What does our research say about Alexander Horst Riedinger?

Alexander Horst Riedinger has been implicated in several concerning activities, particularly involving fraudulent financial schemes and attempts to suppress negative information about his actions.

FSM Smart Forex Brokerage: Riedinger is associated with FSM Smart, a forex brokerage exposed as part of a boiler room scam network. The company employed high-pressure sales tactics to deceive investors into forex trading, resulting in significant financial losses for clients. Regulatory bodies, including the UK’s Financial Conduct Authority (FCA), Australia’s Securities and Investments Commission (ASIC), and Switzerland’s Financial Market Supervisory Authority (FINMA), have issued warnings against FSM Smart, advising the public to avoid engaging with the firm.

International Fraud Networks: Riedinger is alleged to be involved in a broader network of financial fraud through entities such as Benrich Holdings Ltd. and Upmarkt d.o.o. These companies have been linked to global scams targeting investors across various countries, often operating out of Cyprus and Serbia. Investigations suggest these firms are part of a complex web of shell companies used to launder money and funnel funds into illicit activities.

Suppression of Negative Information: Riedinger has reportedly attempted to conceal adverse news reports and reviews related to his fraudulent activities. Methods include issuing fake Digital Millennium Copyright Act (DMCA) takedown notices to remove negative content from search results. Such actions not only violate legal standards but also draw further attention to his misconduct, exemplifying the “Streisand effect,” where efforts to hide information only amplify its visibility.

Legal Implications: Engaging in these deceptive practices exposes Riedinger to potential legal consequences, including charges of forgery and fraud. For instance, under Florida Statute 831.01, forgery involves altering or counterfeiting a document with intent to defraud, considered a felony in many jurisdictions. Additionally, submitting false DMCA notices constitutes perjury, further compounding legal liabilities.

Given these serious allegations and documented activities, it is crucial for individuals and entities to exercise extreme caution when considering any financial engagements or associations with Alexander Horst Riedinger. Conducting thorough due diligence is essential to avoid potential financial and legal repercussions.