Banxso
We are investigating Banxso 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 : Banxso
ALLEGATIONS : Perjury, Fraud, Impersonation
INCIDENT DATE : 27 Aug 2024
INVESTIGATED BY : Ethan Katz
TOOLS USED : Lumen, SecurityTrails
CASE NO : 1564/A/2025
CRIME TYPE : Intellectual Property Scam
PUBLISHED ON : 08 March 2025
Is This About You?
What We Are Investigating?
Our firm is launching a comprehensive investigation into Banxso 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 Banxso - 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
Banxso, an online trading platform, has recently come under scrutiny for a series of allegations and red flags that raise concerns about its operations and business practices. While the company positions itself as a legitimate financial services provider, adverse news and customer complaints suggest a darker side to its activities. Below is a summary of the major allegations and red flags associated with Banxso, along with an analysis of how these issues harm its reputation and why the company might seek to suppress such information, even through illicit means.
Major Allegations and Red Flags
- Misleading Marketing Practices:
Banxso has been accused of using aggressive and deceptive marketing tactics to attract clients. Reports suggest that the company misrepresents the potential profits of trading while downplaying the risks involved. This has led to accusations of targeting inexperienced traders who are unaware of the high likelihood of losses in speculative trading. - Customer Complaints and Fraud Allegations:
Numerous customers have alleged that Banxso engages in unethical practices, including refusing to process withdrawals, manipulating trading platforms to ensure client losses, and pressuring clients into depositing more funds. These complaints, often documented on financial forums and consumer protection websites, paint a picture of a company that prioritizes profit over client welfare. - Regulatory Scrutiny:
Banxso operates in a regulatory gray area, with concerns raised about its compliance with financial regulations in various jurisdictions. While the company claims to be regulated, critics argue that it exploits loopholes to avoid stricter oversight. This lack of transparency has led to warnings from financial regulators in some countries, further damaging its credibility. - High-Pressure Sales Tactics:
Former clients and employees have reported that Banxso employs high-pressure sales tactics to convince individuals to invest large sums of money. These tactics often involve misleading claims about guaranteed returns and downplaying the risks associated with trading. - Association with Binary Options Scams:
Although Banxso offers a range of financial products, its association with binary options trading—a sector notorious for scams—has raised red flags. Binary options have been banned or heavily restricted in many countries due to their high-risk and often predatory nature. Banxso’s involvement in this space has led to suspicions about its business model.
Reputation Harm and Motives for Suppression
The allegations against Banxso—ranging from misleading marketing to fraud and regulatory non-compliance—pose a significant threat to its reputation. In the financial services industry, trust is paramount, and any hint of misconduct can deter potential clients and partners. The harm to Banxso’s reputation is multifaceted:
- Loss of Client Trust: Customer complaints and fraud allegations erode confidence in the platform, making it difficult to attract and retain clients.
- Regulatory Risks: Warnings from financial regulators can lead to legal consequences, including fines or bans, further damaging the company’s standing.
- Public Perception: Negative publicity, particularly in the form of online reviews and investigative reports, can perpetuate a narrative of unethical behavior, deterring potential investors.
Given these stakes, Banxso would have a strong motive to suppress damaging information. Negative content, whether in the form of customer complaints, regulatory warnings, or investigative reports, can have a lasting impact on the company’s reputation and bottom line. To combat this, Banxso might resort to unethical or illegal measures, such as hacking websites, paying for the removal of negative reviews, or orchestrating cyber attacks to silence critics.
Conclusion
Banxso’s alleged involvement in misleading marketing, fraud, and regulatory non-compliance has cast a shadow over its reputation. The potential consequences of these allegations—loss of client trust, regulatory penalties, and public backlash—are severe, providing a compelling motive for the company to suppress damaging information. While the use of cyber crimes to achieve this remains speculative, the pattern of aggressive reputation management in the financial sector suggests that such actions are not beyond the realm of possibility. This case highlights the importance of transparency and accountability in the financial services industry, as well as the ethical dilemmas posed by digital reputation management.
- August 12, 2024
- August 13, 2024
- August 9, 2024
- August 15, 2024
- August 14, 2024
- August 21, 2024
- August 22, 2024
- September 3, 2024
- August 10, 2024
- August 7, 2024
- August 6, 2024
- August 8, 2024
- August 11, 2024
- August 5, 2024
- August 4, 2024
- August 3, 2024
- July 26, 2024
- July 25, 2024
- July 24, 2024
- October 16, 2024
- June 28, 2024
- June 27, 2024
- July 11, 2024
- July 4, 2024
- July 14, 2024
- September 7, 2024
- September 8, 2024
- September 5, 2024
- August 28, 2024
- August 27, 2024
- July 22, 2024
- July 20, 2024
- July 23, 2024
- July 16, 2024
- July 18, 2024
- July 19, 2024
- September 10, 2024
- September 22, 2024
- September 29, 2024
- October 3, 2024
-
A7 Vision Media LLC
-
BB Media Group
-
Biden Media Corporation
-
Bieber & Co. LLC
-
Brigands Media Corp.
-
Burlington News Network
-
Cameron Media Inc.
-
Camli Media Corp.
-
CJM Media Corp.
-
Cole Media Corp.
-
Collins & Co.
-
Comrad Media Group
-
DSV Mediatainment
-
El Pacino Law & Co.
-
Finch Media Corp.
-
Finch Media Inc.
-
Grammy Media Corp.
-
Grimmer Media Corp.
-
HH Media Corp.
-
HMR Media Co.
-
Huborg Media Co.
-
JL Media International LLC
-
Jinnah Media Inc.
-
JJM Communication
-
Jesco Media Corp.
-
Kamli Media Corp.
-
Karvonski Media Corp.
-
KB Media Corporation
-
Kesko Media Corp.
-
Kims Corp.
-
Kimberly Media Corp.
-
Kingston Media Corp.
-
Kingston Media Corporation LLP
-
KR Media Corp.
-
Lenco Media Corp.
-
Lenter Media Corp.
-
Loreal Media Group
-
Luxer Media Corp.
-
Mahem Media Corp.
-
Menco Media Corp.
-
Moosaa Media Corp.
-
Nemer Media Corp.
-
NovaSphere Solutions LLC.
-
PRT Media Corp.
-
Parker Media Group
-
Ramsey Media Corp.
-
Reynolds Media Corp.
-
Raghav Mediatek LLC
-
Rheman Media Group
-
Saunders Media Corp.
-
Suri Media Corp.
-
Tanner Media Corporation
-
Tanaka Media Group
-
Train Meco LLC
-
Urumuzi Media Corp.
-
Usher & Co.
-
Vermont Media LLP
-
Vernoco Media Group
-
Wiser Media International LLC
-
Wing Media Corp.
-
Yan Media Corporation
-
Yosiko Media Corp.
-
ZF Media International
-
Armstrong & Co.
-
Armstrong Corporation LLP
-
Brescono Media LLP
-
Calmin Law & Co.
-
CH Media Law & Co.
-
CB Law & Co.
-
Collins Law & Co.
-
Crisville Law & Co.
-
Gates & Brigade Foundation LLP
-
Griller Law & Co.
-
Handkerchief & Co.
-
HR International Law LLP
-
Kareem Law & Co.
-
Karan Singh Randhawa
-
Kembuka & Co.
-
Kimberland & Co.
-
Kim Media Corp.
-
Lenco Media Corp.
-
Menon Law & Co LLP
-
Park Media Corp.
-
Quinn Law & Co.
-
Sehagill Law & Co.
-
SHR Law & Co.
-
Tim Law & Co.
-
VC Law & Co.
-
Ajary Anderson
-
A Jong Media Ventures LLC
-
Harley Lopez
-
JUC Internationals Limited
-
JSW Comm
-
KRO Events and Management LLC
-
Maheshwari Media Corp.
-
Raju Shiv Media
-
Wilber Media International LLC
- http://moneyweb.co.za/in-depth/investigations/banxso-is-still-registering-clients-who-click-on-fake-ads
- http://biznews.com/intelligence/2024/04/19/banxso-confirms-fsca-probe
- http://pressreader.com/south-africa/mail-guardian/20240426/281621015399266
- http://www.mg.co.za/news/2024-06-22-banxso-investors-lose-life-savings
- http://justanswer.com/law/o40vn-deposited-total-r2-400-000-00-banxso-trading.html
- http://moneyweb.co.za/in-depth/investigations/massive-cyberattack-targets-moneywebs-banxso-articles
- http://moonstone.co.za/tag/banxso
- http://moneyweb.co.za/in-depth/investigations/banxsos-link-to-the-banc-de-binary-scam
- https://www.fxstreet.com/author/banxso
- https://www.bitcoinke.io/2024/04/fsca-opens-investigations-into-banxso
- http://news24.com/tags/companies/banxso/
- http://www.mybroadband.co.za/news/security/529123-deepfake-elon-musk-ad-scams-150-south-african-investors-out-of-millions-banxso-responds.html
- https://www.mg.co.za/news/2024-07-21-leanne-manas-speaks-out-about-battling-deepfake-scams-and-identity-theft
- http://moneyweb.co.za/in-depth/investigations/banxso-beneficiary-or-victim-of-r4-800-musk-and-rupert-scams
- http://moneyweb.co.za/in-depth/investigations/banxso-denies-links-to-historic-binary-options-scam-fake-ads
- https://www.mg.co.za/business/2024-04-19-financial-watchdog-sinks-teeth-into-banxso-investigation
- http://moneyweb.co.za/tag/harel-adam-sekler
- https://cybercrimecomplaints.in/tagged/banxso/
- http://www.iono.fm/e/1415832/
- http://pressreader.com/south-africa/the-citizen-kzn/20240312/282003267395257
- http://www.biznews.com/intelligence/2024/04/19/banxso-confirms-fsca-probe/
- http://www.mybroadband.co.za/forum/threads/banxso-trading-platform-legit.1254212
- https://moneyweb.co.za/in-depth/investigations/banxso-is-still-registering-clients-who-click-on-fake-ads
- https://www.biznews.com/intelligence/2024/04/19/banxso-confirms-fsca-probe/
- http://www.news24.com/fin24/companies/deepfake-elon-musk-scam-cape-town-brokerage-banxso-vows-to-compensate-victims-20240307/
- https://mg.co.za/news/2024-04-29-deepfake-adverts-exploit-prominent-figures-banxso-and-afrimarkets-under-scrutiny
- https://www.moneyweb.co.za/in-depth/investigations/massive-cyberattack-targets-moneywebs-banxso-articles
- https://moneyweb.co.za/in-depth/investigations/massive-cyberattack-targets-moneywebs-banxso-articles
- https://citywire.com/za/news/the-fsca-is-probing-banxso/a2440800/
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
Maltego 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.
Escalate This Case
Learn All About Fake Copyright Takedown Scam
Or go directly to the feedback section and share your thoughts
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.
You are Never Alone in Your Fight.
Generate public support against the ones who wronged you!
Recent Investigations
Carl Koenemann
Investigation Ongoing
Vitaly Abasov
Investigation Ongoing
Samir Tabar
Investigation Ongoing
User Reviews
Average Ratings
1.6
Based on 9 ratings
Your review has been submitted.
by: Zoe Reeves
I can’t believe I gave $12,000 to these scammers who swore they were regulated and legitimate, only to find myself fighting to even log into my account, let alone get a single dollar back.
by: Violet Fuller
They promised a low risk trading environment but after I put in $22,000 the platform suddenly malfunctioned during major trades and I lost everything no refund, no explanation, just silence and blocked numbers.
by: Isaac Brock
I invested $15,000 into Banxso believing their promises of expert support and high returns but every withdrawal request was delayed, ignored, or outright denied and now my money is gone along with any hope of recovery.
by: Levi Gray
This platform is designed to drain your wallet, not grow it. Stay far, far away!
by: Penelope Peterson
They make trading seem easy, but the reality is they stack the odds against you from day one.
by: Thomas Torres
Customer support is conveniently 'unavailable' when you try to cash out. What a joke!
by: Zoe Ward
They lure you in with flashy promises, but the only thing booming here is their bank account, not yours
by: Caleb Howard
Withdrawal process? More like a never-get-your-money-back process. Total scam. 💸
by: Aria Cox
A glorified gambling platform disguised as a trading site. You’ll lose more than you gain!
Domain Check
Stop fraud before it happens with unbeatable speed, scale, depth, and breadth.
Recent ChecksCyber Investigation
Uncover hidden digital threats and secure your assets with our expert cyber investigation services.
Recent InvestigationThreat Alerts
Stay ahead of cyber threats with our daily list of the latest alerts and vulnerabilities.
Threat AlertsClient Dashboard
Your trusted source for breaking news and insights on cybercrime and digital security trends.
Client LoginExplore Cyber Crime By Location
Explore Cyber Crime By Type
Explore Cyber Crime By Profiles