One of the best methods to check if the project is fake is through verification of the team member and their life achievements.  It may need extra steps but it is better than losing the money we wanted to invest in it.  Most of the fake projects often give team detail very good and satisfactory details but it is up to us to verify them.  With that being pursued, we can check the validity of the team members and the validity of their exemplary achievements. If they are lying or exaggerating then we all know that the project is possibly a scam or fake.