SpyGuard is related to Fake Antispyware. Fake anti-spyware software refers to any malware removal application that is silently installed without user consent. SpyGuard possibly came to your computer through trojan infection and usually will not disappear using Add/Remove Programs utility. Fake anti-spyware applications will not clean and protect your computer from spyware, adware, trojans and other malicious programs. Furthermore SpyGuard is displaying fake alerts that your computer is infected and takes user to the payment page persuading to buy software.
Free SpyGuard scan:
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How to remove SpyGuard
To download SpyGuard removal tool SmitfraudFix.exe and choose Save