How to avoid losing money via CREO ENGINE Launchpad scam

Also Known As: CREO ENGINE Launchpad crypto scam
Damage level: Medium

What kind of scam is "CREO ENGINE Launchpad"?

Upon examining the page, we found indications of deception. The site falsely claims the availability of the Creo Launchpad Beta, enticing users with promises of portfolio management, earning $CREO rewards, and participating in alpha testing. It is an attempt to lure unsuspecting individuals into a scam.

CREO ENGINE Launchpad scam

"CREO ENGINE Launchpad" in detail

We found that this page falsely claims that the Creo Launchpad Beta is active, enticing users with promises of managing their portfolios, earning $CREO rewards, and participating in alpha quests. Additionally, it offers an "OG CREO" badge as an incentive for users who register within the next 48 hours.

However, the use of deceptive language and promises of rewards within a limited timeframe are common tactics employed by scammers to lure unsuspecting individuals into fraudulent schemes. In this case, scammers aim to trick unsuspecting individuals into signing malicious contracts.

Signing the contract through the instructions provided on this scam website initiates a cryptocurrency draining procedure, covertly transferring the victim's cryptocurrency funds to the scammer's wallet. Retrieving the lost funds becomes extremely challenging, if not impossible, once the crypto is transferred.

Therefore, exercising caution in cryptocurrency transactions is highly advised to mitigate the risk of falling victim to scams and enduring financial losses.

Threat Summary:
Name CREO ENGINE Launchpad crypto scam
Threat Type Phishing, Scam, Social Engineering, Fraud
Fake Claim Participants can receive $CREO rewards
Disguise Legitimate crypto platform
Related Domain launchpads-creoengine[.]com
Detection Names Fortinet (Spam), Full List Of Detections (VirusTotal)
Symptoms Lack of official verification, unrealistic claims, too good-to-be-true promises.
Distribution methods Social media, compromised websites, rogue online pop-up ads, potentially unwanted applications.
Damage Loss of sensitive private information, monetary loss, identity theft, possible malware infections.
Malware Removal (Windows)

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Similar scams in general

Scams of this type typically employ misleading or false information to trick victims into participating in fraudulent activities. Scammers create a sense of urgency to pressure victims into making quick decisions, leaving them less time to evaluate the situation critically.

They dangle promises of significant rewards or benefits to entice victims into participating, such as earning cryptocurrency or receiving exclusive perks. Examples of scams similar to the one described above are "MAGA Airdrop", "MTGOX Online Rehabilitation Claim System", and "Claim EZPOINTS".

How did I open a scam website?

Fraudsters utilize various tactics to lure users into their deceptive schemes, such as stealing verified X (formerly Twitter) accounts from celebrities or reputable businesses to direct users to their fraudulent platforms. Adware can also be exploited to promote scams designed to initiate crypto drainers.

Additionally, individuals may encounter scam pages through deceptive advertisements, pop-ups, notifications from untrustworthy pages, and sites utilizing rogue advertising networks, like most torrent sites. Furthermore, scammers register misleading domain names that mimic those of legitimate projects to trick unsuspecting users.

How to avoid visiting scam pages?

Be vigilant when accessing links in suspicious emails (e.g., irrelevant or unexpected emails), especially those urging urgent action or containing questionable content. Verify website legitimacy by checking URLs to match the official domains of trusted entities. Exercise caution when encountering online advertisements and pop-ups, refraining from clicking on enticing offers.

Decline permission to receive notifications from suspicious websites. Employ reliable antivirus software and regularly update your systems and programs. Stay informed about common online scams and phishing methods to protect yourself from potential threats.

If your computer is already infected with unwanted apps, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate them.

The appearance of "CREO ENGINE Launchpad" pop-up scam (GIF):

Appearance of CREO ENGINE Launchpad scam

Text on this page (partial):

Creo Launchpad Beta is live!

Manage your portfolio, earn $CREO rewards, participate in alpha quests much more!

All users who register in the next 48 hours are eligible for the "OG CREO" badge.

Screenshot of a post promoting "CREO ENGINE Launchpad" scam on X (Twitter) platform:

CREO ENGINE Launchpad scam being promoted on X (Twitter)

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Quick menu:

How to identify a pop-up scam?

Pop-up windows with various fake messages are a common type of lures cybercriminals use. They collect sensitive personal data, trick Internet users into calling fake tech support numbers, subscribe to useless online services, invest in shady cryptocurrency schemes, etc.

While in the majority of cases these pop-ups don't infect users' devices with malware, they can cause direct monetary loss or could result in identity theft.

Cybercriminals strive to create their rogue pop-up windows to look trustworthy, however, scams typically have the following characteristics:

  • Spelling mistakes and non-professional images - Closely inspect the information displayed in a pop-up. Spelling mistakes and unprofessional images could be a sign of a scam.
  • Sense of urgency - Countdown timer with a couple of minutes on it, asking you to enter your personal information or subscribe to some online service.
  • Statements that you won something - If you haven't participated in a lottery, online competition, etc., and you see a pop-up window stating that you won.
  • Computer or mobile device scan - A pop-up window that scans your device and informs of detected issues - is undoubtedly a scam; webpages cannot perform such actions.
  • Exclusivity - Pop-up windows stating that only you are given secret access to a financial scheme that can quickly make you rich.

Example of a pop-up scam:

Example of a pop-up scam

How do pop-up scams work?

Cybercriminals and deceptive marketers usually use various advertising networks, search engine poisoning techniques, and shady websites to generate traffic to their pop-ups. Users land on their online lures after clicking on fake download buttons, using a torrent website, or simply clicking on an Internet search engine result.

Based on users' location and device information, they are presented with a scam pop-up. Lures presented in such pop-ups range from get-rich-quick schemes to fake virus scans.

How to remove fake pop-ups?

In most cases, pop-up scams do not infect users' devices with malware. If you encountered a scam pop-up, simply closing it should be enough. In some cases scam, pop-ups may be hard to close; in such cases - close your Internet browser and restart it.

In extremely rare cases, you might need to reset your Internet browser. For this, use our instructions explaining how to reset Internet browser settings.

How to prevent fake pop-ups?

To prevent seeing pop-up scams, you should visit only reputable websites. Torrent, Crack, free online movie streaming, YouTube video download, and other websites of similar reputation commonly redirect Internet users to pop-up scams.

To minimize the risk of encountering pop-up scams, you should keep your Internet browsers up-to-date and use reputable anti-malware application. For this purpose, we recommend Combo Cleaner Antivirus for Windows.

What to do if you fell for a pop-up scam?

This depends on the type of scam that you fell for. Most commonly, pop-up scams try to trick users into sending money, giving away personal information, or giving access to one's device.

  • If you sent money to scammers: You should contact your financial institution and explain that you were scammed. If informed promptly, there's a chance to get your money back.
  • If you gave away your personal information: You should change your passwords and enable two-factor authentication in all online services that you use. Visit Federal Trade Commission to report identity theft and get personalized recovery steps.
  • If you let scammers connect to your device: You should scan your computer with reputable anti-malware (we recommend Combo Cleaner Antivirus for Windows) - cyber criminals could have planted trojans, keyloggers, and other malware, don't use your computer until removing possible threats.
  • Help other Internet users: report Internet scams to Federal Trade Commission.

Frequently Asked Questions (FAQ)

What is a crypto scam?

A cryptocurrency scam is a deceitful scheme in the cryptocurrency industry designed to trick people into giving away money or sensitive information. This is usually done through false promises, misleading information, or other dishonest tactics.

Is it possible to retrieve lost crypto funds?

Recovering lost cryptocurrency funds can be very hard or even impossible. Cryptocurrencies are decentralized and anonymous, making it difficult to trace and retrieve funds lost to scams, theft, or other reasons.

Why do I encounter crypto scams?

Crypto scams are promoted using various platforms, including unsolicited emails, social media ads, stolen social media accounts, ads on dubious pages, notifications from questionable websites, and sites associated with illegal advertising networks like torrent pags.

Will Combo Cleaner protect me from scams?

Combo Cleaner is equipped to scan each website, effectively identifying scam pages. This application promptly issues warnings and implements access restrictions, guaranteeing your protection.

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About the author:

Tomas Meskauskas

Tomas Meskauskas - expert security researcher, professional malware analyst.

I am passionate about computer security and technology. I have an experience of over 10 years working in various companies related to computer technical issue solving and Internet security. I have been working as an author and editor for pcrisk.com since 2010. Follow me on Twitter and LinkedIn to stay informed about the latest online security threats. Contact Tomas Meskauskas.

PCrisk security portal is brought by a company RCS LT. Joined forces of security researchers help educate computer users about the latest online security threats. More information about the company RCS LT.

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Malware activity

Global malware activity level today:

Medium threat activity

Increased attack rate of infections detected within the last 24 hours.

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