A scam that has relatively gone unnoticed

Hello everyone,

After losing a few dollars due to scammers selling fake websites and businesses as legitimate revenue generating Ecommerce websites on online business brokerages, I came across this scam on websites like flippa and exchange marketplace where sellers claim to be selling legit profit making businesses at over valued prices. All of these seem like really good investment opportunities when in reality, the numbers don’t match up. The revenue claimed ends up being false with sellers completely going AWOL after the purchase is complete. I’ve also come across duplicated websites being sold to people on different brokerages.

Just wanted to know if anyone has been aware of this and if anyone would like to share any insight they might have into this as this does seem like a multi billion dollar scam industry at this point just by looking at the online stores sold on brokerages.

The content was posted by sparklystream68 on 2021-06-06 13:20:43 via reddit

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