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FOGO is a scam.
asharifi
Canada
2024-12-18
ANSWER Dear Investor, Thank you for bringing this scam to the light. FOGO has been marked by us as a scam for lacking transparency and the required authorization or supervision. We urge you to report it to your local authorities. Do not believe them a single word as FOGO's sole goal is to defraud more money out of you with various tactics. Meanwhile, we encourage you to file a complaint on our platform. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution. At last, beware of recover room scams, where unsolicited messages claim they are able to get your money back for a fee. These fraudsters typically target victims of investment fraud schemes, capitalize on their urgency for refunds, and defraud their money.
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Is this legit? fogoforex.com
Ilia Foo
Bulgaria
2024-11-06
ANSWER Dear Investor,We believe FOGO is a scam.The website appears to be hastily established, given its recent domain registration and use of a generic website template. The content of the site is untrustworthy, as it is template-based, generic, and lacks substance. While FOGO claims to have an MSB registration with the Financial Crime Enforcement Network (FINCEN), this registration does not equate to a license from a financial authority. Despite claiming to be based in the UK, FOGO is not registered with the Financial Conduct Authority (FCA).Therefore, we strongly suggest you avoid using FOGO to protect your funds and personal information. For a safer trading environment, it is recommended to opt for fully regulated brokers instead.
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