodies to hold companies accountable.
If you invest in an unregulated broker, there's a good chance they'll run away with your hard-earned money without any recourse. Therefore, investors must be extremely cautious and when choosing a broker, remind everyone to stay away from these unregulated ones as much as possible.
The exchange initially appeared trustworthy and collected funds, but eventually ran into problems, such as not being able to withdraw funds. The main features are as follows:
1. yirvd.com
- outlines attractive investment opportunities: "yirvd.com" offers investment products that promise high returns in a short period of time, attracting a large number of investors.
- Sophisticated Website: They create a website that is indistinguishable from a real exchange, giving investors peace of mind.
- False certification: Claiming to have non-existent regulatory approvals to create the illusion of credibility.
2. Actual Damage Status
- Cannot Be Withdrawn: Even if you make a profit, you will not actually be able to withdraw your funds. Even if you contact support, most of the time the withdrawal will be declined for some reason.
- Intrusive Temptation: You will receive frequent phone calls and emails urging you to make large investments. This has led to a lot of victims investing a lot of money.
- Ultimate ignorance: When investors try to withdraw their funds, they are suddenly unable to contact them, and websites are often shut down.
3. How to Spot Fraudulent Transactions
- Promising Unusually High Profits: Be wary of investments that promise high yields, as they are likely to be scams.
- Check for licenses: Always check the official website to find out if the exchange is licensed by the regulator.
- Check Reputation: Checking reviews and reputation can help you determine if it's a scam or not. It's especially important to look at real opinions on social media and message boards.
4. What to do if you are a victim
- Contact your bank or card issuer: Suspend the transaction and report any fraudulent transactions. In some cases, refunds may be issued.
- File a police report: If you suspect you've been scammed, file a police report so they can investigate.
- Consult a lawyer or consumer group: If legal action is required, consult a specialized lawyer. It may also be helpful to seek advice from consumer protection organizations.
