Dogxem.com has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to MWR Financial. We’ve received over 6 complaints against Dogxem.com.
Dogxem.com is notorious in the cryptocurrency sphere for being a fraudulent trading site, masquerading as a legitimate platform while engaging in deceitful activities. Widely criticized and deemed “Untrustworthy” by cybersecurity experts, the site is accused of scamming users through fake celebrity endorsements and misleading promotions. Its operations, lacking any regulatory oversight, pose significant risks to investors, highlighting the importance of verifying the legitimacy and licensure of financial service providers.
Get Your Money Back From These Scammers!
[mychargeback-form]
Key Takeaways
Is Dogxem.com Regulated? Do They Have a License?
Dogxem.com is well-known as a controversial figure in the world of cryptocurrencies, mostly for being a fake trading site. Multiple online safety and cybersecurity groups are very worried about this website’s use of social media to promote itself, which has led to a close study and analysis by these groups.
The main charges against Dogxem.com are that it is a scam website. It has been linked to dishonest activities related to selling cryptocurrencies. This website has been marked as “Untrustworthy” by security experts because it has many problems and uses misleading methods.
A bad reputation for the platform is also caused by its links to spammers and fake websites. Most people who work in internet security think that the site is trying to scam its users.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Dogxem.com is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Dogxem.com, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Concerning Issues Present at Dogxem.com
As one example of its dishonest tactics, Dogxem.com advertises itself as a trustworthy cryptocurrency trading site while actually planning a number of schemes to trick its users.
As part of these schemes, people make false claims about their credibility, advertise unlikely ways to make money, share questionable company information, and demand cryptocurrency payments to make it harder to track down and more difficult to get your money back.
It has also been linked to using fake celebrity endorsements and partnerships to make the site look real.
Several sites that deal with cybersecurity and internet safety have warned people about the dangers of Dogxem.com. These sites have explained that the site is fake by listing all of its dishonest activities and telling users to be careful.
They point out that the site has a very low trust score and tell potential users to check any cryptocurrency-related claims with reliable sources to avoid getting scammed.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Dogxem.com Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
Dogxem.com Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Dogxem.com tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Dogxem.com reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Dogxem.com, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Dogxem.com enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Dogxem.com reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Dogxem.com.
You should always look out for consumer complaints. In the case of Dogxem.com, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Dogxem.com? You can share your complaint in the comment section or submit an anonymous tip.
Is Dogxem.com Legit Or a Scam?
Many cybersecurity experts and scam advice groups have looked over Dogxem.com carefully and warned people not to use it. There is no doubt that Dogxem.com is a scam that is meant to trick people who want to trade in cryptocurrencies.
To avoid falling for scams like Dogxem.com, people who want to use cryptocurrencies should be very careful and get information from trustworthy sources before they start using them.
Dogxem.com is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Dogxem.com can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Dogxem.com?
All the evidence suggests that Dogxem.com is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is Dogxem.com a scam?
Can I withdraw money from Dogxem.com?
Where is Dogxem.com Located?
How do I get my money back from Dogxem.com?
How The Dogxem.com Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
