TheHorizonGold.com is a newly registered cryptocurrency scam website created to deceive investors and steal their funds. It masquerades as a legitimate platform for cryptocurrency trading and investment, but its true intent is to mislead investors, using various deceptive tactics to appear trustworthy.
Fake Licensing and Regulatory Claims
TheHorizonGold.com falsely claims to be licensed and regulated by recognized financial authorities. It uses this fake licensing as a tactic to gain the trust of potential investors, suggesting that the platform operates under the supervision of official regulators. However, these licensing claims are entirely fabricated and cannot be verified through any legitimate regulatory body. This is a common strategy employed by scam websites to create a false sense of security among investors.
Non-Existent Location
The website lists a fake physical address, pretending to have a headquarters in a legitimate location. This address is not associated with any actual business operations, and there is no real office connected to the location. This fabricated information is designed to make the platform seem more credible, but it further highlights its deceptive nature.
Manipulating Investors with Unrealistic Promises
TheHorizonGold.com attracts investors by making false claims of guaranteed high returns with minimal risk. These promises are aimed at luring users into depositing their funds with the platform. However, once the funds are deposited, users quickly find that they cannot withdraw their money, with requests being ignored or denied. The platform offers no real trading or investment services; it exists solely to steal investors’ deposits.
Buying Fake Positive Reviews
To enhance its credibility and deceive potential investors, TheHorizonGold.com engages in purchasing fake positive reviews. These fake testimonials are designed to make the platform appear trustworthy and successful, further misleading investors into believing they are dealing with a legitimate company. This manipulation of online reviews is another tactic to gain the trust of new users.
Lack of Transparency and Customer Support
The website provides no transparency regarding its ownership, team, or operations. Additionally, there is no real customer support available, leaving investors without any recourse once their funds are stolen.
Warning to Investors
Investors should avoid TheHorizonGold.com as it is a scam designed to steal funds. The platform uses fake licensing, non-existent locations, and purchased reviews to deceive users. Potential investors are strongly advised to stay away from this fraudulent site.