Is Beurax A Scam?

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Is Beurax A Scam?


An increasing number of people are asking: is Beurax a scam? Yes, Cybertrace can confirm that Beurax is definitely a fake investment company scamming people out of their hard-earned money. The scammers are using a variety of websites, Please do not entrust your funds with this fake company promising unrealistic returns! If you think you have already lost money to Beurax, contact Cybertrace’s experienced investigators to discuss how we can help.To get more news about vault markets, you can visit wikifx.com official website.

As we have discussed in previous blogs, it can be difficult to tell if a website is real or fake. Scammers put significant effort into making their websites look slick and professional. They also use aggressive and convincing sales tactics over the phone. Finally, by asking for payment in cryptocurrency, they make it harder to trace and recover any lost funds. So, what can you look out for to help you spot, and avoid, a scam like Beurax?

The first hurdle is actually getting onto the Beurax website! The original URL, no longer appears to operate. However, the scammers have set up another URL: beurax.work. This often happens with online fraud: once victims or authorities cotton on, scammers will set up alternative URLs.

So, what about this new URL? If you have installed standard internet security software, it will likely block access to this new Beurax site. It will also explicitly flag the site as a dangerous scam. This is a pretty good indication that the site is not trustworthy!Another tell-tale sign of a fake website is a lack of information about the actual company. For one, the website does not state where the company is registered or who regulates it. It provides an Australian address but a US phone number, which looks to be registered in Arizona. A search of ASIC’s (Australian Securities and Investments Commission) companies register shows that Beurax Corporation Pty Ltd was registered in 2020. However, even if a company is registered with ASIC, it can still be a scam! In fact, ASIC has published a Suspicious Website in its News Centre. In it, ASIC details its concerns about unrealistically high and ‘guaranteed’ returns and difficult-to-trace cryptocurrency payments.

In conclusion, it is clear to our experienced analysts that Beurax is a scam operating a fake website. If you ask to withdraw your funds, the scammers will likely come up with excuses or be unresponsive. Do not send them any further money! Many scammers will ask you to transfer further funds to “unlock” your investment but that is simply another way of scamming you. Don’t fall for it! Instead, contact Cybertrace’s experienced investigators to see how we can help you.

If you are a current or former staff member of the syndicate and would like to speak with us,We have successfully worked with conscientious insiders when investigating previous scams, thus bringing justice and relief to long-suffering victims. Your help can make a real difference!