We Looked Into Flumonex: Scam or Trustworthy? The Verdict

Recently, Flumonex.com service surfaced, promoting itself as a place to store cryptocurrency and other assets safely. I managed to gather credible supporting information that clearly indicates it is, in fact, a deceptive service.

Despite what Flumonex site says, they won’t refund your funds. Regardless of the money displayed in the “member area”, there is no means to take out even a single penny. All promises regarding crypto bonuses are hollow as well.

It is better to prevent, than repair and repent!

When we talk about the intrusion of unfamiliar programs into your computer’s work, the proverb “Forewarned is forearmed” describes the situation as accurately as possible. Gridinsoft Anti-Malware is exactly the tool that is always useful to have in your armory: fast, efficient, up-to-date. It is appropriate to use it as an emergency help at the slightest suspicion of infection.

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Flumonex Scam Overview

The primary offering that Flumonex strives to provide is a protected and user-friendly cryptocurrency wallet service. The website promises crypto exchange solutions, tools for controlling wallets, transfers, dashboards, and the like. In reality, they aim to emulate the functionality of a crypto marketplace, like Binance or Coinbase. However, it in actuality solely serves as a shell needed to lull the vigilance.

Flumonex Scam

To begin with, Flumonex reproduces the appearance of many equivalent online platforms. There are quite a few examples, like Floamix, Elonxcoinz or Foxechange. They are totally indistinguishable in terms of visual elements, with minor discrepancies in the site header. Other particulars, and at times even crypto wallet addresses, are unchanged. Probably, all these fraudulent websites are operated by the same group of frauds.

Cryptocurrency Scam Summary

How the Flumonex Scam Works?

Flumonex is yet another webpage within a wide-ranging network of associated crypto scam platforms. The managers employ diverse brand titles and websites, like Flumonex.com, to trap victims. However, these deceptive sites share matching designs, terms of service, and About Us information. This exposes their origins as a part of the identical fraudulent network, which promotes the identical type of scam under different disguises. The deceivers just duplicate the identical scam website under diverse names to fool users into thinking they are joining a fresh platform. However, in reality, it’s the equal group of fraudsters orchestrating the fraudulent pledges and attempts to seize deposited cryptocurrency. The administrators cleverly utilize psychological strategies and enticing invitations to execute their deceitful schemes.

Step 1: Spreading

To begin the deceptive scheme, criminals establish and fill accounts on well-liked social media platforms. They mainly aim at Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign begins. Using bots and paid advertisements (when feasible), scam actors intensify the presence of their deceptive activities to potential victims. This tactic permits them to cast a broad net and interact with their aimed spectators. The latter usually consists of cryptocurrency fans searching for prospects to generate profits.

Users get an incentive to register, attracted by the promise of obtaining crypto prizes valued at thousands of dollars, all without cost. To enhance the appeal of the offer, fake claims of cooperation with a celebrity are added. As you may guess, these assertions are entirely baseless.

Step 2: Gaining Traffic

Users who show interest check out Flumonex.com via links included in ads or robotic posts. The website uses captivating visuals, design aspects that appear genuine, and assertions of having a legitimate license, all designed to project an initial impression of reliability.

Step 3: Data Gathering

To claim their prizes, users need to deliberately create an profile on Flumonex and receive guidance to provide sensitive and personal data during the enrollment process. This includes linking their cryptocurrency wallets, sharing email addresses, giving phone numbers, submitting identification documents, and the like.

Step 4: Requesting funds

Once signed up, users witness substantial amounts of cryptocurrency, valued at thousands of dollars, within their Flumonex wallets. However, as it usually happens with such bonuses, you can’t withdraw them ahead of making a deposit. Typically, a deposit of $100 is asked to access the sign-up bonus. This stipulation serves as the snare that ultimately culminates to the money loss.

Step 5: Disappear

The moment the deposit is made, the deceivers halt all communication. They go ahead to bar users, remove accounts, and abscond with both the submitted money and vital private data. The fictitious prizes remain perpetually uncredited, as they lack actual existence. They operate exclusively as a phishing ploy. This approach forms the foundation for the scammers’ capability to mislead victims and misappropriate hard-earned money through their double-dealing internet-based crypto fraud.

Signs of Scam

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

• Unsubstantiated Credibility. Flumonex employs fraudulent celebrity endorsements, often featuring names like Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. These false claims extend to fictitious partnerships with reputable entities like Coinbase, Binance, or MetaMask, despite the absence of genuine connections.
• Implausible Earnings Claims. Promising remarkable returns of 50-100-200%, Flumonex exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Flumonex as a scam.
• Dubious Corporate Information. Flumonex arouses suspicion by providing inadequate documentation about ownership, location, and registration. Furthermore, the lack of legitimate contact information and the recent registration of domain and social media profiles deepen skepticism.
• Exclusive Cryptocurrency Payments. Flumonex.com solely accepts payments in cryptocurrencies, refraining from traditional bank transfers and other payment methods. This approach not only shrouds the company’s identity but also prevents the possibility of requesting refunds.
• Potential Pyramid Scheme. The scam relies on a Ponzi-like referral structure disseminated through social media. Nevertheless, only initial participants profit, often at the expense of funds brought in by subsequent members.
• Groundless Hype Tactics. Flumonex utilizes fabricated claims about non-existent events, such as securing contracts with Coinbase or receiving endorsements from Elon Musk. This manipulative strategy aims to foster belief in money returns and encourages individuals to top up their accounts again.

What Should I do as a Victim?

If you had to deal with Flumonex 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.

• Secure Your Actions. Begin by promptly reporting the scam to appropriate local authorities tasked with handling financial fraud. Notify wallet providers and engage with social networks’ technical support teams. By taking these measures, you contribute to making the scammers’ operations significantly more difficult.
• Expand Awareness. Extend your efforts by sharing the scam information with your close friends. This action has a parallel effect to reporting to the authorities, as disseminating details about fraudulent crypto services reduces the potential victims they can deceive.
• Gather Evidence. Preserve comprehensive evidence by capturing screenshots and saving all pertinent data linked to the deceptive website. Collect the URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These materials could prove invaluable for authorities in their pursuit of the scammers.
• Explore Refund Possibilities. While cryptocurrency payments generally fall outside the scope of refund policies within most banks, it’s worth investigating the potential for a refund in specific circumstances. Maintain optimism until you definitively confirm the loss.
• Convert Mistake into Wisdom. Transform your financial setback into a valuable learning experience. Treat your loss as an investment in understanding the tactics of crypto scam sites. Familiarize yourself with their key characteristics, how they lure individuals, and the grandiose promises they make. Armed with this knowledge, you’ll be well-equipped to recognize and avoid falling into future traps without incurring further losses.

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 timeline of the scam, its masters may contact you with particular documents. Alternatively, they may propose you to set up “cryptocurrency wallet applications” or “browser extensions” to streamline access to your crypto funds. As we already figured out, these scoundrels have no plan of returning your capital. So, what do these emails and browser plugins represent? Correct – this is another component of the fraudulent scheme designed to throw you into deliberately running destructive applications onto your computer.

Both add-ons and files added to emails can function as a shell for different malicious code. In this situation, I foresee the presence of spyware and stealers among all kinds of malware. While it is not obligatory for scammers to distribute malware, the chance is always significant. As noted, their morality is of little concern, and their reputation is already deeply compromised. They have no principles to give up and intend to maximize revenues.

Remove spyware with Gridinsoft Anti-Malware

We have also been using this software on our systems ever since, and it has always been successful in detecting viruses. It has blocked the most common malicious programs as shown from our tests with the software, and we assure you that it can remove spyware as well as other malware hiding on your computer.

To use Gridinsoft for remove malicious threats, follow the steps below:

1. Begin by downloading Gridinsoft Anti-Malware, accessible via the blue button below or directly from the official website gridinsoft.com.

2.Once the Gridinsoft setup file (setup-gridinsoft-fix.exe) is downloaded, execute it by clicking on the file.

3.Follow the installation setup wizard's instructions diligently.

4. Access the "Scan Tab" on the application's start screen and launch a comprehensive "Full Scan" to examine your entire computer. This inclusive scan encompasses the memory, startup items, the registry, services, drivers, and all files, ensuring that it detects malware hidden in all possible locations.

Be patient, as the scan duration depends on the number of files and your computer's hardware capabilities. Use this time to relax or attend to other tasks.

5. Upon completion, Anti-Malware will present a detailed report containing all the detected malicious items and threats on your PC.

6. Select all the identified items from the report and confidently click the "Clean Now" button. This action will safely remove the malicious files from your computer, transferring them to the secure quarantine zone of the anti-malware program to prevent any further harmful actions.

8. If prompted, restart your computer to finalize the full system scan procedure. This step is crucial to ensure thorough removal of any remaining threats. After the restart, Gridinsoft Anti-Malware will open and display a message confirming the completion of the scan.

Remember Gridinsoft offers a 6-day free trial. This means you can take advantage of the trial period at no cost to experience the full benefits of the software and prevent any future malware infections on your system. Embrace this opportunity to fortify your computer's security without any financial commitment.

Trojan Killer for “spyware” removal on locked PC

In situations where it becomes impossible to download antivirus applications directly onto the infected computer due to malware blocking access to websites, an alternative solution is to utilize the Trojan Killer application.

There is a really little number of security tools that are able to be set up on the USB drives, and antiviruses that can do so in most cases require to obtain quite an expensive license. For this instance, I can recommend you to use another solution of GridinSoft - Trojan Killer Portable. It has a 14-days cost-free trial mode that offers the entire features of the paid version. This term will definitely be 100% enough to wipe malware out.

Trojan Killer is a valuable tool in your cybersecurity arsenal, helping you to effectively remove malware from infected computers. Now, we will walk you through the process of using Trojan Killer from a USB flash drive to scan and remove malware on an infected PC. Remember, always obtain permission to scan and remove malware from a computer that you do not own.

Step 1: Download & Install Trojan Killer on a Clean Computer:

1. Go to the official GridinSoft website (gridinsoft.com) and download Trojan Killer to a computer that is not infected.

2. Insert a USB flash drive into this computer.

3. Install Trojan Killer to the "removable drive" following the on-screen instructions.

4. Once the installation is complete, launch Trojan Killer.

Step 2: Update Signature Databases:

5. After launching Trojan Killer, ensure that your computer is connected to the Internet.

6. Click "Update" icon to download the latest signature databases, which will ensure the tool can detect the most recent threats.

Step 3: Scan the Infected PC:

7. Safely eject the USB flash drive from the clean computer.

8. Boot the infected computer to the Safe Mode.

9. Insert the USB flash drive.

10. Run tk.exe

11. Once the program is open, click on "Full Scan" to begin the malware scanning process.

Step 4: Remove Found Threats:

12. After the scan is complete, Trojan Killer will display a list of detected threats.

13. Click on "Cure PC!" to remove the identified malware from the infected PC.

14. Follow any additional on-screen prompts to complete the removal process.

Step 5: Restart Your Computer:

15. Once the threats are removed, click on "Restart PC" to reboot your computer.

16. Remove the USB flash drive from the infected computer.

Congratulations on effectively removing spyware and the concealed threats from your computer! You can now have peace of mind, knowing that they won't resurface again. Thanks to Gridinsoft's capabilities and commitment to cybersecurity, your system is now protected.

Frequently asked questions

The truth about Flumonex

Name: Flumonex

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Flumonex, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Flumonex scam, techniques for recognizing it, and, most crucially, ways to evade becoming a victim.

Operating System: All

Application Category: Crypto Scams

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