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
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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Average Ratings
2
Based on 4 ratings
by: Oliver Franklin
This company should be blacklisted! They manipulate the market, freeze accounts for no reason, and come up with hidden fees that drain your funds. I lost thousands because of their shady practices, and when I reached out for help, they...
by: Quentin Foster
FXGlory is a total scam, they steal your money and disappear! plz stay away from FxGlory🚨
by: Natalie Shepherd
This broker is a joke. The spreads are insane, withdrawals are impossible, and they just straight-up lie to your face.
by: Penelope Walsh
I reported them to financial regulators, but since they not even properly licensed, there’s nothing to be done. This is how these scammers operate!