norfab.org Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The website content and features raise several red flags: 1. Unrealistic Promises: The promise of high daily returns (1.5% to 4%) with no risk exposure is highly unrealistic in any legitimate investment. The volatility of the crypto market makes such consistent, risk-free returns implausible. 2. Use of Flash Loans: The website emphasizes the use of high-frequency flash loans for profits. While flash loans are a legitimate financial tool, they are complex and not a guaranteed source of profit, especially at the scale and consistency suggested. 3. Referral Program: The multi-tiered referral program, with high rewards for growing a team, is a common feature in Ponzi or pyramid schemes. It relies on continuous recruitment and does not align with genuine investment models. 4. Lack of Detailed Information: The website provides limited information about the company's operations, team, or the specific strategies used to generate profits. Legitimate investment platforms typically offer more transparency. 5. High Minimum Investment: The minimum investment amounts, especially for the premium tier, are quite high. This can be a tactic to attract larger sums of money from investors, which is concerning. 6. Company Registration: While the website claims to be a registered company in New Zealand, this alone does not guarantee legitimacy. Scammers can easily create fake registrations or operate under the guise of a legitimate company. 7. Overemphasis on Profit: Legitimate investment platforms usually provide a balanced view of risks and potential returns. The heavy emphasis on high, guaranteed profits is a common tactic used by fraudulent schemes. 8. Lack of Risk Disclosure: There is no clear disclosure of the risks involved in the investment, which is a standard practice in legitimate financial services. 9. Limited Contact Information: The absence of a physical address and the "phone support coming soon" message can be a red flag. Legitimate financial companies typically provide comprehensive contact details. 10. Unrealistic Career Growth: The career growth section, with extremely high turnover targets and rewards, is unusual for a financial platform and resembles a multi-level marketing (MLM) structure. 11. No Independent Verification: There are no references to independent audits, regulatory compliance, or external verification of the platform's operations, which is common in legitimate financial services. 12. High-Level Domain: The use of a .org domain, typically associated with non-profit organizations, is unusual for a financial investment platform. Given these red flags, it is advisable to exercise extreme caution and conduct thorough research before considering any investment with this platform. It is highly recommended to seek advice from a qualified financial advisor and to verify the legitimacy of the company through independent sources."

• Unrealistic Promises, Use of Flash Loans, Referral Program, Lack of Detailed Information, High Minimum Investment, Company Registration, Overemphasis on Profit, Lack of Risk Disclosure, Limited Contact Information, Unrealistic Career Growth, No Independent Verification, High-Level Domain