Fighting online scams since 2013 Tue, 16 Oct 2018 16:12:59 +0000 en-US hourly 1 DANGEROUS SCAM: D&B Bank review Tue, 16 Oct 2018 16:11:44 +0000 D&B Bank websiteIn this review we explain why D&B Bank is such a dangerous investment scam.

D&B Bank claims to be the largest financial services group in Norway. It offers several savings accounts / investment plans with returns up to 12% daily for 15 business days, which means 240% per month.

Is this a legitimate opportunity to get a passive income?

D&B Bank scam

Investment plans are ridiculousNo, you won’t make any money with D&B Bank, because it is a scam. You don’t even need to investigate the background of this company to know it.

Because 240% per month is an absolutely ridiculous number. Only scams can offer something like this. No bank or any other legit company can promise such numbers. That is just economic reality.

Fake bank

Not the real companyThe dirty and dangerous trick that D&B Bank uses is its name that is similar to a real Norwegian bank called DNB Bank. D&B Bank even shows the registration information of DNB Bank.

But let us make this absolutely clear, D&B Bank is a scam that has nothing to do with the real DNB Bank!

Scammers chose a similar name on purpose, this is pure identity abuse.

Ponzi scheme

The truth is that D&B Bank is a standalone scam, a Ponzi scheme. Its only purpose is to collect money from people.

Scammers might pay some interests for a few days just to attract more investors into the system, but very soon they will close the whole thing down and disappear with all the money.


D&B Bank is a scam that has nothing to do with the real bank, stay away from it!

If you want to make money in investing, start learning on a free demo with a regulated broker.

Be patient and don’t switch to trading with real money until you have a proper strategy and understand the risks.

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WARNING, PokeCoin is a scam – review Mon, 15 Oct 2018 15:16:21 +0000 PokeCoin official websiteIn this review we expose the Poke Coin investment scam. is an investment website that lets you deposit bitcoin and promises you to pay you interests.

There are several investment plans, you can get up to 24% net per day. This means doubling your money approximatively every four days. Is it possible?

PokeCoin scam

Absurd plansNo, it is not possible to double your money every four days, not even every month. There is no legit business in this world that could do that long term.

Only Ponzi scheme display such outrageous plans, because they are scams. PokeCoin is a scam that will just take your money and you will be very lucky if you get at least a part of it back.

These scam schemes just collect deposits and redistribute some of them on withdrawals, but then they quickly collapse because they are not generating real revenues.

Fake company

No real companyPokecoin is a company registered in the UK, but only for tax purposes. So, it is just an empty box with a name that was created just one month ago.

The Pokecoin company is not registered with the FCA, therefore it is not authorized to provide the investment services it is offering.


PokeCoin is a Ponzi scam that will absorb a lot of money, stay away from it!

If you want to see what kind of profits are realistic in trading, try a free demo with a regulated broker.

On the demo you can learn to trade profitably and see what it takes to make real money.

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BEWARE of GDM Finance SARL – review Mon, 15 Oct 2018 09:03:20 +0000 GDM Finance SARLIn this review we have a look at a Swiss company GDM Finance Sarl and we highlight the problems we found.

GDM Finance SARL is a company focused on asset management, investment consultation and finance and taxation consultation. So, it is providing investment services and advice.

The company is based in Geneva, Switzerland. The average return on capital the company is achieving allegedly is more than 20% per year.


We made a researched about GDM Finance SARL and found the following problems.

No licence

GDM Finance SARL is clearly providing investment services and that is a regulated activity not only in Switzerland. It requires a licence from the national regulator in Switzerland, which is FINMA.

The problem is that GDM Finance SARL is not authorized by the FINMA to provide investment services. It is a company that is not regulated.


The teamThe website of GDM Finance SARL says that Gianni Di Martino is the chairman, but according to the Swiss register Zefix he no longer is in that position, he resigned in April 2018.

The new chairman is Antonius Kristanto from Indonesia and the new “gérant” is Jonathan Curci. But the GDM Finance SARL website does not mention these names.

No phone numberInstead the website shows Joe Almond as chief investment officer and David Kane as chief executive officer.

And here comes another problem, it is impossible to find any online information about these two men, despite their alleged careers at big companies like Goldman Sachs, Merrill Lychn, Barclays and Credit Suisse.

This is very strange and to us it seems that Joe Almond and David Kane are fictitious persons.

Want to contact the company to verify their credentials? Very hard, since they don’t provide any phone number, just an address. And of course no regulatory information.


GDM Finance SARL is not regulated and there are some red flags about people allegedly running the company. We recommend extreme caution when dealing with it.

As always, if you do want to do your own trading and not rely on dubious third parties, start learning on a free demo account with a regulated broker.

Don’t forget that trading can bring you not only profits, but also losses, so be careful.

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SIMPLE SCAM: CoinPay Hour review Fri, 12 Oct 2018 14:35:13 +0000 Coinpay Hour official webIn this review we examine Coinpay Hour and reveal that it is an investment scam.

Coinpay Hour supposedly is a crypto investment company funded by a group of hedge fund traders.

The company is offering three different investment plans with returns up to 10% per hour, which means 240% per day. Can it be so?

CoinPay Hour

Trading plansCoinpay Hour is such an obvious scam that it probably already collapsed by the time we are publishing this review.

We hope that everybody knows that 240% per day is impossible to achieve in any legal activity, crypto trading is not an exception. The best traders in the world won’t even approach this kind of profits, that’s just a fact.

This means that CoinPay Hour is a scam. It is a Ponzi scheme that hopes that it will attract many new investors, which would allow it to run for a few days and use new deposits to pay withdrawals.

But no matter the time it will last, it will collapse in the end, because it is a scheme doomed to fail.

Fake company

Illegal companyCoinPay Hour displays a tax registration from the UK that means nothing. It is just a few days old and almost anybody can get such a document.

The important thing is that CoinPay Hour is not registered with the FCA, so it cannot legally offer investment services. So it is an illegal scheme and illegal service.


CoinPay Hour is a scam that is going to quickly collapse due to its nature and absurd plans. Stay away from it.

If you want to see what kinds of profits are achievable in crypto trading, try a free demo account.

On the demo you can learn to trade and prepare yourself for possible trading with real money.

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CLOUD SCAM: HourCycles review Fri, 12 Oct 2018 13:58:43 +0000 HourCycles websiteThis review explains that HourCycles is a scam, and not a crypto mining program.

HourCycles claims to be the number 1 cloud mining platform. This means that it is supposed to have mining hardware that you can rent for mining cryptocurrencies and get the profits.

Profits you can get go up to 332% net daily, which means that you could more than quadruple your money every day. Really?

HourCycles scam

Investment solutionsUnfortunately, HourCycles is a scam that has nothing in common with real crypto mining. There is no crypto hardware, no real company, nothing, just an illegal financial scheme.

You should see it by yourself, because 332% in interests daily is absolutely absurd, totally impossible in real world economy. Anybody offering this kind of number is a scammer, there is no other possibility.

In reality HourCycles is a typical Ponzi scheme that will just collect money and maybe redistribute some of it during the first hours or days before the entire schemes collapse because of a lack of new money coming in. This is how these schemes always end, a lot of people lose a lot of money.

HourCycles is of course illegal, there is no company behind it licensed to provide investment services. It is anonymous for a good reason, people who run it are prepared to run with the money they collect.


HourCycles is a scam, a Ponzi schemes that can only collapse, it is just a matter of time. Stay away from it!

Crypto mining is barely profitable nowadays, but you can try crypto trading instead. See on a free demo how it works and what the possibilities are.

If you decide to switch to trading with real money, be careful, because you can win, but also lose.

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BEWARE of 1000pip Builder – review Thu, 11 Oct 2018 15:02:54 +0000 1000pip Builder official webIn this review we explain why you should stay away from 1000pip Builder Forex signals.

1000pip Builder is a Forex signals service. You are supposed to pay $97 per month to get signals that allegedly can make you thousands of pips per year, no matter the market conditions.

These trading signals are allegedly generated by trading professionals. Really?

1000pip Builder problems

We examined the offer and found several red flags.

Results not verified

No valueThe 1000pip Builder presentation claims that trading results of these signals are verified, but it is not true.

The link to MyFXbook leads to results of system called Forex Signals, which apparently has nothing to do with 1000pip Builder.

But even if it was connected, it is a system that was active only for a few weeks, it made only 44 trades in May 2018. So really not something you could rely upon.

Dubious testimonials

No reviews1000pip Builder features some generic testimonials, there are no photos, no real names, nothing that would allow you to verify they are true.

We strongly doubt that these testimonials are real.

1000pip Builder also claims to have a 5 star rating on, but it appears to be a rating made by the person who listed the program on that website. Real users have not reviewed it, as you can see on our picture!

Anonymous and illegal

1000pip Builder is a completely anonymous service, there is no information about the person who runs it. Moreover the links to Terms & Disclaimer is not working.

Selling trading signals is considered as selling investment advice, which is a regulated activity. You need a licence to sell them legally. But 1000pip Builder obviously is not licensed, it is an illegal investment service.


1000pip Builder is an anonymous service with results that cannot be verified, therefore we recommend staying away from it.

Making money in trading is not as easy as blindly following signals that cost a few dollars per month. It requires learning from your part. You can start learning on a free demo with a regulated broker.

Don’t forget that in trading you can make, but also lose money, so be careful.

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DTX UniTrade with a fake address, GO Forex Group banned Thu, 11 Oct 2018 08:04:20 +0000 Authorities from the UK and US have taken steps against two unregulated investment services.

UK’s FCA has published a warning against the crypto broker DTX UniTrade (DTX Markets), because it provides a fake British address.

Moreover, the FCA believes that DTX UniTrade is providing services that are subject to regulation, but the broker has no licence.

Authorities in the US have identified GO Forex Group as an illegal investment service, that is offering unreal returns up to 1200% after 21 days.

A court in Texas has issued a cease and desist order to GO Forex Group.

For your trading use regulated brokers only.

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FANCY SCAM: I-Forex review Wed, 10 Oct 2018 14:34:16 +0000 I-Forex official websiteThis review explains that I-Forex Group Limited is an investment scam that is going to lose a lot of money.

I-Forex Group pretends to be a company of experts in the investment field. They offer several investment plans to the general public with returns up to 80% net after 20 days, which is 120% in one month.

Is I-Forex a legitimate investment opportunity?

I-Forex scam

Fake plansNo, I-Forex is not a legitimate investment opportunity, it is a scam. It again is primarily about the numbers, because no legit investment business can make you 120% net on your investment per month, it’s just economic reality.

This basic knowledge is all you need to understand that I-Forex is a scam. There is no other possibility.

Fake company

No necessary licenceI-Forex Group shows a company registration from the UK. While the registration is not fake, it is only a few days old and it is only a tax registration.

As you can see on our picture, I-Forex Group doesn’t have an authorization from the FCA that is needed to provide investment services.

How it really works

I-Forex is designed as a Ponzi scheme. It will collect deposits from people and maybe redistribute some of the collected money on withdrawals.

But such a scheme always collapses, because quickly will come the day when withdrawals exceed deposits.


I-Forex is a Ponzi scam, it will collapse and take a lot of money with it. Stay away!

If you want to make money in trading, start learning on a free demo with a regulated broker.

You will have to build a profitable strategy and then you can start investing real money.

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TERRIBLE SCAM: Bitcoin Evolution review Wed, 10 Oct 2018 07:57:39 +0000 Bitcoin Evolution official websiteThis review proves that Bitcoin Evolution is a scam that can only lose your money.

Bitcoin Evolution supposedly is a trading app based on an algorithm that wins 99.4% of trades on cryptocurrencies.

The offer is simple, this miraculous software is free, so you are supposed to believe that it will make you a millionaire quickly and for free.

Bitcoin Evolution scam

We hope that you don’t believe the lies of Bitcoin Evolution, you just need common sense to realize that nobody will make you a millionaire for free, so this program is a scam.

No trading software can win 99.4% of trades, it is simply impossible. This is another giveaway that Bitcoin Evolution is a scam.

Fake reviews

Reviews are fakeOn the Bitcoin Evolution website you will se testimonials that are supposed to prove that the program is really profitable. But all these reviews are fake.

As you can see on our picture, scammers used stock photos, all the stories are fake, created by scammers who run the program.

Cloned scam

A cloned scamThe reality is that Bitcoin Evolution is just a clone of the Bitcoin Trader scam.

Take a look at our picture to see that their websites and videos are exactly the same, only the name has changed.

A lot of people already got scammed by this program, so don’t be another one.

How it really works

All these scams work the same way, Bitcoin Evolution is not free, they will say that you have to deposit at least $250 with a broker they selected for you.

The broker will be unregulated. Scammers who run the program have partnered with the broker and steal money from people. If you let their software trade with your money, you will lose it very quickly.


Bitcoin Evolution is a cloned scam, we know that it is losing money, stay away from it!

If you want to try crypto trading to make money, start risk free on a free demo with a regulated broker.

You will see how it works and you can start building a strategy for real trading. But don’t forget that in trading with real money you can win, but also lose.

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CLEAN SCAM: FXmarthub review Tue, 09 Oct 2018 14:36:07 +0000 FXMartHub official websiteIn this review we explain that FxMartHub is just a scam that is designed to take your money.

Fxmarthub website claims that there is company behind it that is involved in international investment and financial assets management.

The company offers six investment plans with returns up to 500% after 6 days, deposit included. This means 66.7% net per day, which is 2,000% per month. Do you see where it is going?

FXmarthub review

Investment plans are not realWe always say that with most investment scams you just need to look at the numbers to see the true nature of an offer.

2,000% per month is so absurd that it is screaming scam! No business in this world can multiply your money 20 times every month, it’s just impossible.

FXmarthub is a scam, there is no other possibility. It looks like a Ponzi scheme that might pay profits for a few first days, but with such ridiculous plans it might not pay at all.

In any case don’t invest your money with it, because it is a sure loss.

There is no real company behind FXmarthub, no real business activity, just a scam.


FXmarthub is a scam that just wants your money, it cannot earn you any profits, stay away from it!

If you want to try genuine trading, start on a free demo with a regulated broker and you will see what profits are really possible.

You have to learn trading and build a profitable strategy before switching to trading with real money.

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