Investigating Bemanex: Legit or Scam? The Truth Revealed

Recently, Bemanex.com service popped up, promoting itself as a place where you can safely store cryptocurrency and other assets. I managed to gather reliable proof that unmistakably indicates it is, actually, a fraudulent platform.

Despite what Bemanex site states, they won’t refund your funds. Regardless of the money displayed in the “member area”, there is zero way to retrieve even a penny. All promises regarding crypto bonuses are hollow as well.

Bemanex Scam Overview

The primary feature that Bemanex strives to provide is a protected and convenient crypto wallet service. The website pledges crypto exchange solutions, tools for managing wallets, transfers, dashboards, and similar stuff. In reality, they aim to emulate the functionality of a crypto exchange, akin to Binance or Coinbase. However, it actually solely serves as a cover needed to deceive the cautious.

Bemanex Scam

To begin with, Bemanex mimics the design of numerous equivalent online platforms. There are quite a few examples, like Akrabit, Aflowex or Bitroes. They are completely undistinguishable in terms of visual elements, with small discrepancies in the site header. Other particulars, and sometimes even crypto wallet addresses, are matching. Probably, all these deceptive online platforms are led by the same team of frauds.

Cryptocurrency Scam Summary

How the Bemanex Scam Works?

Bemanex is yet another webpage within a extensive network of linked crypto fraudulent sites. The operators utilize various brand names and sites, like Bemanex.com, to ensnare victims. However, these deceptive websites have in common identical designs, terms of service, and About information. This unveils their beginnings as parts of the same scam network, which endorses the same form of scam under diverse disguises. The fraudsters merely copy the equal scam website under different names to fool users into believing they are enrolling a new platform. However, in reality, it’s the equal system of scammers orchestrating the deceptive pledges and undertakings to take deposited funds. The administrators cleverly utilize psychological strategies and enticing propositions to carry out their dishonest plans.

Step 1: Spreading

To start the fraud, criminals set up and fill accounts on well-liked social media platforms. They mainly target Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign commences. Employing bots and paid promotions (when achievable), fraud actors increase the exposure of their deceptive activities to potential victims. This strategy enables them to cast a broad net and connect with their targeted audience. The latter commonly consists of cryptocurrency fans looking for chances to earn profits.

Step 2: Gaining Traffic

People who demonstrate interest go to Bemanex.com via links featured in advertisements or bot-generated posts. The website utilizes captivating visuals, design aspects that appear genuine, and assertions of holding a valid license, all aimed to convey an initial perception of credibility.

Step 3: Data Gathering

To redeem their benefits, users are required to proactively create an account on Bemanex and get guidance to submit sensitive and private information during the enrollment process. This comprises linking their cryptocurrency wallets, providing email addresses, supplying phone numbers, furnishing identification documents, and the like.

Step 4: Requesting funds

Once enrolled, users notice considerable amounts of cryptocurrency, valued at thousands of dollars, within their Bemanex wallets. However, as it usually happens with such incentives, you cannot withdraw them before topping up your account. Typically, a deposit of $100 is required to access the sign-up bonus. This stipulation serves as the enticement that eventually leads to the money loss.

Step 5: Disappear

Signs of Scam

I gathered several facts that point at the scammy nature of the Bemanex.com. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.

• Absent company details. Bemanex does not provide any documentation about its ownership, location or registration. No legitimate contact details are given either. Moreover, it appears that the domain and all social network pages were registered quite recently.
• Fake sponsorship from a celebrity. Scams like Bemanex like to pick a celebrity as a sponsor of this entire campaign. For obvious reasons, fraudsters generally choose Elon Musk, Jeff Bezos, Mr. Beast, Mark Zuckerberg, and similar celebrities. They do not disdain claiming partnership with a company as well. Even though Coinbase, Binance or MetaMask never heard of Bemanex, they do not care – this creates a halo of credibility.
• Potential Ponzi Scheme. The scam relies on a Ponzi-like referral system to spread reach through social media. In fact, only the first members will receive the payoff, at the cost of the money brought by other members.
• Hype without facts. Frauds can cheer up their victims from time to time, using claims about non-existent events. “We got contracts with Coinbase”, “Elon Musk mentioned us as the most prolific crypto project” – you could likely hear something like that. This is made to make people believe in their money return. This can be the sauce to make people top-up their accounts once again.
• Crypto-only incoming payments. Whether the user tries to top-up the account, hackers will only accept payments in crypto – no bank transfers or other payment methods. Such an approach completely hides the identity of the company and deprives you of the ability to ask for a refund.
• Claims are too good to be true. Let’s be sane and sober: even in crypto space, there are not many places where you can earn 50-100-200%. Being able to participate in all of them is nearly impossible, as well as it is impossible to insure or hedge all the risks. Even by that reason alone I can tell that the Bemanex is a definite scam.

What Should I do as a Victim?

If you had to deal with Bemanex site and fell victim to that scam, there are still some steps to take. They will make further scam attempts harder, and also boost the knowledge about that scam among folks.

• Report the scam to authorities. Search for local authorities responsible for financial frauds, and also notify wallet providers and social networks via their tech support. It is essential to make the further operations of these scammers much harder.
• Tell your close friends. That step is similar to reporting to the authorities, and has similar effects. By posting info about scam crypto service, you decrease the pool of people they can fool.
• Get evidence. Screenshot or save all the information related to the website. URL, screenshot of a main page, login window, EULA, account top-up menu, wallet addresses – all these things may be useful for authorities to find the scammers.
• Check whether you can ask for a refund. As I’ve said above, crypto payments do not fall under refund policies in most banks. Nonetheless, in some circumstances, it is still possible. Never lose hope until you actually confirm it is gone.
• Make your mistake your lesson. Financial losses are always a reason for frustration, but let’s imagine it was a pay for scam revealing courses. Remember the key features of these crypto scam sites, the way they attract people and what they promise. In the future, you will easily recognize a trap of spending no money.

Scan your system for possible malware infections

Beware of cross scams! Scam actors can use your trust to make you download some stuff or interact with certain documents. It may be a trap that installs malware to your system. There are no moral barriers or limits for these scoundrels.

Throughout the duration of the scam, its masters may get in touch with you with particular files. Alternatively, they may offer you to set up “cryptocurrency wallet applications” or “browser extensions” to streamline access to your crypto savings. As we previously determined, these rascals have no intent of giving back your money. So, what do these email messages and browser plugins represent? Correct – this is another element of the fraudulent scheme designed to entice you into willingly running malicious software onto your computer.

Both add-ons and files attached to email messages can act as a shell for different malicious software. In this scenario, I expect the presence of spyware and stealers among all kinds of threats. While it is not obligatory for scammers to distribute malware, the likelihood is always above zero. As stated, their morality is of little concern, and their dignity is already deeply compromised. They have no scruples to give up and strive to maximize profits.

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