CyberCriminal.com

FXGlory

We are investigating FXGlory for allegedly attempting to conceal critical reviews and adverse news from Google by improperly submitting copyright takedown notices. This includes potential violations such as impersonation, fraud, and perjury.

PARTIES INVOLVED : FXGlory

ALLEGATIONS : Perjury, Fraud, Impersonation

INCIDENT DATE : 16 Aug 2024

INVESTIGATED BY : Ethan Katz

TOOLS USED : Lumen, FakeDMCA, SecurityTrails

CASE NO : 3542/A/2024

CRIME TYPE : Intellectual Property Scam

PUBLISHED ON : 25 Nov 2024

FXGlory
Due Diligence
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Is This About You?
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What We Are Investigating?

Our firm is launching a comprehensive investigation into FXGlory over allegations that it has been suppressing critical reviews and unfavorable Google search results by fraudulently misusing DMCA takedown notices. These actions, if proven, could constitute serious legal violations—including impersonation, fraud, and perjury.

We conducted comprehensive analyses of fraudulent copyright takedown requests, meritless legal complaints, and other unlawful efforts to suppress public access to critical information. Our reporting sheds light on the prevalence and modus operandi of a structured censorship network, often funded and used by criminal enterprises, oligarchs and criminal entities seeking to manipulate public perception and bypass AML checks conducted by financial organisations.

The fake DMCA notices in this investigation appears to have been strategically deployed to remove negative content from Google search results illegally. Based on this pattern, we have reasonable grounds to infer that FXGlory - or an entity acting at its behest - is directly or indirectly complicit in this cyber crime.

In most such cases, such ops are executed by rogue, fly-by-night 'Online Reputation Management' agencies acting on behalf of their clients. If evidence establishes that the subject knowingly benefited from or facilitated this scam, it may be deemed an 'accomplice' or an 'accessory' to the crime.

What are they trying to censor

FXGlory, an online forex and CFD brokerage, has faced a series of allegations, red flags, and adverse news reports that have raised serious concerns about its operations and credibility. These issues have significantly tarnished its reputation, potentially motivating the company to take extreme measures, including cybercrime, to suppress or remove damaging information.

Major Allegations and Red Flags:
Regulatory Issues: FXGlory has been flagged by multiple regulatory bodies for operating without proper licenses or authorization. For instance, the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC) have issued warnings against the company, stating that it is not authorized to provide financial services in their jurisdictions. Such regulatory warnings are a significant red flag for potential clients, as they suggest a lack of oversight and potential risks.

Withdrawal Problems: Numerous clients have reported difficulties in withdrawing their funds from FXGlory. Complaints include delayed processing times, unexplained fees, and outright refusal to process withdrawal requests. These issues have led to accusations of the company engaging in unethical practices to retain client funds, which severely undermines trust.

Misleading Advertising: FXGlory has been accused of using misleading advertising tactics to attract clients. This includes promising high returns with low risk, which is a common red flag in the financial industry. Such practices can lead to significant financial losses for clients who are not adequately informed about the risks involved in forex trading.

Poor Customer Service: There have been numerous complaints about FXGlory’s customer service, with clients reporting unresponsive support teams and inadequate resolution of issues. Poor customer service exacerbates the problems faced by clients, particularly when dealing with financial disputes or technical issues.

Negative Reviews and Testimonials: Various online forums and review sites are filled with negative testimonials from former clients of FXGlory. These reviews often highlight issues such as account manipulation, unfair trading conditions, and lack of transparency. The sheer volume of negative feedback contributes to a poor public perception of the company.

Impact on Reputation:
The cumulative effect of these allegations and adverse news stories is a significant blow to FXGlory’s reputation. In the highly competitive and trust-dependent forex trading industry, regulatory warnings, withdrawal issues, and negative client experiences can deter potential clients and lead to a loss of business. Trust is paramount in financial services, and any hint of misconduct can have long-lasting repercussions.

Motivation for Cybercrime:
Given the severe impact these allegations have on its reputation, FXGlory may feel compelled to take drastic measures to suppress or remove this information. Cybercrime, such as hacking into websites or databases to delete or alter damaging content, could be seen as a viable option. The motivation would be to erase any trace of the allegations, thereby attempting to restore its reputation and avoid further legal and financial repercussions.

In conclusion, the allegations and adverse news surrounding FXGlory present a serious threat to its professional standing and public image. The potential consequences of these allegations could drive the company to commit cybercrime in a desperate attempt to control the narrative and mitigate the damage to its business and reputation.

  • https://lumendatabase.org/notices/43855087
  • Aug 16, 2024
  • ApexVista Solutions
  • https://fxglory.com/
  • https://www.forexpeacearmy.com/community/threads/resolved-fxglory-problem.80179/

Evidence Box

Evidence and relevant screenshots related to our investigation

Targeted Content and Red Flags

forexfactory.com

FXGlory broker Scam alert

  • Red Flag
Visit Link

uk.trustpilot.com

SCAMMERS - FxGlory SCAMMERS

  • Red Flag
Visit Link

reviews.io

Scam broker!!!

  • Red Flag
Visit Link

About the Author

The author is affiliated with TU Dresden and analyzes public databases such as Lumen Database and FakeDMCA.com to identify and expose online censorship. In his personal capacity, he and his team have been actively investigating and reporting on organized crime related to fraudulent copyright takedown schemes.

Additionally, his team provides advisory services to major law firms and is frequently consulted on matters pertaining to intellectual property law.

He can be reached at [email protected] directly.

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How This Was Done

The fake DMCA notices we found always use the 'back-dated article' technique. With this technique, the wrongful notice sender (or copier) creates a copy of a 'true original' article and back-dates it, creating a 'fake original' article (a copy of the true original) that, at first glance, appears to have been published before the true original

What Happens Next?

Based on the feedback, information, and requests received from all relevant parties, our team will formally notify the affected party of the alleged infringement. Following a thorough review, we will submit a counter-notice to reinstate any link that has been removed by Google, in accordance with applicable legal provisions. Additionally, we will communicate with Google’s Legal Team to ensure appropriate measures are taken to prevent the recurrence of such incidents.

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