Forex Peace Army Scam
Dmitri Chavkerov Forex Scam Artist!

Forex Peace Army Scam

Warning To All Forex Traders

The website is nothing more than a front for fraudulent activities. They claim to offer impartial and honest reviews of Forex brokers, but in reality, they are just out to make money by defrauding innocent people.

Dmitri Chavkerov: A Forex Scam Artist

Dmitri Chavkerov is a self-proclaimed Forex guru who has been accused of running multiple Forex scams. He is said to have been convicted of fraud multiple times, and his name is often associated with scams.

Chavkerov is the founder of Forex Peace Army, a website that claims to help traders find legitimate Forex brokers. However, Forex Peace Army has been accused of being a scam itself. The website has been criticized for its lack of transparency and its use of fake reviews.

In 2015, Chavkerov was arrested in Cyprus on charges of fraud and money laundering. He was released on bail, but the charges against him are still pending.

Chavkerov is a dangerous individual who should be avoided at all costs. If you are considering investing in Forex, do not do business with Dmitri Chavkerov or any of his companies.

Here are some tips for avoiding Forex scams:

  • Do your research before investing in Forex. There are many legitimate Forex brokers out there, but there are also many scams.
  • Be wary of any Forex broker that promises easy money or guarantees of success.
  • Never give out your personal or financial information to anyone you do not know and trust.
  • If you think you have been scammed, contact your local authorities and file a complaint with the Forex industry regulator.

Is Forex Peace Army Legit?

Forex Peace Army is a popular website that claims to provide unbiased and honest reviews of Forex brokers and services. It also has a forum where users can share their opinions and experiences with different Forex providers.

But can you trust Forex Peace Army when it comes to choosing a Forex broker or service? Well, not really. In fact, Forex Peace Army is a scam website that is run by Dmitri Chavkerov, a notorious affiliate marketer who makes money by promoting certain Forex brokers and products through his fake review site.

How does Forex Peace Army scam people?

Forex Peace Army uses several tactics to scam people who are looking for reliable information on Forex trading. Here are some of them:

  • It posts fake or negative reviews about Forex brokers and services that are not affiliated with it, and then demands money from them to remove or change the reviews.
  • It posts positive reviews about Forex brokers and services that pay it commissions or fees for referrals, even if they are not good choices for traders.
  • It publishes fake reviews written by paid employees or agents of certain Forex providers, who praise their own products and services while criticizing their competitors.
  • It offers free education and trading tools for traders, but they are either worthless or harmful, as they are designed to lure people into signing up with its affiliated brokers or products.

How can you avoid Forex Peace Army scam?

The best way to avoid Forex Peace Army scam is to ignore it completely. Do not trust anything that it says or writes, and do not use any of its products or services.

Instead, you should do your own research and due diligence before choosing a Forex broker or service provider. You can use reputable and trustworthy sources of information and reviews, such as forums, blogs, social media, or independent websites.

You should also educate yourself on how to trade Forex properly and safely. You can learn from reputable and experienced traders or mentors who have proven track records and positive feedback from their students or clients.

There are plenty of legitimate ways to make money with Forex if you are willing to put in the time and effort. Don’t let yourself be fooled by Forex Peace Army or any other scam website that claims to have the best advice or recommendations.

New Warning For Traders

After mounting pressure on Dmitri Chavkerov and Rob Grespinet of and Forex Peace Army, which is just one site in a long string of failed forex sites by these two bozos, they have closed KFS down for good and moved on to a new site at where they want you to give them at least $35,000 just to be apart of this new scheme, and since they received so much criticism over doctoring the performance reports on KFS, they now say “Our performance is private information and will only be shared with qualified clients.” Be Careful!

And Here’s a BIG ONE…!

Another one of their new sites went up,, was started again by Dmitri Chavkerov and Claude Grespinet. Here we see the same old, tired, recycled photo of Rob smoking a cigarette and tired old bragging about Rob’s supposed 750,000 euros Credit Suisse salary, along with additional garbage about Dmitri Chavkerov’s again supposed successful life, but of course, they again fail to add information on their sites about the long list of failed services and sites that have been closed down. So what’s the catch with this one? Before reading any further, please make sure you have preempted your bowls. For this one, they want you to give them control of $10,000,000—yes, that’s ten million US dollars—and they want you to send it to an offshore account.

A word of caution: if you are a U.S. citizen, DON’T EVER send any money to an offshore bank account and give someone else control over your funds. There are plenty of legitimate money managers in the U.S. who are federally regulated.


Links To Forex Peace Army Opinions And Reviews

ALERT! – 11/30/07

Dmitri Chavkerov was busted by I.C.E. agents on 11/30/07.
He is also not an American citizen.
United States District Court Documents

Below is the actual government complaint against Dmitri’s girlfriend, Yuliya M. Kalinina; in the interview, she admits he is not a U.S. citizen, and in his interview (pg. 12), he admits he had knowledge of and willingly took part in this fraud against the United States of America.

Also, note that Dmitri is not the big-shot Forex mogul he tries to make everyone believe he is; he runs his little operation from the coffee table of his law-breaking girlfriend’s apartment.

Official Criminal Complaint Documents (PDF) –Case NO 07-1636M-1

ICE – Press Release- Busted in Marina Del Rey, CA for Marriage Fraud

CNN VIDEO – CNN Story On Just How Foolish They Were

L.A Times Story – About Dmitri and Yuliya’s Fraudulent Scheme

Forex Peace Army – – Claude Robert Grespinet “Pump and Dump Scammer”


Yuliya Mikhailovna Kalinina, Found Guilty – The Dmitri Chavkerov investigation is next on the Fed’s list…

Feb 5, 2008, 10:08 PM – AP

LOS ANGELES – A Russian woman who paid a man to get a green card and remain in America was convicted of marriage fraud on Tuesday.

Yuliya Mikhailovna Kalinina, 25, was found guilty of one count of aiding and abetting after a one-day bench trial presided over by U.S. District Judge John Walter.

“The evidence, in this case, is just overwhelming,” Walter said.
Kalinina faces up to five years in federal prison when sentenced on April 28.

Last month, Benjamin Claude Adams, 30, pleaded guilty to two federal felony charges of marriage fraud and making a false statement. He faces up to 10 years in prison at his April 7 sentencing. Prosecutors said Adams, an American, met Kalinina in January 2006 after responding to an online ad offering prospective husbands up to $15,000 to marry her. The advertisement reportedly cast the arrangement as a “Green Card Marriage.” Kalinina testified during her trial that she didn’t know “green card marriages” were illegal.

“If I knew, I’d never have posted that ad,” she said.

Adams and Kalinina wed the next month in a ceremony performed by Kalinina’s live-in boyfriend, Dmitri Chavkerov, an ordained minister of a Web-based church, prosecutors said. Adams and Kalinina were arrested in November at their homes by immigration agents. Kalinina also testified she tried to get married once before illegally. She said about one year after her visa expired in 2003, she traveled to Las Vegas with friends to the wedding of a man to whom she agreed to pay $1,000 for the bogus marriage. However, she had the marriage annulled after the man began demanding more money.

11/5/07 – Our company recently received a threatening email from Dmitri Chavkerov of Forex Peace Army, threatening to call the FBI and Police on our operating manager, and displaying his home address and social security number, which he threatened to post on his fake review site, now Forex Peace Army. 

11/6/07 – We will be launching a new site, It will be a site maintained by traders to debunk what, in our opinion, are false claims, bogus signal services, IB relationships, and manipulated rating systems.

12/11/07 – We posted the official US Government record and PDF of the complaint by the government of Dmitri Chavkerov of Forex Peace Army being busted on November 30, 2007, along with his girlfriend Yuliya Kalinina. We also noticed on Dmitri’s forum that his posters are complaining about him not being around and being on a supposed extended vacation. 

12/12/07 – It appears Dmitri is up to his little tricks again; apparently he is posting on his forum under a different name (Upright Pip) that we are a scam and somehow connected to I challenge him or anyone else to find any connection between our company and that company (Centralpips); you will not find one. Here is a quote from an email we received from him.

Your business. I’ll be quite frank with you. I have some information to believe that you were behind, which was a scam, but I am not sure about it.

The problem is that he will not show what this so-called information is. So, Dmitri, why don’t you please show the world this information?

12/26/07 – Just put a new link up above titled “What Happened to Felix Homogratus?” When reading this article, something stood out: the statement, “It’s sad too that anyone who speaks out against Felix by posting an opinion of his services online gets greeted with emails of how the FBI is going to come and get them.” Oddly enough, this is what he did to us, threatening to phone the FBI and local police if he received one negative review on his fake review site, Forex Peace Army.