In my opinion, how to find out ICO fraud by analyzing the ICO. I used to use SWOT analysis. From this analysis, I can find out the strengths, weaknesses, opportunities, and threats that exist in the ICO. From this analysis, I can consider whether the ICO will have a better chance of success or failure. That's the simple way that I do it. Another way that I do by looking at whether the ICO has whitepaper or not. If the ICO does not have a whitepaper then I rate the ICO as untrusted and will not join or follow the ICO. Lastly, I prefer to buy coins on exchangers rather than at ICO because I rate the coins in ICO as not yet 100 percent trusted.