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FluxCart Review: Is This Investment Platform a Scam?
Scam Exposures • Pernix • 10/1/2024
Introduction to FluxCart FluxCart is a relatively new multi-level marketing (MLM) company operating in the cryptocurrency investment space. Despite its recent emergence, FluxCart has already raised significant concerns due to its lack of transparency and questionable business practices. With no clear information about its leadership or ownership, it's crucial to take a closer look at what FluxCart offers, its business model, and whether it represents a legitimate opportunity or a potential Ponzi scheme. ScamMinder AI has given FluxCart a trust rate of 0 , flagging it as a confirmed scam. Our AI detected multiple red flags, categorizing FluxCart with a scam tag, You can also check out our YouTube video for an in-depth review of FluxCart FluxCart Website Domains FluxCart fails to provide any information regarding its ownership or executives on its website. The company is associated with several domains: fluxcart.store – First registered in December 2023, with a private registration updated on January 24th, 2024. fluxcart.top – First registered in December 2023, updated on September 11th, 2024, and already abandoned. fluxcart.vip – Registered in September 2023, with a private registration last updated on November 2nd, 2023 (already abandoned). fluxcart.bond – Privately registered on September 15th, 2024. FluxCart lists a UK company, \"Fluxcart E-Commerce Technology Co., LTD,\" registered in April 2022, as part of its legitimacy claim. However, this entity predates the MLM company by over a year and a half, indicating no connection between the two. Chinese Ties and Origins Evidence within FluxCart's website source code points to Chinese origins for the company. Embedded Chinese characters and links to a FluxCart app suggest the individuals running the operation are likely based in China. Given China's history of tolerating and enabling fraudulent business operations, especially in the cryptocurrency and MLM spaces, FluxCart's apparent Chinese ties should raise serious cau...
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