CyberCriminal.com

Laetitude

We are investigating Laetitude 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 : Laetitude

ALLEGATIONS : Perjury, Fraud, Impersonation

INCIDENT DATE : July 15, 2024

INVESTIGATED BY : Ethan Katz

TOOLS USED : Lumen, SecurityTrails

CASE NO : 0278/A/2024

CRIME TYPE : Intellectual Property Scam

PUBLISHED ON : 26 Nov 2024

Laetitude
Due Diligence
Get everything we know about Laetitude in one downloadable PDF document
Is This About You?
We encourage you to share details of the actual perpetrators and get your story straight.

What We Are Investigating?

Our firm is launching a comprehensive investigation into Laetitude 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 Laetitude - 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

Laetitude, a Dubai-based multi-level marketing (MLM) company, has recently come under intense scrutiny due to a series of allegations and adverse reports that have significantly tarnished its reputation. The company, which offers cryptocurrency trading bots and investment opportunities, is accused of engaging in deceptive practices that have led to substantial financial losses for investors.

Allegations and Red Flags

  1. Association with Previous Scams: Laetitude’s founder, David El Dib, has been linked to the notorious BitClub Network, which defrauded investors of over $722 million. This association raises concerns about the legitimacy of Laetitude’s operations.
  2. Opaque Ownership and Operations: The company operates through Spring7 FZ LLC, a shell company registered in the United Arab Emirates. This opaque structure leaves potential affiliates uninformed about critical decision-making processes, leading to concerns about transparency and accountability.
  3. Recruitment-Focused Business Model: Laetitude’s business model emphasizes recruitment over the sale of tangible products or services. Such a structure often results in profits for top-tier affiliates, while the majority incur financial losses, a hallmark of pyramid schemes.
  4. Suppression of Negative Information: Investigations have revealed that Laetitude has attempted to conceal critical reviews and adverse news by improperly submitting copyright takedown notices. These actions, which may involve perjury, fraud, and impersonation, suggest a deliberate effort to manipulate public perception.
  5. Unrealistic Investment Promises: The company promotes its crypto trading bots as capable of delivering significant returns through unique algorithms. However, the lack of transparency regarding their trading strategies and the promise of high returns with little to no risk are commonly associated with fraudulent schemes.

Reputational Impact

These allegations have severely damaged Laetitude’s reputation, painting it as a deceptive entity within the cryptocurrency and MLM sectors. The association with past scams, lack of transparency, recruitment-centric model, suppression of criticism, and unrealistic promises have collectively eroded public trust.

Motivation for Content Removal

Given the damaging nature of these reports, Laetitude has a vested interest in removing such content to:

  1. Protect Brand Image: Eliminating negative coverage could help restore a favorable public perception, which is crucial for attracting and retaining investors.
  2. Maintain Recruitment Levels: As the business model relies heavily on recruitment, sustaining a positive image is essential to entice new participants.
  3. Avoid Regulatory Scrutiny: Reducing the visibility of adverse information might help evade further regulatory investigations and potential legal actions.

In pursuit of these objectives, Laetitude has allegedly resorted to unethical or illegal methods, such as submitting fraudulent copyright takedown notices to suppress unfavorable content. These actions not only violate legal standards but also raise ethical concerns about the company’s commitment to transparency and integrity.

In conclusion, the serious allegations against Laetitude, including its association with previous scams, opaque operations, recruitment-focused model, suppression of negative information, and unrealistic investment promises, have significantly harmed its reputation. The company’s attempts to remove damaging content, even through potentially illicit means, underscore a desperate effort to salvage its public image amidst growing scrutiny.

  • https://lumendatabase.org/notices/42943789
  • https://lumendatabase.org/notices/43053933
  • July 15, 2024
  • July 10, 2024
  • [REDACTED]
  • [REDACTED]
  • https://widequasar.exposure.co/laetitude-review-bitclub-network-scammers-launch-ponzi
  • https://behindmlm.com/mlm-reviews/laetitude-review-bitclub-network-scammers-launch-ponzi/

Evidence Box

Evidence and relevant screenshots related to our investigation

Targeted Content and Red Flags

Behindmlm

Laetitude Review: BitClub Network scammers launch Ponzi

  • Red Flag
Visit Link

Behindmlm

Laetitude and Swapoo are having wallet and bot problems

  • Adverse News
Visit Link

Intelligenceline

Laetitude and Athene Network: 10 MLM Dangers That Are Ruining Investors’ Lives

  • Adverse News
Visit Link

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
Please enable JavaScript in your browser to complete this form.
Checkboxes

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!

User Reviews

Website Reviews

Stop fraud before it happens with unbeatable speed, scale, depth, and breadth.

Recent Reviews

Cyber Investigation

Uncover hidden digital threats and secure your assets with our expert cyber investigation services.

Recent Investigation

Threat Alerts

Stay ahead of cyber threats with our daily list of the latest alerts and vulnerabilities.

Threat Alerts

Client Dashboard

Your trusted source for breaking news and insights on cybercrime and digital security trends.

Client Login