Menerohprotrades is a fake crypto mining and trading platform that claims to offer access to Bitcoin investments but is actually a fraudulent operation.
The person who contacted PawProfitForum Team about this site had started investing after seeing a post on Facebook which later turned out to be fake.
After investing an initial sum of cash, they were then told that more money was needed to create a ‘pin number’ which they duly paid.
However, they became suspicious when the scammers demanded a further sum to upgrade their account which they fortunately didn’t pay.
The scammers are also operating an active Instagram page with members likely consisting of members of the scam who are helping convince people that the investment is real.
How to tell Menerohprotrades is a scam
The menerohprotrades website is reasonably well designed and looks quite convincing on the surface.
But dig a little deeper and you’ll discover why it can’t be trusted. Some of the giveaways include:
- A very new domain name yet is claims to have tens of thousands of clients.
- The profits offered are unfeasibly high – with a 100% weekly return claimed.
- There are many grammatical errors throughout the content – a telltale sign that a platform is a scam.
- Some of the links don’t work or lead to defunct websites or mainstream, unrelated websites.
- There is no regulatory or licensing information on the platform which is highly suspicious.
- There are no details about the development team or any mention of a whitepaper.
- No official app store apps appear to be offered – something a legitimate platform would always do.
It’s very difficult to get your money back from crypto scammers but you should always report frauds to the authorities.
There are also private companies that might be able to help which I’ve written about here.
Have you had any experience with this platform? Kindly share your thoughts in the comment section to help others stay informed and safe.