InsiderMark.net Scam Allegations Fact-checked (2024)

Take Care! Avoid Falling into the InsiderMark Broker Scam, Supported by False Crypto Campaigns!

It’s still common to see misleading ads for questionable cryptocurrency projects like Bit IQ on Google. Scammers use fake celebrity news articles to promote Bit IQ, YuanPay, and other suspicious crypto ventures, claiming they’re a safe and quick way to make money. These fraudulent activities are also targeting potential victims for the InsiderMark broker scam. When you log into Bit IQ, you’re redirected to the InsiderMark payment page. Stay away to safeguard your financial security.

InsiderMark: Important Information

Another Scam Alert: Beware of ITGSolution Broker!

Watch out for ITGSolution, a fraudulent broker flagged by the Spanish regulator CNMV. They claim to be operated by Dev Global LLC, a company registered in St. Vincent & The Grenadines since August 2021. The scam uses payment processors like PraxisPay (accepting credit and debit cards), BP Wallet, and Jeton. It has been active since January 2023, targeting mainly victims in Canada and Europe. Stay away to safeguard your finances.

Key Data

Warning: Federalinter Poses as Ferratum Bank but Is a Fraud!

Beware of Federal Inter plc, a fake company claiming to be regulated by the Malta Financial Services Authority (MFSA). The MFSA has issued a caution regarding this deception. Federal Inter pretends to be Ferratum Bank plc, an MFSA-approved credit company, on its website, tricking people into believing it’s legitimate. However, according to the MFSA, Federal Inter is not registered in Malta and has no license to offer financial services anywhere. This scam targets consumers in eight languages, including English, French, Spanish, German, Italian, and Swedish.

The website www.federalinter-groupe.com looks like Ferratum Bank plc’s site but is not connected to the real company, warns the MFSA. The public is advised to avoid any transactions or dealings with this fraudulent firm.

Key Data

Watch Out for the Federal Inter Scam!

The fake Federal Inter website is designed to trick people into giving away their personal info. When you sign up, they ask for copies of your ID and utility bills to supposedly open a bank account. But the real reason is so scammers can steal or sell your data. With stolen info, they often create accounts on cryptocurrency sites or sign up for payment services. Stay clear of this scam to keep your data safe from theft and misuse. It’ll save you a lot of trouble, time, and money in the long run.

Fake DMCA Notices Used by Insidermark and Other Scammers

Insidermark and other deceitful individuals misuse DMCA notices as a shield to protect themselves from negative information.

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What is the DMCA?

The DMCA, or Digital Millennium Copyright Act, is a law passed in the United States in 1998, based on two international agreements from 1996 by the International Intellectual Property Organization (WIPO). It aims to protect copyrighted material on the internet.

The DMCA makes it illegal to create or distribute tools or services meant to bypass restrictions on accessing copyrighted content, even if no actual copyright infringement occurs. It also strengthens penalties for online copyright infringement.

One important aspect of the DMCA is that it reduces the liability of internet service providers for copyright infringement by their users. This means that they are not held responsible for the actions of their users as long as they follow certain procedures outlined in the law.

Under the DMCA, copyright holders can send notices to websites or search engines if they find content that infringes on their copyrights. These notices, known as DMCA takedown notices, prompt the removal of the infringing content. Google, for example, receives thousands of these requests every year.

However, some individuals and groups abuse the DMCA system by submitting false takedown requests to remove content they don’t like. This includes creating fake news websites to falsely claim ownership of content hosted by legitimate news sources. Sorting through these fake requests poses a challenge for platforms like Google, which receive numerous takedown requests daily.

Real or Fake?

Some people argue that the Digital Millennium Copyright Act (DMCA) is being misused. They say that fake claims of copyright infringement are a big problem with the DMCA. Critics often use short clips from the things they’re criticizing to make their point. This is legal and fair.

But then the person being criticized might file a DMCA takedown notice, saying that the video is using their copyrighted material without permission. These claims are untrue and are just meant to stop criticism and free speech.

Abuse of the anti-circumvention provision

In 2015, Volkswagen used the DMCA in a wrong way to cover up the vehicle emissions scandal. If the DMCA hadn’t stopped people from accessing the program, a researcher who was allowed to use Volkswagen’s software might have found the code that made the cars behave differently during tests.

Impact on Innovation and Competition

In some cases, open-source software projects have used the DMCA to fight against software changes that remove copyright notices. For example, Jonathan Bailey’s Plagiarism Today website claimed that because of the DMCA, Amazon’s Kindle Direct Publishing doesn’t have strong procedures to check for plagiarism and copyright violations before publishing books.

According to Bailey, Amazon doesn’t thoroughly check the books it publishes, and plagiarism isn’t even mentioned in its help files.

This means that almost any book can be published on Amazon without much checking, regardless of its quality or originality. Many people criticize Amazon for not even checking basic things like formatting and layout.

While Amazon does remove content if they receive complaints, until then, they’re happy to sell the books and make money. And legally, they’re protected by the DMCA and other laws, so they don’t have to thoroughly check the books they publish. They can legally produce and sell both physical and digital books, even if they’re plagiarized or break copyright laws.