We Investigated Profittnet: Legit or Scam? The Facts

Recently, Profittnet.com service appeared, promoting itself as a place where you can safely store cryptocurrency and other assets. I managed to gather credible proof that unmistakably confirms it is, actually, a scam site.

Despite what Profittnet site states, they won’t ever give back your funds. Regardless of the numbers displayed in the “member area”, there is absolutely no ability to take out even a penny. All commitments regarding crypto rewards 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.

DOWNLOAD NOW

Gridinsoft Anti-Malware 6-day trial available.
EULA | Privacy Policy | 10% Off Coupon

Subscribe to our Telegram channel to be the first to know about news and our exclusive materials on information security.

Profittnet Scam Overview

The main offering that Profittnet aims to provide is a protected and convenient cryptocurrency wallet service. The website pledges crypto exchange solutions, tools for managing wallets, transfers, dashboards, and alike functions. In reality, they endeavor to emulate the functionality of a crypto marketplace, akin to Binance or Coinbase. However, it in actuality only serves as a cover needed to fool the cautious.

Profittnet Scam

First and foremost, Profittnet imitates the layout of multiple similar online platforms. There are quite a few examples, like Ladoxnap, Koinerra or Hadoxytrade. They are entirely indistinguishable in terms of visual elements, with minor discrepancies in the webpage header. Other details, and at times even crypto wallet addresses, are matching. Probably, all these deceptive sites are operated by the same gang of frauds.

Cryptocurrency Scam Summary

How the Profittnet Scam Works?

Profittnet is yet another online platform within a extensive network of associated crypto scam sites. The managers employ different brand names and websites, like Profittnet.com, to trap victims. Nevertheless, these deceptive sites have in common the same designs, terms of service, and About information. This exposes their origins as components of the identical scam network, which endorses the same type of deception under various appearances. The deceivers just replicate the identical scam website under diverse names to mislead users into believing they are participating in a fresh venture. However, in reality, it’s the same system of scammers orchestrating the misleading commitments and undertakings to take deposited money. The administrators cleverly utilize psychological tactics and appealing propositions to carry out their dishonest plans.

Step 1: Spreading

To initiate the deceptive scheme, criminals create and fill accounts on popular social media platforms. They primarily target Facebook, Instagram, Twitter, and TikTok. Subsequently, the marketing campaign starts. Employing bots and paid promotions (when feasible), fraud actors boost the visibility of their fraudulent activities to possible victims. This strategy permits them to cast a broad net and connect with their focused viewers. The audience commonly consists of cryptocurrency enthusiasts looking for prospects to generate profits.

Users obtain an incentive to register, enticed by the commitment of obtaining crypto benefits valued at hundreds of dollars, all free of charge. To increase the attractiveness of the offer, false suggestions of cooperation with a celebrity are added. As you may guess, these assertions are completely baseless.

Step 2: Gaining Traffic

Individuals who demonstrate interest go to Profittnet.com via links present in ads or robotic posts. The website employs captivating visuals, design elements that appear genuine, and claims of holding a official license, all aimed to project an initial perception of reliability.

Step 3: Data Gathering

To claim their prizes, users are required to deliberately sign up on Profittnet and get instructions to submit sensitive and private data during the registration procedure. This includes linking their cryptocurrency wallets, revealing email addresses, specifying phone numbers, sending in identification documents, and the like.

Step 4: Requesting funds

Once registered, users observe substantial amounts of cryptocurrency, valued at thousands of dollars, within their Profittnet wallets. Nonetheless, as it usually happens with such incentives, you cannot withdraw them ahead of making a deposit. Usually, a funds transfer of $100 is required to withdraw the sign-up bonus. This prerequisite serves as the enticement that ultimately culminates to the money loss.

Step 5: Disappear

The point in time the deposit is submitted, the fraudsters halt all communication. They go ahead to restrict users, remove accounts, and disappear with both the transferred funds and vital personal data. The fictitious prizes remain perpetually uncredited, as they lack genuine existence. They function purely as a fraudulent maneuver. This method forms the foundation for the deceivers’ ability to mislead victims and embezzle hard-earned money through their deceptive online crypto scheme.

Signs of Scam

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

• False Celebrity Sponsorship. Profittnet 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. Profittnet.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. Profittnet 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. Profittnet.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%, Profittnet preys on the desire for quick profits. Yet, the volatile nature of the cryptocurrency market makes such gains highly unlikely, definitively labeling Profittnet as a scam.

What Should I do as a Victim?

If you had to deal with Profittnet 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 timeline of the scam, scoundrels may get in touch with you with particular files. Alternatively, they may offer you to install “cryptocurrency wallet applications” or “browser extensions” to facilitate access to your cryptocurrency funds. As we already determined, these deceivers have no plan of giving back your capital. So, what do these email messages and browser extensions represent? You guessed it right – that is another side of the fraudulent scheme designed to throw you into deliberately running harmful programs onto your device.

Both extensions and files included to emails can function as a carrier for various malicious code. In this case, I anticipate the presence of spyware and stealers among other forms of malware. While it is not mandatory for scammers to distribute malware, the chance is always existent. As stated, their conscience is of no concern, and their dignity is already severely tarnished. They have no principles to lose and aim 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 Profittnet

Name: Profittnet

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

Operating System: All

Application Category: Crypto Scams

Sending

User Review

3.25 (4 votes)

Comments Rating 0 (0 reviews)