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.
FPMOTC
Investment / sanctions alert · dfpi
DFPI — Victim narrative (California)
A California resident was persuaded by a love interest they met online to download an app called FPMOTC. The love interest showed how lucrative this app was for making money. The victim took out a loan to purchase crypto assets and then transferred them to an account they opened on the FPMOTC app. But when the victim wanted to withdraw funds, they were told that the account was frozen. First, the app told the victim to deposit more money to confirm it was their account. After the victim did so, they were told to deposit even more money, otherwise a fee of 10% would be taken from their account
Estimated loss: $0
Type: Romance Scam | Pig Butchering Scam | Fraudulent Trading Platform
Have you been contacted by FPMOTC?
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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.