FSM SMART
We are investigating FSM SMART 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 : FSM SMART
ALLEGATIONS : Perjury, Fraud, Impersonation
INCIDENT DATE : 16 Aug 2024
INVESTIGATED BY : Ethan Katz
TOOLS USED : Lumen, SecurityTrails
CASE NO : 3257/A/2024
CRIME TYPE : Intellectual Property Scam
PUBLISHED ON : 22 Nov 2024
Is This About You?
What We Are Investigating?
Our firm is launching a comprehensive investigation into FSM SMART 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 FSM SMART - 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
FSM Smart a name that once echoed in the corridors of online trading platforms—has now become synonymous with deception and fraud. Initially presenting itself as a legitimate forex and cryptocurrency broker, FSM Smart lured investors with promises of high returns and cutting-edge trading tools. However, beneath this polished facade lay a labyrinth of deceit, manipulation, and aggressive censorship. This report delves into the intricate operations of FSM Smart, exposing the red flags, regulatory warnings, and the concerted efforts to silence dissent.
A Web of Deception
FSM Smart’s operations were characterized by a series of dubious practices aimed at exploiting unsuspecting investors. Clients were enticed with promises of up to 20% weekly returns—a claim that, upon scrutiny, lacked any substantive backing. The company’s trading platforms, while appearing sophisticated, were allegedly manipulated to simulate profits, creating an illusion of successful trading. This deceptive strategy was designed to encourage further investments, only for clients to encounter insurmountable obstacles when attempting to withdraw their funds.
Regulatory Red Flags
Multiple financial regulatory bodies issued warnings against FSM Smart, highlighting its unauthorized operations and misleading claims. The Manitoba Securities Commission (MSC) in Canada cautioned investors about FSM Smart’s unrealistic promises and lack of registration. Similarly, New Zealand’s Financial Markets Authority (FMA) warned that FSM Smart was making false claims about being a registered financial service provider in the country. Switzerland’s FINMA also added FSM Smart to its warning list, noting that the company was not entered in the commercial register despite claiming to be based in the country.
The Censorship Campaign
As negative reviews and complaints began to surface, FSM Smart embarked on an aggressive campaign to suppress dissent. Reports indicate that the company attempted to bury online complaints, employed fake positive feedback, and even intimidated whistleblowers. This orchestrated effort to whitewash their shady past only deepened public mistrust, revealing a culture of deception rather than genuine accountability.
The Human Cost
The impact of FSM Smart’s fraudulent activities extends beyond financial losses. Victims have reported significant emotional distress, with some losing their life savings. The company’s manipulative tactics, including high-pressure sales and fabricated trading results, have left many feeling betrayed and helpless. One investor recounted being promised guaranteed profits, only to find their funds inaccessible and their account managers unresponsive.
Regulatory Warnings and Blacklisting
FSM Smart’s operations have attracted the attention of several financial regulatory bodies worldwide. The Ontario Securities Commission (OSC) in Canada issued a warning stating that FSM Smart Ltd. is not registered in Ontario to solicit investments or provide brokerage services. Similarly, the Autorité des marchés financiers (AMF) in Québec cautioned investors about FSM Smart’s unauthorized activities, emphasizing that the company is not registered to act as a securities adviser or dealer in Québec. Switzerland’s Financial Market Supervisory Authority (FINMA) also added FSM Smart to its warning list, noting that the company is not entered in the commercial register, despite claiming to be based in the country. These warnings underscore the company’s lack of legitimate regulatory oversight and its potential risk to investors.
Deceptive Practices and Investor Complaints
Numerous investors have reported deceptive practices by FSM Smart. Clients were enticed with promises of high returns, only to face obstacles when attempting to withdraw their funds. In one account, an investor described how their withdrawal request was canceled without explanation, and subsequent inquiries were met with vague responses. Another investor recounted being persuaded to invest more money under the pretense of accessing “guaranteed profit trades,” only to find their funds inaccessible later. These accounts highlight a pattern of manipulation and exploitation, where investors are lured in with false promises and then denied access to their own funds.
Lack of Transparency and Offshore Registration
FSM Smart’s lack of transparency is further evidenced by its offshore registration. While the company claims to be based in Switzerland, investigations reveal that it is actually registered in the Marshall Islands—a jurisdiction known for its lax regulatory environment and minimal oversight. This offshore registration allows FSM Smart to operate without stringent regulatory scrutiny, raising serious concerns about the safety and legitimacy of its services. The company’s use of multiple addresses in different countries, including Poland, the Seychelles, and France, adds to the confusion and obscures its true operational base.
Efforts to Suppress Negative Information
In an attempt to maintain its facade and continue its operations unimpeded, FSM Smart has engaged in aggressive tactics to suppress negative information. Reports indicate that the company has attempted to bury online complaints, employed fake positive feedback, and even intimidated whistleblowers. This orchestrated effort to whitewash their shady past only deepens public mistrust, revealing a culture of deception rather than genuine accountability.
Conclusion
FSM Smart’s trajectory from a seemingly reputable broker to a symbol of financial fraud serves as a cautionary tale for investors worldwide. The company’s elaborate schemes, regulatory violations, and attempts to silence criticism underscore the importance of due diligence and skepticism in the investment landscape. As authorities continue to investigate and dismantle such operations, it is imperative for potential investors to remain vigilant and informed, ensuring they do not fall prey to similar scams.
- https://lumendatabase.org/notices/43859629
- https://lumendatabase.org/notices/43825340
- https://lumendatabase.org/notices/43828347
- https://lumendatabase.org/notices/40001358
- https://lumendatabase.org/notices/42682809
- https://lumendatabase.org/notices/42682308
- https://lumendatabase.org/notices/43859629
- https://lumendatabase.org/notices/43834147
- https://lumendatabase.org/notices/43828347
- https://lumendatabase.org/notices/43825340
- https://lumendatabase.org/notices/43800171
- https://lumendatabase.org/notices/43782483
- https://lumendatabase.org/notices/46103240
- Aug 16, 2024
- Aug 15, 2024
- Aug 15, 2024
- Mar 8, 2024
- Jun 29, 2024
- Jun 29, 2024
- Aug 16, 2024
- Aug 15, 2024
- Aug 15, 2024
- Aug 15, 2024
- Aug 14, 2024
- Aug 13, 2024
- Nov 07, 2024
- Clodoveo Gael
- Balindong Corpuz
- Dusty Jackson
- Sara James Corp
- Jhanaja LLC
- Jhanaja LLC
- Clodoveo Gael Balindong Corpuz
- Brady Hill
- Dusty Jackson
- Dusty Jackson
- Courtland Hamlet
- Seward Baggott
- Michael Cooper
- https://nessesaryinvest.blogspot.com/2020/06/fsm-fsm-smart-psp-bpo.html
- https://www.tumblr.com/peakperformance7/758866077966073856/exposing-the-fsm-scheme?source=share
- https://www.tumblr.com/wealthnarratives/758870843630698496/exposing-the-fsm-scheme?source=share
- https://www.northamptonchron.co.uk/news/murder-trial-day-two-man-accused-of-murderingpartner-shouted-im-sorry-ive-killed-her-2338642
- https://wildbluepress.com/jackson-48-hours-interview-true-crime-oregon-murder/
- https://www.tumblr.com/growthandsuccesss/758887984167845888/exposing-the-fsm-scheme?source=share
- https://www.tumblr.com/cashchronicles/758772069366398976/exposing-the-fsm-scheme?source=share
- https://www.tumblr.com/growthedge/758700134052872192/exposing-the-fsm-scheme?source=share
- https://www.tumblr.com/bellaufinansical/766308475494187008/fsm-smart-part-2?source=share
- https://www.forexpeacearmy.com/community/threads/exposing-the-fsm-scheme-fsm-smart-trade12-hqbroker-mtimarkets-mx-trade-et-all.65966/
Evidence Box
Evidence and relevant screenshots related to our investigation
Targeted Content and Red Flags
forexpeacearmy.com
Exposing The 'FSM SCHEME' - FSM SMART, TRADE12, HQBROKER, MTI MARKETS, MX TRADE et all
- Red Flag
montrealgazette.com
Beware of FSM Smart ‘investment scam,’ Quebec securities regulator warns
- Red Flag
financescam.com
FSMSmart: Unmasking a Scheme of Deception and Financial Fraud
- Adverse News
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
Fraser Lawrence Allport
Investigation Ongoing
Egor Alshevski
Investigation Ongoing
Yehor Valerevich Alshevski
Investigation Ongoing
User Reviews
Average Ratings
1.5
Based on 10 ratings
by: Nino Beridze
The polished website and flashy promises mask a business model built on opacity and misdirection. It’s all surface, no spine.
by: Hamza Chowdhury
FSMSmart talks a big game about protecting funds, but with no regulatory clarity, that safety net is imaginary. You’re more protected at a blackjack table in Vegas.
by: Madison Phillips
Another day, another Forex broker preying on hopeful traders. FSMSmart is just another name in the long list of questionable brokers.
by: Brandon Lewis
FSMSmart’s strategy is simple: lure in inexperienced traders with false promises, then make withdrawals a nightmare.
by: Bella Morgan
Bro, this site is a total fraud. They lure u in with big promises but once u deposit, u ain’t seein that money again.
by: Elijah Brooks
Trust me, they are NOT legit. They rig the system, take your money, and leave you helpless. It’s a nightmare!
by: Sophia Carter
If a broker actively tries to suppress criticism rather than address complaints, that’s your cue to run the other way. If give them money Good luck getting your money back from FSMSmart. Traders report endless withdrawal delays and shady excuses.
by: Daisy Whitman
FSMSMART seemed promising at first, but once I started to withdraw funds, things went downhill. They asked for more documents, then kept delaying the process. I waited for months with no success, and now I can’t even get a response...
by: James Ward
My experience was horrible. I invested, made some profit, but when I tried to withdraw, they started giving me nonsense excuses. First, they said I needed to verify my identity, then they claimed my account was under review. Months later,...
by: Anthony Bennett
FSMSmart reeks of a classic unregulated Forex scam big promises, shady operations, and a trail of frustrated traders.
Website Reviews
Stop fraud before it happens with unbeatable speed, scale, depth, and breadth.
Recent ReviewsCyber 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 LoginTrending Suspicious Websites
Cyber Crime Wall of Shame
Recent Cyber Crime Investigations