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.
Fonnex.com
Investment / sanctions alert · dfpi
DFPI — Victim narrative (California)
A California consumer deposited approximately $4,000 with the crypto exchange site Fonnex.com. When the consumer attempted to withdraw funds from their account, they discovered that the account was locked and the site demanded a Know Your Customer (KYC) verification fee of $3,500 to unlock it. Knowing that the KYC regulations do not require such a fee, the consumer realized that this was a scam. The consumer reports that they have not received any of their money from Fonnex.com, and the website is no longer operational and the domain is now for sale.
Estimated loss: $4,000
Type: Fraudulent Trading Platform
Have you been contacted by Fonnex.com?
Share your experience (anonymously). Your submission will be reviewed before being shown.
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.