Immediate Momentum Might Be A Scam: Red Flags Exposed
Are you aware of the Immediate Momentum scam? Are you considering using this trading platform? Before you do, let’s explore what you need to know to make an informed decision.
What Is The Immediate Momentum Scam?
So, there’s this trading platform called Immediate Momentum, and they say it’s designed for traders of all levels. They offer trading in stocks, commodities, indices, and currencies, so it seems like they’re catering to a wide range of investors. Plus, they claim to support various payment methods, including cryptocurrencies like BTC, ETH, BCH, LTC, and XRP.
But here’s the catch – you can’t access all the details about their features until you sign up. And they want you to make a minimum deposit of $250 to get started with any trading. But its all a scam!
How The Scam Works
So, here’s how this scam unfolds – it all starts with them looking pretty legit, especially if you’ve seen them through an Eddie McGuire project interview. But let me tell you, they’re far from legit.
Once you sign up, one of their brokers will give you a call, and they’ll ask about your crypto investment. But here’s the twist – if they sense you’re not convinced, they turn rude, arrogant, and super pushy.
Fast forward a few weeks, and the real trouble begins. They start bombarding you with phone calls, every day from different numbers. And the funny thing is, these calls last only about 30 seconds, but they hit you up with more than six calls a day.
Their numbers often start with something like 085 88825… But here’s the big twist – it’s all a scam. Most of these folks are from places like Russia and Africa, and they’re out to target Americans. They might even fake accents to lure you into investing, and then poof, your money’s gone. Watch out for this one!
Red Flags To Watch Out For
1. Unsolicited Requests for Credit Card Information: If someone calls out of the blue and asks for your credit card information, especially the last 4 digits, it’s a major warning sign. No legitimate company would do this.
2. Invasive Personal Questions: If they start asking all sorts of personal questions, like your card type, bank, and location, be cautious. Your bank should be the one verifying transactions, not random callers.
3. Pushy Behavior: If the person on the other end gets pushy and disrespectful when you question them, it’s a bad sign. Legitimate businesses should be professional and patient.
4. Inconsistent Payment Methods: If they can’t process your payment via one method, then offer a “different” method that still doesn’t work, something’s fishy. They should have a straightforward, secure payment process.
5. Multiple Phone Numbers: If you notice they keep calling you from various phone numbers, it’s a tactic scammers use to make it hard to block them.
6. Inappropriate Remarks: When the operator starts making inappropriate or offensive comments, it’s time to hang up. No reputable business would behave this way.
Tips To Avoid Being Scammed
- Be careful with unexpected emails and video graphics about refunds. If they look weird, have mistakes, or come from strange addresses, watch out.
- Don’t click any links or download stuff from these emails. They could be bad news.
- Check if it’s real by contacting the real folks through their official website or customer service.
- Keep your computer safe with antivirus updates
What To Do If You Have Been Scammed
- Contact your bank or credit card issuer immediately.
- Inform your bank or credit card issuer about the unauthorized transaction and request a chargeback.
- Change your online passwords: If you have shared your password with the scammer, change your password immediately.
- Also be sure to use a strong and unique password for each account.
- Report the scam: You can report the scam to the Federal Trade Commission (FTC) or your local law enforcement agency.
- Check your credit report: Monitor your credit report for any suspicious activity.
- Stay vigilant: Be alert for any other phishing scams or suspicious emails, and do not share any sensitive information.
Conclusion
In summary, Immediate Momentum is a scam trading platform with limited information on its website just like the facebook email scam . Some people have reported pushy and rude brokers, along with excessive phone calls. It’s best to stay clear of this website.