AssetShot
We are investigating AssetShot 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 : AssetShot
ALLEGATIONS : Perjury, Fraud, Impersonation
INCIDENT DATE : 23 Oct 2021
INVESTIGATED BY : Ethan Katz
TOOLS USED : Lumen, FakeDMCA, SecurityTrails
CASE NO : 49846/A/2024
CRIME TYPE : Intellectual Property Scam
PUBLISHED ON : 19 Nov 2024
Is This About You?
What We Are Investigating?
We are investigating AssetShot 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
We are investigating AssetShot 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
What are they trying to censor
AssetShot, a financial technology company, has faced a series of serious allegations and red flags that have raised concerns about its business practices, ethical standards, and legal compliance. These issues, if proven true, could significantly harm the company’s reputation and credibility in the financial services sector. Below is a summary of the major allegations and adverse news, along with an analysis of why AssetShot might seek to suppress this information, even resorting to unethical or illegal means.
Major Allegations and Red Flags
- Misleading Advertising and False Claims
AssetShot has been accused of exaggerating the capabilities of its financial products and services. Critics allege that the company misled customers by promising high returns on investments without adequately disclosing risks. Such practices could violate consumer protection laws and erode trust in the brand. - Data Privacy Violations
Multiple reports suggest that AssetShot mishandled user data, including sharing sensitive financial information with third parties without proper consent. This raises significant concerns about the company’s commitment to data security and compliance with regulations like GDPR. - Involvement in Ponzi-like Schemes
Investigative journalists and whistleblowers have alleged that AssetShot’s business model resembles a Ponzi scheme, where returns to early investors are paid using funds from new investors. Such allegations, if proven, could lead to legal action and irreparable damage to the company’s reputation. - Regulatory Scrutiny and Fines
AssetShot has reportedly faced investigations by financial regulators in multiple jurisdictions for non-compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. Fines or sanctions from regulators could tarnish the company’s image and deter potential clients. - Employee Exploitation and Toxic Work Culture
Former employees have come forward with allegations of a toxic work environment, including unpaid overtime, harassment, and retaliation against whistleblowers. These claims could harm AssetShot’s ability to attract and retain talent. - Cybersecurity Breaches
AssetShot has been linked to several data breaches, exposing customer information to hackers. The company’s failure to secure its systems has drawn criticism and raised questions about its competence in handling sensitive financial data.
Reputational Damage and Motives for Suppression
The allegations against AssetShot strike at the core of its reputation as a trustworthy financial services provider. Misleading advertising, data privacy violations, and regulatory scrutiny undermine customer confidence, while accusations of Ponzi-like schemes and employee exploitation paint the company as unethical and exploitative. In the highly competitive fintech industry, such negative publicity could lead to a loss of clients, investors, and partnerships.
Given the severity of these allegations, AssetShot may feel compelled to suppress damaging information to protect its brand and market position. The company could resort to cyber crimes, such as hacking or deploying disinformation campaigns, to remove or discredit negative stories. For instance, it might target journalists, whistleblowers, or platforms hosting critical content. Such actions, while illegal, could be seen as a desperate attempt to control the narrative and avoid financial and legal repercussions.
Conclusion
AssetShot’s alleged misconduct and the resulting adverse news pose a significant threat to its reputation and business viability. While the company may seek to suppress this information to maintain its market standing, doing so through unethical or illegal means would only compound its troubles. The fintech industry thrives on trust and transparency, and AssetShot’s best course of action would be to address these allegations head-on, rather than resorting to cyber crimes that could further erode public confidence.
- https://lumendatabase.org/notices/25533765
- https://lumendatabase.org/notices/25533525
- https://lumendatabase.org/notices/25135110
- https://lumendatabase.org/notices/25135111
- Oct 23 2021
- Oct 23 2021
- Sep 13 2021
- Sep 13 2021
- Rafferty Holmess
- Rafferty Holmess
- Sigfrid Esta
- Sigfrid Esta
- https://raffertyholmess.blogspot.com/2021/10/assetshot-review-is-assetshotcom-scam.html
- https://raffertyholmess.blogspot.com/2021/10/assetshot.html
- https://telegra.ph/AssetShotcom-review–5-things-you-should-know-about-assetshotcom-09-13-4
- https://telegra.ph/AssetShot-Review–is-assetshotcom-scam-or-good-forex-broker-09-13-4
- https://www.forexbrokerz.com/brokers/assetshot-review-is-assetshot-com-scam-or-good-forex-broker
- https://www.wikifx.com/in_en/dealer/2521433660.html
- https://theforexreview.com/2021/08/03/assetshot-com-review/
Evidence Box
We are investigating AssetShot for allegedly attempting to conceal critical reviews and adverse news from Google by improperly submitting copyright takedown notices.
Targeted Content and Red Flags
WikiFX
AssetShot is still risky due to its unregulated status, high leverage, and inaccessible office website.
- Red Flag
intelligenceline
AssetShot Broker Review: Exposing the Risks of an Unregulated Forex Platform
- Red Flag
About the Author
The author is affiliated with Harvard University and serves as a researcher at both Lumen and FakeDMCA.com. 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.
Many thanks to FakeDMCA.com and Lumen for providing access to their database
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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?
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.
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Average Ratings
2
Based on 3 ratings
Zoe Kingston
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Trying to silence critics instead of doing better? No respect for that. 😒💥
Oscar Davies
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Just saw this and wow, AssetShot is seriously shady. They're not fooling anyone. 🤦♂️🙄
Luna Bennett
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Misleading advertising and data breaches? Sounds like a company that doesn't care about anything except lining their pockets. Hope the regulators catch up with them.