FintelegramRevealed launches new website

NICOSIA, Cyprus - Jan. 18, 2023 - PRLog -- Fintelegram Revealed has recently launched a new website. It is dedicated to informing people about online defamation attempts that target sensitive industries.

What is the problem?

Today, almost everyone bases their purchasing decisions on internet searches. Before buying a product or subscribing to a service, we turn to search engines for reviews and social proof. Seeing positive or negative results heavily influences our decisions for engaging with a brand or not.

Not surprisingly, the financial services industry is based on trust. The companies are obliged by law and by code of ethics to be transparent and fair with clients, even more so than any other industry.

Why it matters

The firms in finance spend as much time and effort on their public image as they spend on their operations and innovation. Often, financial firms dedicate entire departments to maintaining excellent customer relations and their brand image.

While this may be seen as a huge down investment, it is the basis for a long-term, healthy relationship with clients. Thus, finance firms are particularly vulnerable and sensitive to defamation. An entire business might collapse if enough 'social proof' is fabricated with sinister intentions.

How it is done

So, how can a legitimate company be a victim of baseless defamation so easily?

Some criminal groups have developed a malicious technique to extort money from other companies.

They start by building a large network of websites and grow their domain authority over time. Consequently, they become top contenders in search results for users who seek honest reviews.

As their next step, these groups contact a business and demand money in exchange for a good review or a directory listing on one of their websites. Sometimes, they simply publish fake negative reviews and wait for the business to contact them.

When confronted, these groups demand victim companies pay extortion money, to remove the fabricated comments and fake reviews from their websites.

An impossible choice

In other words, they take companies hostage, demanding ransom in exchange for removing baseless slanders and name-smearing from their websites and social media.

By fabricating groundless rumors and fake reviews, these criminal groups force honest businesses to pay astronomical fees in exchange for deleting their own lies from their websites.

The accused companies face a harsh dilemma: either pay extortion money or lose potential clients.

What can be done?

Fintelegram Revealed will keep collecting evidence against criminal groups and expose them for everyone's benefit. You can join the cause by sharing the website and its social media accounts.

https://fintelegramrevealed.com