Red Flags
15
Harry Lazarides
Quick summary on Harry Lazarides
Harry Lazarides, a prominent figure associated with IronFx and Banc de Binary, has been implicated in several concerning practices. Below are five key negative points, each with two subpoints:
Fraudulent Activities and Predatory Practices
Customer Fund Withdrawal Issues: Numerous IronFx customers have reported significant difficulties in withdrawing their funds, raising concerns about the company’s financial integrity.
Misleading Investors: Banc de Binary faced fines and regulatory actions for providing misleading information to investors, contributing to a loss of trust and financial harm to clients.
Censorship and Information Suppression
Legal Threats and Takedown Requests: Lazarides and his associates have employed legal threats and takedown requests to remove negative media coverage, aiming to cleanse the internet of any trace of their questionable past.
Public Relations Manipulation: A mix of public relations spin has been used to silence critics and maintain a favorable public image, despite ongoing allegations and legal issues.
Intimidation of Detractors
Discrediting Public Critics: Forum users allege that Lazarides and his companies have attempted to discredit and intimidate individuals who publicly voiced their grievances, deterring others from coming forward.
Ignoring Customer Complaints: There are reports of the companies neglecting customer complaints, further exacerbating client dissatisfaction and mistrust.
Use of Fraudulent Copyright Notices
Fake DMCA Notices: Investigations have uncovered the use of fraudulent DMCA takedown requests to remove critical information from the internet, a tactic aimed at suppressing negative content.
Collaboration with Disreputable Entities: These censorship efforts are often funded by criminal entities and disreputable businesses, indicating a broader scheme to manipulate public perception.
Regulatory Scrutiny and Legal Challenges
Fines and Regulatory Actions: Banc de Binary has faced fines and regulatory actions for misleading investors, highlighting ongoing legal challenges.
Class Action Lawsuits: There are reports of class action lawsuits being initiated against Banc de Binary, indicating a collective legal response from affected clients.
by: Jenna Henderson
Harry Lazarides? That dude? I wouldn't trust him with a dime, seen too many bad stories.
by: Danielle Perry
Seriously, why is this guy not in jail yet? The amount of damage he’s done to people’s finances is insane.
Cons
by: Carter Franklin
It’s not just a bad company, it’s a whole business model built on deceit. First, they scam you, then they silence you.