To guarantee the legality and security of the investment, careful due diligence is necessary when making an online platform investment. In order to evaluate bullionx-inv.com’s legitimacy and possible risks for investors, we will look at it from a number of important angles.
Assessing an investing platform’s validity requires knowing who owns it and its history. Regretfully, bullionx-inv.com lacks precise information regarding its principal promoters and owners. The website states that it is engaged in the extraction of gold and lists “BullionX GOLD LTD” as a legally recognized company in London that has the authority to open the first BullionX gold store in the city. However, no documentation or verified material is offered to support these assertions. Concerns regarding transparency are also raised by the usage of services to conceal the website owner’s name on WHOIS records.
Understanding a website’s popularity and reach can be gained by analyzing its traffic. Scamadviser reports that bullionx-inv.com has a poor Tranco ranking, which suggests minimal visitor interaction. Since it was only launched on July 20, 2024, the website is relatively new, which would explain why it receives such little visitors. A possible warning sign is the large proportion of spammers and fraudulent websites hosted by the domain’s registrar.
When assessing a platform’s reputation, user ratings and comments are crucial. Bullionx-inv.com receives a very low trust score from Scamadviser, suggesting that there is a high probability that the website is a fraud. The use of services to conceal the identity of the website owner, a poor Tranco rank, and phishing reports are examples of negative highlights. Additionally, Scamdoc warns that the website is only for experienced users and gives it a very low trust score of 8%. These evaluations point to a poor public opinion of the platform.
Protecting user data requires a secure website. With a current SSL certificate, bullionx-inv.com can guarantee that all data sent between the user’s browser and the website is encrypted. Nevertheless, an SSL certificate by itself does not ensure the platform’s overall security or authenticity. In the past 30 days, DNSFilter has flagged the website as a danger and iQ Abuse Scan has reported it for phishing, indicating possible security hazards.
Content that is genuine and open is a sign of a reliable platform. Bullionx-inv.com offers little information about its activities and is devoid of crucial company information including physical addresses, information about regulatory compliance, and detailed terms of service. Lack of transparency is exacerbated by the use of services to conceal the identity of the website owner and the absence of comprehensive company information.
Over 100–300 day periods, the platform provides a range of investment programs with daily returns between 2% and 3.5%. The website does not, however, offer precise information regarding approved payment methods. Financial transparency and the possible use of high-risk or untraceable financial channels are raised by the lack of information about payment channels and the absence of explicit return policies.
Legitimate investing platforms are distinguished by their dependable client service. Although bullionx-inv.com has a “Contacts” section, it is not easy to find precise information on customer service channels, including phone numbers, email addresses, or live chat options. It is difficult to evaluate the platform’s responsiveness and dependability in addressing questions or complaints due to the absence of easily accessible customer service information.
Trust and user experience are impacted by technical performance. Although the website has a valid SSL certificate, which indicates a safe connection, the information provided does not go into detail about other areas of its technical performance, such as loading speed, uptime, and the existence of bugs or broken connections. Although Cloudflare DNS services can enhance security and performance, counterfeit websites frequently utilize them to conceal the locations of their servers.
Over long durations, the platform guarantees substantial daily profits, between 2% and 3.5%. For instance, a 100-day investment plan with 3% daily yields would yield a 300% total return. These high returns are much higher than industry averages and are frequently a symptom of Ponzi schemes, in which the money from newer investors is used to pay returns to older investors. Platforms that promise large profits should be avoided by investors since they are frequently unsustainable and suggest fraudulent operations.
A number of warning signs point to possible fraud:
To evaluate possible dangers, it is essential to look into the backgrounds of those connected to investment platforms. In this regard, we look at the profiles of Mr. Alexander Zarubin and Mr. Alex Slutskiy, who are both associated with BullionX PTY LTD.
There is little information available on Alex Slutskiy’s involvement in fraudulent activities. A “powerful team of Alex Slutskiy” is mentioned in a Facebook post from about nine months ago in a way that raises the possibility of scamming. But the information is limited, and the source’s reliability is questionable.
BullionX PTY LTD is credited to its founder, Alexander Zarubin. Concerns about his affiliation with the company are brought to light by a recent conversation on the XRP Scam-Free Network. The background raises possible questions about the validity of the activities he oversaw.
The Vietnamese person Simon Le, whose true name is Lê Simon Quốc-Hưng, is well-known for being involved in fraudulent cryptocurrency scams, particularly OneCoin and OneLink, its successor.
Launched in 2014, OneCoin was a well-known Ponzi scheme that pretended to be a cryptocurrency investing platform. Among its highest earnings was Simon Le, who used his position to entice more investors to join the scam. Le persisted in promoting OneCoin until its demise in spite of international inquiries and legal measures against its executives.
Simon Le created OneLink, a platform that closely resembled the dishonest tactics of OneCoin, in an attempt to profit off his former network after it collapsed. OneLink, which was introduced around 2020 or thereabouts, was promoted as a brand-new investment opportunity but really functioned on the same dishonest tenets, offering large returns with minimal transparency. Le promoted OneLink on social media, especially YouTube, frequently working with well-known figures to increase credibility and draw in unwary investors.
According to reports, Simon Le is presently living in Vietnam or Dubai, two countries that do not have extradition agreements with the US, making it more difficult to hold him responsible for his fraudulent actions. The difficulties authorities encounter when trying to prosecute international financial crimes are highlighted by his ongoing avoidance.
Although there aren’t many specifics, what is known links Alexander Zarubin and Alex Slutskiy to BullionX PTY LTD and raises possible questions about their actions. Before interacting with platforms or people associated with these names, investors are encouraged to use caution and perform extensive due diligence.
Simon Le’s journey from a key player in the OneCoin scam to the creator of OneLink demonstrates a trend of fraudsters taking advantage of new markets and technological advancements. His acts have caused investors all throughout the world to suffer large financial losses, and they serve as a warning on the significance of doing due diligence before making an investment.
Given Bullionx Very low trust score, there is a good chance that the website is a hoax. Use caution when accessing this website!
Our algorithm examined a wide range of variables when it automatically evaluated Bullionx, including ownership information, location, popularity, and other elements linked to reviews, phony goods, threats, and phishing. All of the information gathered is used to generate a trust score.
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