Do not invest with this entity
This entity appears in one or more regulatory or sanctions lists (SEC PAUSE, DFPI, OpenSanctions). Report to the FBI IC3 at ic3.gov and the FTC at reportfraud.ftc.gov.
Byconomy
Investment / sanctions alert · dfpi
DFPI — Victim narrative (California)
A Californian reported being referred to Byconomy by a friend, who claimed it was a good investment opportunity. The promoter of Byconomy, “Rogers”, promised to return a profit of $1,200 after just 48 hours of crypto trading. The victim deposited $200 into a Byconomy account and watched as their balance quickly rose to nearly $16,000.After the 48-hour period, Rogers told the victim they needed to pay her a $2,000 commission on their trading gains. After the victim paid that, Rogers told them they needed to pay another $2,000 fee to withdraw the account balance. At this point, the victim refuse
Estimated loss: $1,200
Type: Fraudulent Trading Platform | Pig Butchering Scam
Have you been contacted by Byconomy?
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What to do if you were targeted
- 1.Stop all transfers immediately.
- 2.Contact your bank or wire transfer service to attempt a recall.
- 3.File a complaint with the FBI IC3 at ic3.gov.
- 4.Report to the FTC at reportfraud.ftc.gov.
- 5.Report to your state securities regulator via nasaa.org.