Warning: Is Limitless-Wealth.biz a Scam?

Is Limitless-Wealth.biz (limitless-wealth.biz) a Scam?

Limitless-Wealth.biz (limitless-wealth.biz) has been flagged as a suspected fraud platform.

Limitless-Wealth.biz presents itself as a investment firm, but it is illegal by any major financial regulator, like the ASIC or CySEC.

Have You Lost Funds to Limitless-Wealth.biz?

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Regulatory Check: Limitless-Wealth.biz

Limitless-Wealth.biz runs without supervision.

Trading with unregulated firms is very risky. Legitimate firms are must be registered with bodies like the SEC, ASIC, or FCA to ensure consumer safety.

Limitless-Wealth.biz operates without this protection. This means there is no safety net if they steal your funds. Many investment fraud involve unlicensed entities, and recovering funds from them is challenging without expert assistance.

For instance, in the UK, unauthorized firms are not covered by the Financial Ombudsman. In the US, they are not part of SIPC, so your capital is completely exposed.

Common Scam Tactics

Online trading fraud is evolving. Criminals use psychological tricks to steal your savings. Below are common tactics used by brokers like Limitless-Wealth.biz (limitless-wealth.biz).

Pig Butchering & Romance Scams

The "Romance Scam" is a brutal tactic where scammers groom victims over months. They fake a romance online. Eventually, they mention a "lucrative" crypto opportunity. It's a trap to lure you onto a scam site like Limitless-Wealth.biz.

The "Bonus" Trap

Fraudsters build websites that look exactly like legit trading apps. They have charts and balances that go up. But it is a simulation. The scammer manipulates the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Cold Calling: You get calls from "brokers" you don't know.
• Unregulated: The company lacks authorization.
• High Returns: They promise 1% daily returns or risk-free trades.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to deposit more.

Do not trust fake reviews. Scammers often write their own positive reviews to appear real.

Verdict

Our verdict is to block Limitless-Wealth.biz. It appears to be a scam. Protect your money and find a regulated broker. Avoid limitless-wealth.biz at all costs.