Forex Exposed

TheForexGuy.com Scam: Fraud, Lies, Misdirection and Other Scandalous Activity

October 24, 2014May 20, 2014 by Steve

TheForexGuy.com Scam is quite an interesting tale involving fraud, lies, misdirection and other scandalous activity perpetrated by one Dale Woods, aka ‘Graham Blackmore’, aka ‘The Forex Guy’. Before I start though it’s essential that you remember how the classic scam artist and fraudster operates when cornered. The ‘art’ of misdirection has been used by magicians, pickpockets … Read more

Forex Mentor Pro: Scam or Legit?

January 20, 2017January 5, 2017 by Steve

I recently came across a Forex mentoring service called Forex Mentor Pro, and wanted to write a short article that addresses the question, ‘Is Forex Mentor Pro a scam’. The short answer is no, this course is definitely not a scam, and here are the reasons why. If you look in the dictionary and read … Read more

2015, The Year of the Rat!

February 4, 2015 by Steve

Well it’s a new year and it seems somebody has decided to turn over a new leaf. It’s finally happened! The rat has crawled out from underneath his hiding place.

It had to happen eventually and over a year after being ‘outed’ by this site, Dale Woods, aka Graham Blackmore, aka The Forex Guy, has actually admitted his true identity.

Whether it was pressure from this site or the fact that way too many people new that he was using a fake identity, who knows. Whatever the reason for his sudden change of heart, it’s good to see that he’s finally putting his name on his site and owning it.

I’m sure the Australian tax man will find it beneficial as he will now be able to claim his pound of flesh. Because Dale Woods is using his real name he will have to pay taxes on his ‘forex educator’ earnings. Something that he was able to avoid for years by using his alias of Graham Blackmore.

No doubt this post will illicit more death threats from Dale Woods and/or his cronies, but I really don’t care. It’s just good to know that he can no longer hide and act like the rat that he is.

When the Going Gets Tough, the Guilty Run and Hide

May 28, 2014May 24, 2014 by Steve

Last week I exposed the fraudulent activity of Dale Woods and revealed how he has been extracting money from unwitting newbies for years via his website theforexguy.com. His initial reaction to having his fraud uncovered was to try the classic con-artist defence of lies and misdirection but when that didn’t work he decided to do the next best thing… run and hide!

If you read the previous article then you will have seen how Dale Woods tried to respond to the facts I revealed about him by posting a lame attempt at a response on his private forum. He posted it there rather than on a public forum because he thought he would be able to control the flow of information. To control what was being said and to limit any more damage being done to him and his criminal activity.

But in an astonishing display of arrogance and stupidity he mistakenly assumed that all of his members would simply accept his nonsense responses as fact. After 3 pages of sycophantic adulation a few of his members started to ask some uncomfortable questions.

They started to ask him to explain about his pitiful live trading account and to show proof to dispute the facts that had come to light. There were at least two direct requests from members that had paid him $249 to see proof of a live trading account and give evidence that it was actually much higher than the $3000 like he was claiming it was.