FOMOSO
We checked FOMOSO against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
FOMOSO claims it was established in 2015, but when we checked its domain, we found it was created in 2017. So how could it start its business in 2015? It is a red flag here. Besides, FOMOSO claims to be regulated by the US Financial Crimes Enforcement Network (FinCEN) with an MSB license number: 31000212133824. But please be informed that FinCEN does neither issue licenses for forex trading nor regulate any firms that offer forex activities. As per the United States law. Firms and individuals, who do not possess the relevant regulation issued by the National Futures Association (NFA), are not allowed to solicit or approach US citizens. When we searched in NFA, we found this broker is not under valid regulation by NFA since it is not an NFA member. That means FOMOSO is actually not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report FOMOSO.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.