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Online Investment Scam

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Online Investment Scam Reports & Reviews (4)

- Upper Marlboro, MD, USA • May 14, 2025
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LSSC presents itself as a Hong Kong-based electric scooter company with a profit-sharing model, claiming users can earn daily passive income by “renting” scooters via their app. However, the entire operation appears to be a scam with no evidence of actual scooter rentals or a real business infrastructure.

Users are encouraged to invest thousands of dollars (in my dad’s case, $5,000) and promised daily returns. These returns are only accessible if they continue investing or recruiting others — a hallmark of a Ponzi scheme. The app is not available on official app stores, the company has no verifiable contact information, and its website and domain keep changing (recently from [lssc.vip] to [lsscc.cc]). There are no physical scooters, no customer service, and no legitimate financial transparency.

When concerns are raised, participants are gaslighted and told to “trust the process.” The app interface is poorly built, uses stock images, and mimics the structure of previously exposed crypto-based scams.

This is not a real business. It is an elaborate recruitment-based investment scam designed to look like a passive income opportunity. I’m reporting this to help prevent others from falling victim — especially older individuals or those unfamiliar with digital investment scams.

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• May 10, 2025
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I thought I was trading stocks through a reputable company but when it came time to take my money out there was one fee after another; brokerage fee ,Capital gains tax ,gas fee because it was in an Ethereum wallet,etc.

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- Washington, DC, USA • Apr 08, 2025
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Offering to trade for a high return of investment within 24 hours. Do not gall for this scheme. They will never fulfill their promises. They are scammers. They will ask to pay withdraw fees to trick you into putting more money.

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- Colorado Springs, CO, USA • Feb 18, 2025
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SGM is scammer website. Realize its not real investment. I tried ask sylvia as manager of SGM if i could able to withdraw but it said first have to verify so i paid $100 to get in but again SGM sais have to pay tax 15%.thats ridicilous keep adding money and i get nothing.

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