FOGO
We checked FOGO against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
FOGO claims to be owned and operated by FOGO GLOBAL LIMITED headquartered in the UK, is a broker regulated by the the Money Services Business (MSB) of the United States, which offers a range of investment products to traders, including Forex, Stocks, Indices, Commodities, Crypto, Metals, Energy and more instruments for trading in global markets. Upon investigation, we found that FOGO GLOBAL LIMITED is registered with the US MSB, but the business of the MSB is only currency exchange, cannot license forex trading brokerage activities, and has no authorization for financial derivatives. And FOGO is not regulated and authorized by the United Kingdom Financial Conduct Authority (FCA). The truth is that FOGO is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. FOGO 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 FOGO.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.