We Investigated Jalokis: Legit or Scam? The Facts

Recently, Jalokis.com site popped up, promoting itself as a place to store cryptocurrency and other assets securely. I managed to gather reliable supporting information that unmistakably reveals it is, actually, a fraudulent service.

Contrary to the statements of Jalokis.com, they won’t pay off your capital. Even though the numbers displayed in the “member area”, there is zero way to take out even a single coin. All promises regarding crypto incentives are baseless 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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Jalokis Scam Overview

The primary feature that Jalokis strives to provide is a protected and convenient cryptocurrency wallet service. The site pledges exchange solutions, tools for managing wallets, transfers, dashboards, and the like. In reality, they try to emulate the functionality of a crypto trading platform, akin to Binance or Coinbase. However, it actually only serves as a shell intended to fool the cautious.

Jalokis Scam

First and foremost, Jalokis mimics the layout of numerous equivalent online platforms. There are quite a few examples, like Facexel, Coinxleak or Rompwex. They are completely undistinguishable in terms of visual elements, with slight discrepancies in the webpage header. Other details, and at times even crypto wallet addresses, are identical. Presumably, all these deceptive sites are operated by the same group of scammers.

Cryptocurrency Scam Summary

How the Jalokis Scam Works?

Jalokis is yet another website within a extensive network of linked crypto deceptive webpages. The operators employ diverse brand titles and websites, like Jalokis.com, to trap victims. Nevertheless, these deceptive websites have in common identical designs, terms of service, and About information. This unveils their beginnings as parts of the equal fraudulent network, which endorses the identical mode of scam under different disguises. The fraudsters just duplicate the same scam site under diverse names to mislead users into assuming they are participating in a new opportunity. However, in actuality, it’s the same system of scammers orchestrating the fraudulent promises and undertakings to grab deposited money. The administrators skillfully employ psychological tactics and appealing propositions to carry out their deceitful plots.

Step 1: Spreading

To initiate the deceptive scheme, criminals establish and fill accounts on well-liked social media platforms. They mainly target Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign begins. Utilizing bots and paid ads (when feasible), scam actors increase the presence of their deceptive activities to possible victims. This approach allows them to create a broad net and connect with their aimed spectators. The latter typically comprises of cryptocurrency enthusiastic individuals seeking chances to generate profits.

Users receive an encouragement to enroll, drawn by the assurance of obtaining crypto rewards valued at hundreds of dollars, all free of charge. To enhance the appeal of the offer, false suggestions of sponsorship by a celebrity are added. As you may guess, these claims are entirely baseless.

Step 2: Gaining Traffic

People who express interest go to Jalokis.com via links present in advertisements or robotic posts. The website uses captivating visuals, design features that appear authentic, and claims of having a legitimate license, all intended to convey an initial image of credibility.

Step 3: Data Gathering

To redeem their rewards, users need to proactively sign up on Jalokis and receive guidance to provide sensitive and personal information during the enrollment process. This comprises linking their cryptocurrency wallets, sharing email addresses, giving phone numbers, furnishing 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 Jalokis wallets. Nonetheless, as it usually happens with such incentives, you cannot withdraw them prior to topping up your account. Usually, a deposit of $100 is required to get the sign-up bonus. This prerequisite serves as the snare that ultimately leads to the money loss.

Step 5: Disappear

The instant the funds transfer is sent, the fraudsters terminate all communication. They move forward to bar users, delete accounts, and disappear with both the submitted funds and vital private data. The phony rewards remain perpetually uncredited, as they lack real existence. They function exclusively as a fraudulent maneuver. This approach forms the foundation for the fraudsters’ ability to mislead victims and embezzle hard-earned funds through their double-dealing online crypto fraud.

Signs of Scam

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

• False Celebrity Sponsorship. Jalokis often resorts to fake endorsements from celebrities such as Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. This fraudulent tactic extends to claiming partnerships with reputable companies like Coinbase, Binance, or MetaMask, despite lacking any genuine affiliations.
• Cryptocurrency-Only Payments. Jalokis.com exclusively accepts payments in cryptocurrencies, rejecting traditional bank transfers and other methods. This approach not only masks the company’s identity but also eliminates the possibility of seeking refunds.
• Dubious Company Information. Jalokis raises suspicion by withholding essential ownership, location, and registration details. Furthermore, the absence of legitimate contact information and the recent establishment of domain and social media pages intensify skepticism.
• Unsubstantiated Hype. Jalokis.com employs groundless hype tactics, fabricating events like securing contracts with Coinbase or receiving endorsements from Elon Musk. These manipulative techniques aim to instill false confidence and encourage further investments.
• Potential Pyramid Scheme. The scam relies on a structure resembling a Ponzi scheme, leveraging a referral system spread through social media. However, only initial participants benefit, often at the expense of subsequent investors.
• Implausible Claims. Promising returns of 50-100-200%, Jalokis preys on the desire for quick profits. Yet, the volatile nature of the cryptocurrency market makes such gains highly unlikely, definitively labeling Jalokis as a scam.

What Should I do as a Victim?

If you had to deal with Jalokis 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.

• Immediate Reporting. Your initial step should involve promptly notifying local authorities specializing in financial fraud. Extend your reach by reaching out to wallet providers and engaging with social networks’ technical support teams. These actions serve to raise the bar for the scammers’ operations.
• Share among Friends. Amplify your efforts by informing your close friends about the scam. Similar to informing authorities, this dissemination of information restricts the scammers’ potential victim pool.
• Preserve Crucial Information. Compile a comprehensive evidence archive by capturing screenshots and archiving all relevant website-related data. Collect the website URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These records could provide vital clues for authorities in their pursuit of the scammers.
• Exploring Refund Options. While most banks’ refund policies may exclude cryptocurrency payments, it’s advisable to explore potential refund avenues under specific circumstances. Maintain hope until you obtain confirmation of the loss.
• Transform Loss into Knowledge. Turn your financial setback into an opportunity for growth. View your loss as an investment in understanding the strategies employed by crypto scam sites. Familiarize yourself with their telltale characteristics, the methods they employ to entice individuals, and the extravagant promises they make. Equipped with this insight, you’ll be well-prepared to spot and evade future traps without suffering additional financial setbacks.

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 fraud, its actors may contact you with specific documents. Alternatively, they may offer you to set up “cryptocurrency wallet applications” or “browser extensions” to simplify access to your crypto savings. As we previously figured out, these deceivers have no intent of returning your funds. So, what do these emails and browser add-ons represent? Correct – that is another component of the deceptive plan designed to throw you into deliberately installing malicious programs onto your device.

Both extensions and attachments attached to emails can serve as a shell for diverse malicious code. In this situation, I anticipate the presence of spyware and stealers among other forms of malicious programs. While it is not obligatory for scammers to distribute malware, the chance is always existent. As previously mentioned, their morality is of no concern, and their reputation is already neck deep in mud. They have no principles to give up and strive to maximize profits.

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.

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