NARDO
We checked NARDO 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
NARDO claims to be owned and operated by NARDO GLOBAL LIMITED, a regulated broker in the US by two financial authorities, including FinCEN under MSB license number 31000202059432, and NFA under NFA ID 0543860. However, despite its claims, this broker doesn't fall under valid regulation for the following reasons. 1) FinCEN does not regulate forex markets nor does it issue licenses for brokers engaging in such activities. 2) We indeed found a result matching this broker in NFA's registry, however, NARDO is not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Obviously, NARDO doesn't satisfy these conditions. All evidence clearly states that this broker is merely a registered firm rather than a regulated one and is not qualified to carry out such services. 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 NARDO.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.