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PlexusTraders Review: Legit or Scam Investment Platform?

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    Introduction:
    This post provides an in-depth review of Plexus Traders, an online investment platform found at plexustraders.com. The platform offers investment opportunities in Forex and cryptocurrencies.

    Domain Information:
    – Registered: April 30, 2022, for one year through PDR Ltd.
    – Registrant: Franklyn Onoaghakpote, Erhunmwunse St, Benin City, Edo, Nigeria.
    – Contact: +234.8101894682, franklynonoaghakpote @ gmail.com.
    – Hosted by: Hostinger International Limited.
    – Traffic and Authority: Low traffic, authority score of 0, few backlinks, none from reputable sites.

    Legitimacy Concerns:
    – Address Issues: Listed at 3 Middlesex St, London – a location shared with suspected scam entities.
    – Contact Details: Inadequate, with non-functional social media links and missing phone number.
    – Regulatory Warnings: Wikifx.com rates Plexustraders as “Danger” with a score of 1.03/10, citing lack of regulation.
    – Misused UK Registration: Number 09914444 belongs to TRADE FAST INTERNATIONAL LTD, not Plexus Traders.

    Investment Plans Overview:
    – Offers unrealistically high returns ranging from 4% to 15% in short periods (10 to 72 hours).
    – High minimum investments ($1,000 to $15,000), indicative of targeting wealthy individuals for quick profits.

    User Reviews:
    – ScamPulse: Reports of being scammed, with loss of funds and misleading promises.
    – ScamAdviser: Complaints about withdrawal issues and demands for additional payments.

    Associated Scams:
    – Franklyn Onoaghakpote linked to multiple scam websites like globallegaltrade.com and cryptomaxtrading.com.

    Conclusion:
    Plexus Traders exhibits multiple red flags, including lack of transparency, unrealistic investment promises, and a history of associated scams. Caution is advised, and it’s recommended to avoid investment with this platform.

    Advice:
    Always conduct thorough research and be cautious of platforms offering unusually high returns in short periods. Seek advice from financial experts before investing in online platforms.

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