[Disclaimer: All company names have been changed. I will not respond to personal messages. The evidence I have collected fills a 1TB hard drive. These companies are still trading and new ones have been created by the same owner.]
I worked for a company called RSM that made fake reviews for multiple large unregulated forex brokers. I have decided to break my NDA and have contacted a journalist in the UK to leak the information. I also have a ton of evidence that can corroborate the allegations.
I’m posting today as this practice is still continuing and the one man (Mr DG) behind all of it has become a multi millionaire from lying to forex traders. I am remaining anonymous as I imagine this is going to create a ■■■■ storm. I also have to remain somewhat vague until this story is fully released to the public.
RSM is/was a subsidiary company to a UK based marketing company (let’s call them RSM UK) and has no formal records as a company. The purpose of RSM was ‘soft marketing’ towards potential customers (public) on behalf of their clients (forex brokers).
I was on a team of 30+ employees that were tasked with sending in 200-300 screenshots a week of our work. The work we carried out involved:
- Manipulating social media conversations in favour of our client brokers.
- Creating fake reviews for the brokers.
- Using the names of the brokers en masse to help SEO.
The RSM marketing team obviously targeted social media for the most part, however, we also targeted major forex forums. Those major forex forums where aware of what was happening and would advertise the client brokers as well as allow us to review said brokers favourably. A lot of companies that were advertising the client brokers were aware of these tactics and were most likely paid off.
RSM also had a team that paid for ‘Influencers’ to promote the Client Brokers. The influencer’s work would include:
- Fake reviews of Client Brokers.
- Using client brokers in media (product placement).
- Creating conversations that would favour Client Broker conditions.
Approximately $135,836 was given out monthly between the influencers. The ‘soft marketing’ team were each paid on average $1000-1500 a month so we’ll say $45k for the team conservatively. When viewing the block chain payments, we were all lumped together in a single sum, so I can see that about $250,000 on average was being payed out monthly for the whole RSM team (I can also see that this was part of a broader $1mil package being paid out monthly). The discrepancies in the rest of the money is probably due to:
- Procuring more influencers with one off payments.
- Paying management of RSM.
- One of the managers was stealing from the company (More about him another time).
Why am I explaining about the money?
Well… RSM UK (reminder; not the actual companies name) between 2021-22 declared around £500k in total equity and has 1 employee. They have also lent money to two other businesses (owned by the same person, Mr DG) to the sum of £180k. Profit is barely made, income was listed at around £2,500.
This company was paying out a minimum of $200k a month to RSM in crypto assets for years, all traceable. These sums and any crypto assets were never declared to HMRC as can be seen through public records.
So, Mr DG who owns RSM and RSM UK, also owns quite a few UK based companies. Most of these companies are small fry and work out of some industrial estate (including RSM UK), however, one company we’ll call CYPTO MINING UK is very profitable. In fact, between the years 2021 and 2022 CYPTO MINING UK made, no exaggeration, over £18,000,000. That’s after tax. For reference the company also holds (approx):
- Cryptocurrency assets £22,000,000
- Cash at bank £12,000,000
- Total current assets are £136,000,000
So, where did all the money come from?
Here’s the kicker… Mr DG, who owns RSM UK and CYPTO MINING UK, also owns the Client Brokers.
These Client Brokers are unregulated offshore brokers and are mostly registered to the same offshore address. They take on clients from the EU, UK and US, unofficially, and globally through BTC deposits. These Brokers use manipulative and often fraudulent tactics to entice customers to use their services. There’s no protection for customers if one of these companies collapses. It has happened before, and I know Mr DG has been involved with a broker collapse that led to US based customers loosing all of their deposits.
There’s a lot to unpack here, and it all feels a bit jumbled. I’ll try and answer as many questions as I can, but will have to remain vague until the story is fully released.
Once this has all come out I will be submitting all of my evidence to the relevant financial authorities.
The TL;DR -
I worked for a marketing company owned by Mr DG. Mr DG also owns multiple unregulated forex brokers that he fraudulently promotes to EU, UK and US based customers. The millions he has acquired from these companies has gone into forming a UK based crypto mining company in order to legitimise the money. I have broken my NDA to make the public aware and will be submitting all evidence to the relevant financial authorities.
