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Financial brokers are being extorted for better rankings on networks of fake review sites

Regulated financial brokers and fintech startups operating in Europe have fallen victim to fake reviews and misinformation as part of a well-organized network of fake sites.

Tom Hagler by Tom Hagler
20.03.2022
in News
Financial brokers are being extorted for better rankings on networks of fake review sites
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At least representatives from two of the affected companies have been approached via Linkedin, via a poorly filled out profile, with an offer to assist with the issue of removing or changing the review to a positive ranking.

“These people present themselves as knowing someone who may know someone who can do this,” one of the contacts said on condition of anonymity. – “The asking price is usually a few hundred euros, on a monthly subscription basis. Payment is asked to be made with cryptocurrency to an anonymous wallet.”

All of these sites are copycat, sometimes using different WordPress templates.

Sites like brokersrecomendados.com, brokersdeforexconfiables.com, recommended-brokers.com, nukyreviews.com, and agbreview.com are still available at the direct address and continue to exercise influence over financial brokers who rely on their reputation and reliability to attract and retain customers.

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