DAVID MARCHANT Offshorealert

INTRODUCTION

Have you seen a picture of David Marchant before? Nobody will deny he is a handsome man. Although he is over 50, he is still looking great. Apart from his looks, have you noticed the unhappiness on his face? Even his videos show a man that has not tasted happiness for a long time. Could that be the reason for his slanderous newsletters? A psychologist carefully examined Marchant and his works and gave a clue on how frustrating his life might have been.

This article explains some of the possible reasons why Marchant finds it difficult to be happy and how he distributes his unhappiness by writing malicious articles about his perceived enemies.

POSSIBLE CAUSES OF MARCHANT’S FRUSTRATION AND DEPRESSION

FINANCIAL EXPECTATIONS

It appears that from an early age, David Marchant had been a very uneasy person. During the interview with Chancery Lane Chats, Marchant called Britain “a very depressing country.” He called Britain a “depressing country” because he was not satisfied with the amount of money he was earning. It is logical to come to that conclusion because of the country he relocated to. He relocated to Bermuda. That is where he could make more money because according to him, “five out of ten people in Bermuda are multi-millionaires.” He must have felt that relocating to Bermuda will make him an instant multi-millionaire.

He quickly started associating with these millionaires. According to him, he “once played for a football team where 9 out of the first 11 were accountants, one was a lawyer while he was the only journalist in their midst. It appears that he started looking down on himself because he was the poorest among his peers. He revealed that at a point “he felt his career wasn’t going anywhere.” Definitely, that was another depressing time in his life. That was when he ventured into investigating frauds in businesses.

Although he did not mention that he started investigating scams out of depression, logically looking at it, he took that decision not out of an open mind but because he was already frustrated with his career in Bermuda. He felt being more dedicated to journalism, especially in a place like Bermuda might turn him into a millionaire because it appears that every business is doing well there. Little did he know that another tragedy was about to befall him. He was expelled from Bermuda in 1996. From the activities of Marchant, it can be concluded that he is yet to get over the fact that Bermuda did not give him a chance to grow in his career in journalism.

How could these events have resulted in frustration and caused him depression? Disappointment can be a source of discouragement. Psychology says that when the mind is fixed on a particular outcome and it is unfulfilled, that could lead to discouragement and in turn affect other decisions the person will make in the future. Marchant had faced reward prediction error a number of times and that could be a primary cause of his depression.

CHRONIC LONELINESS

Marchant enjoys making enemies. On his testimonial page, there are quotes like “I ask you to judge me by the enemies I have made” and “You can always judge a man by the quality of his enemies.” He sees making enemies as his hobby and this has affected his overall outlook. Marchant’s pictures show that he needs companionship but it is difficult to get one. There is no record that Marchant has a wife, kids, or close family and friends that whom he can have a fun time and discuss personal issues. Why is that so? Because he is the good one and every other person is the bad one.

What are the possible reasons why he has no close companions in his life? The first reason that comes to mind is that David had trust issues. It is very difficult to make people like Marchant happy. In one of the negative reviews about him, the reviewer agreed that his issue with OffshoreAlert has been resolved. That should excite Marchant but his reaction was something unexpected. He showed his outburst in the comments saying; “What rubbish and this is proof that the ComplaintsBoard itself is a scam.” That is the typical David Marchant. He gets angry over issues that should be overlooked or even favorable to him. Your best attempt to make him happy might cause him more anger.

He admitted during an interview that he is “more aggressive” than his critics. That is in line with what psychology says that aggressiveness could be a symptom of loneliness. David Marchant claims that he had some employees. If that is true, it is difficult to imagine the toxic environment where these employees are working. Psychologically analyzing the personality of David Marchant, he is that employer that will hire and fire. Thankfully, there is no record of him being married. He also would have been that husband that gets married today and divorces his wife the following week for correcting his mistake. There is no sign that David Marchant will ever have a stable relationship because he is yet to take the first step which is admitting that he needs to change.

Loneliness is dangerous to the mental health of individuals. Psychology says lonely people are less likely to make good decisions because they are not in the right frame of mind to make decisions. David Marchant is a man that had been lonely his entire life. Can you trust the newsletters of such a lonely man? After closely examining his activities, one psychologist said “Marchant thinks he is here to save the world but in reality, he needs the world to save him. I hope he realizes that sooner or later.”

HIS EXPECTATIONS FOR OFFSHOREALERT

David Marchant started his OffshoreAlert with high hopes. He once said he started OffshoreAlert to “improve his lot in life.” To what extent has his lot improved in life? Let us start by analyzing the growth of his OffshoreAlert.

OffshoreAlert started in 1997. That means it has been in existence for about 25 years. Imagine a fraud-revealing channel that had been in existence for such a long period of time. Such a channel is expected to have unimaginable traffic. What then is the situation of OffshoreAlert after 25 years? Despite Marchant’s arrogance and portrayal of himself as the world’s savior, his website has monthly organic traffic of just over 3.5k visits. Imagine maximizing your effort to promote your business but there is always insignificant growth, how would you feel? That is the case with Marchant. He is fighting really hard to be at the top, but he is nowhere near the top. There are at least two reasons to conclude that he is frustrated by the slow growth of his website and business.

1. He is the reviewer of his own website

Marchant will not wait for his subscribers to review him and his website before he does. When there are negative reviews about him online, none of his subscribers or colleagues come to his defense. He is everywhere defending himself. Imagine searching for an iPhone in an online store, and you find a review from Apple’s CEO saying how good the phone is. Definitely, that is a review that should not be trusted. But if the same review comes from others who have used the phone, you can at least believe them. Although Marchant is the founder, editor, sole shareholder, publisher, and owner of OffshoreAlert, he is still the same person reviewing his own website. He does this because of his insecurity that his OffshoreAlert will not stand the test of time and he is aware that after 25 years, he should have more subscribers and traffic.

There are very few positive reviews on his website and there is a high possibility that he had changed his identity to write the majority of these reviews. Marchant had been accused of changing his identity to obtain information to be published on his website. Never had he denied this accusation. Not denying means one thing. He changes his identity when necessary. Since positive reviews are not forthcoming, it is very possible that the few you see around are from the same Marchant who must have changed his identity to put them wherever they are.

Always trying to defend him could be a sign that he is scared that he is not doing something right because the right thing will defend itself even without a word. But it is understandable because when nobody comes to your defense, you have no choice but to defend yourself.

1. He disparages other news channels that expose fraud

During an index interview, Marchant was asked about the similarities between his OffshoreAlert and WikiLeaks. His response to the above question shows that he might be angry with WikiLeaks and other similar websites that are publishing cases of fraud. He bluntly said, “I have little or no respect for WikiLeaks … I have found Wikileaks to be amateurish and fundamentally dishonest.” Did you notice some measure of anger in his reply? It could be that he is not angry with the activities of Wikileaks. He is simply angry that his OffshoreAlert is being overshadowed by another website that is doing something similar to his. He is uncomfortable with the fact that OffshoreAlert came into existence almost ten years before the emergence of Wikileaks, and yet it has done so well.

There are clear indications that Marchant is a self-righteous man. One trait of a self-righteous man is that they are intolerant of other people’s opinion. They tend to criticize others without caring about their own flaws that are visible to others. Marchant is that man. He said his OffshoreAlert and Wikileaks are “not in the same business or market and there is a gulf of difference in the level of professionalism between the two.” He is the professional while others are the amateurs. That is a sign of self-righteousness and you should worry about that.

Again, the issue of reward prediction error comes in. The expectations Marchant had for his OffshoreAlert had not come to reality and this is making him fight harder. He ought to know that criticizing others and singing his own anthem cannot contribute to the growth of his business unless he does his journalism the right way.

MARCHANT IS A PATHOLOGICAL NARCISSIST

Narcissists are either right or right. They think they are perfect and that no mistake can come out of them. If a person thinks he is beyond a mistake, what does such a person do when he actually makes a mistake? He never apologizes; instead, he fights you for believing he had made a mistake. Do you think such a person can be trusted with the complex job of journalism? That will be a mistake because even when he had published incorrect news, he never admits his mistake even if the entire world believe otherwise.

Now ask yourself; Has Marchant admitted any mistake in his over 30 years of journalism? Although there are known cases of misinformation and misrepresentation by Marchant, he had never admitted any of these because his ego is more important. The following are some of the traits of Pathological Narcissists possessed by Marchant that will make him never accept his mistakes.

Being Right is more important than the truth

Nothing hurts a narcissist than finding out his lies and confronting him about the lies. When Marchant was approached by Thomas about some lies he had published, he tried avoiding him. When he realized that avoiding him was not working, he changed his tactics. According to Thomas, “When I politely informed him that I did not appreciate his rudeness, he began yelling at me.” Why was Marchant acting like that? Because he knew that if the truth comes out, he will be in the wrong.

Why are Marchant and other pathological narcissists more concerned about being right than the truth? Pathological narcissists have a sense of entitlement and they want to be constantly and excessively admired. When there is nothing new about them to be admired, they can come up with lies about other people and even themselves just to remain in the limelight.

Narcissists do not apologize

After Marchant wrote an article on a top official of a company in the United Kingdom, the official was charged with criminal charges. After his trial, he was declared innocent. Ordinarily, Marchant is supposed to apologize for his misleading article. Not surprisingly, Marchant called the same man “a serial fraudster.” He downplayed the court judgment because it is not favorable to him but insisted that his article was still valid. That is the reason why Marchant never brings down his articles or rectifies his articles. He feels if he does, he had indirectly apologize to his victims and the public and will undermine his reputation in the society. The goal is to act as if he never made a mistake so that he can avoid the difficult job of apologizing.

Pathological Narcissists can drop the deadliest lies just to gain supporters and followers

Marchant admitted during an interview that if his articles were to be preapproved by a recognized libel attorney, this would have “inevitably led to the attorney recommending that stories be watered down, which would have defeated the primary purpose of OffshoreAlert.” Marchant is fully aware that the lies in his articles will be removed by libel attorneys and only the truth will be approved for publication. On realizing this, Marchant refused to hire any libel attorney for this role so that his lies will come on air unfiltered. You will be surprised to know the extent Marchant will go to get fame for himself.

In 2013, he published a court case that never happened. It was confirmed that Marchant had published a well-written article with an eye-catching headline in order to lure people into paying a subscription of $90. It was later confirmed that the court records do not contain any of such cases and the entire article and headline were written to lure curious people into paying for the lies.

What was the reason for such a lie? Marchant, just like other pathological narcissists are willing to do anything to gain the attention and approval of people especially if the lies will bring more money.

What is even more surprising is the cost of subscribing to the lies. Subscribers pay a monthly fee of $90 or a yearly subscription of $970. Marchant charges such a ridiculous subscription because a high price is usually mistaken for quality. He wants to portray himself as a high-quality journalist whose works surpass those of other news agencies. He must have checked to see the cost of subscribing to other news channels before coming up with his unmatched subscription. What would have been surprising is if OffshoreAlert’s subscription was second to another because pathological narcissists like Marchant forbids a second place.

Pathological Narcissists are pretentious and they belittle others to claim the first spot

Check out what Marchant said about Julian Assange, the founder of WikiLeaks. “I consider Julian Assange to be an irresponsible, hypocritical, over-hyped poseur. His major talent seems to be self-publicity. I cringe when I see him described as a journalist. It denigrates the entire profession.” Did you notice Marchant’s hypocrisy? He was calling out another journalist and criticizing him, not because he was not doing his job well, but because Marchant wants to be the best fraud investigator. He is not concerned about earning that title but he wants it by all means. The easiest way to achieve this goal is to belittle others who are doing the same thing.

A narcissist like Marchant will not talk about allegations of paying for fake news, he will not talk about receiving thousands of dollars from offshore companies to sponsor his conferences, and how his victims have been acquitted by courts. He will only belittle others to be the first.

CONCLUSION

David Marchant is different from every other journalist you know. He pays for false information that can generate revenue, he yells at people that question his method of journalism, he rains insults on courts, and accuses every other journalist with a different opinion from his of being amateur and less professional. It is difficult to conclude that he displays these traits deliberately. He seems to have had a lot of disappointments in his life that caused him to be the way he is. It is also clear that he is a pathological narcissist who wants to be the first but is frustrated by the fact that despite 25 years of his OffshoreAlert, he only gets 3,500 visits on a monthly basis.

A psychological examination of Marchant has shown that whatever information coming from him should be disregarded because they are coming from a man who wants to cause harm to people. No doubt, he needs medical and psychological help. But the difficult part is convincing him to seek such help.