Expert Fortune Miners (expertfortuneminers.com)
Online Investment Platform
Is Expert Fortune Miners Fake or Real?
Why Is Expert Fortune Miners Fake?
Expert Fortune Miners is a website that claims to be a platform for earning profits through investments. According to the website, the profits are generated through ‘crypto-currency mining, smart contracts and speculation in crypto-currency exchange rates.’
The website is quite poorly-made as it is not properly optimized for smaller screens. The content on the website is copied and is being used by at least 75 other websites that may all be scams.
A domain name lookup of the website shows that it was registered on 6th October 2020. The organization name is mentioned as ‘Expertfortuneminers’ and the location is given as California, USA. The registrant’s contact details have not been provided.
Even though the website is just over 2 months old, the company claims that the platform has been running for 3,997 days ie. 10 years, 11 months and 11 days. This is clearly a lie. The website footer shows the year of the website creation as 2018, which is yet another lie.
Though the domain registration information shows that the website was registered in California, USA, the FAQ section of the website says that the company is registered in the UK.
The company registration information seems to be of a random company called ‘Bitstability Limited’ that was dissolved in May 2018. Therefore, the statement that the company is a ‘registered entity’ seems to be yet another lie. In any case, any UK-based company that handles investments must be registered with the FCA to be considered legitimate.
The investment plans of Expert Fortune Miners promise returns such as 100% profit per week. This is hard to believe and suggests that it might be a Pyramid or Ponzi scheme.
The website also has an ‘Affiliate Program’ that is structured much like a pyramid scheme.
The ‘Affiliate Commission’ program has a commission structure of 3%-2%-1% ie. 3% commission on deposits of direct referrals, 2% commission on deposits of the second level of referrals and 1% commission on the deposits of the third level of referrals. Similarly, there is a ‘Representative Commission’ program that has a 8%-2%-1% commission strucure.
Any investment company that requires you to ‘invest and recruit’ is guaranteed to be a pyramid scheme.
Expert Fortune Miners does not have a social media presence. The contact details provided are an email ID, phone number and address. All the contact details seem to be fake due to the following reasons:
- The email ID is of a different domain – bitstability.net – and was found to be not working when tested using VerifyEmailAddress
- The address given is that of the dissolved company Bitstability Limited
- The phone number has no information available and is likely to be fake like the email ID and address
There are no reviews available for Expert Fortune Miners, which is not surpising considering that it is a new website.
It is quite obvious that Expert Fortune Miners is a scam. The website is filled with lies from top to bottom. The content has been copied from other websites. There are at least 75 other investment websites using the same text that may all be scams.
The domain has been registered in October 2020 in California, USA. However, the website claims that it is a UK-based company that has been operating since 2016. The registration information provided is of a random company called ‘Bitstability Limited’ that was dissolved in May 2018. Hilariously, the website also contradicts itself by claiming that the platform has been active for more than 10 years and 11 months.
The returns being promised, such as 100% per week, smell of a scam and the three-tier referral bonus system reinforces the suspicion that Expert Fortune Miners might be a pyramid scheme.
The contact details provided are all fake, as the email ID and address are of the dissolved company Bitstability Limited and the phone number has no information available on TrueCaller.
Expert Fortune Miners has no social media presence and there are no reviews available. It is advisable to avoid investing in Expert Fortune Miners, as it is extremely likely to be a scam.
To read about other Investment Scams, click here.
List of websites using the same content as Expert Fortune Miners
- crystalinvestuk – Telegram
- ONLINE 360 – YouTube
Remember: If something seems too good to be true, it probably is.
If you have been a victim of an investment scam, you can take the following steps:
- File a complaint with the payment portal. However, investment scammers mostly use methods such as Bitcoin, Western Union, MoneyGram and other untraceable methods which make refunds impossible.
- File a formal police complaint with the Cybercrime department.
- Leave a negative review on review portals such as Scamadviser and TrustPilot
- Report the website to Google using the Suspicious Site Reporter extension for Chrome
- Give a low rating to the website on Web of Trust. You can also install their extension for the same.
- If the company has a listing on Google My Business or Google Maps, file a complaint using the Business Redressal Complaint Form. Also, leave a negative review explaining what kind of experience you had.
Disclaimer: The views expressed in this article are presented as an educated opinion based on facts and evidence. There is no malicious intent or attempt to defame any individual/s or organization/s. If you are a website owner and would like to provide clarifications regarding your business and/or website, please get in touch using the Contact Form.