Unregulated and Deceptive
CoinB operates via the website https://pehjosf.com and states it is regulated by several regulators that regulate financial advice or investment activity. But the evidence reviewed suggests that there is no license or regulation, making CoinB extremely suspicious. Misleading regulatory claims are one of the classic red flags that fraud is lurking behind, and CoinB and its counterparts fit this narrative perfectly.
Scam Tactics: How CoinB Works
CoinB leverages a tactic called social engineering and impersonation to gain credibility and trust with potential victims. Using social media and messaging tools, scammers create fake profiles and pose as professionals. Once a trusting relationship has been built with the victim, they will introduce CoinB and say it’s another “safe” investment.
CoinB then presents users with highly unrealistic returns, and it is usually described as a “limited opportunity”. The victim is then asked for a deposit or processing, and finds out shortly after that the money is gone, and our support staff have also disappeared.
Red Flags to Watch Out For
- No clear regulation
- False licensing claims
- Consistently bad reviews
- Hosted on a shared server with a bunch of other suspicious sites
FAQs
Question 1: Is CoinB a regulated cryptocurrency platform?
CoinB is not a regulated cryptocurrency platform or regulated by any regulatory authority that you would recognize – although they would like you to think otherwise!
Question 2: Can I get my money back from CoinB?
Getting your money back is never easy, and CoinB makes no promises with this, but a professional scam recovery service may be able to.
Question 3: Are the high returns being promised by CoinB realistic?
No, the high returns being promised by CoinB are completely unfounded; high returns are a common tactic used by scam platforms.
About Report Scam – Recover What’s Rightfully Yours
If you’ve been misled by CoinB or any similar fraudulent scheme, Report Scam is your trusted ally in financial recovery. We specialize in recovering funds lost to forex, crypto, and investment scams. Our dedicated team of investigators and legal experts provides customized recovery solutions, helping victims take back control of their finances with confidence and support.
Don’t let fraudsters walk away with your hard-earned money. Take action today- start your recovery journey with Report Scam. Contact us today.
We stand by every victim of financial deception. Let justice start with you. Learn more about how our chargeback support and legal tools can turn losses into recovery.
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