Welcome to our GMO Global Review, where we look into a suspicious website found at gmoglobal.cc.
On January 26, 2023 the following complaint was filed with the Better Business Bureau (BBB) by a San Jose, CA, USA person who claims to have been scammed for $145,000 by this cryptocurrency scam:
I was contacted by a women named Chen Lina in Houston, TX. Her phone numbers are 469-552-5355 and her overseas number is +011 852 5425 3064. Chen Lina scammed me into believing GMOGLOBAL.CC was an established company.
I made transfer from my bank through CoinBase, which is Ignorant company that is blind to what they are supporting. I allegedly have made nearly 20 times my original investment with GMOGLOBAL.CC. When the time can to request withdrawal they asked for an undocumented security deposit of an Extraordinary amount that I refused to pay.
I had no confidence at that point they had any business ethics or morals and dealing in financial businesses. They have since ghosted me and I’ve ended filing reports with the FBI, IRS and SEC to date.
They mentioned the following phone number, in addition to numbers mentioned in the complaint: (323) 831-6609.
The 469 number is a Dallas, Texas number, while the 323 is a Los Angeles number.
The +011 number is a Hong Kong number.
So is GMO Global legit or is it a SCAM?
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GMOGlobal Review
The domain gmoglobal.cc was registered through Dynadot, LLC on May 15, 2022 for one year. It is hosted by Alibaba.com LLC, a Chinese technology company.
Not much traffic flows through gmoglobal.cc which raises the suspicion that it’s involved in a scam in which investors are referred to it so that they can deposit money into the scammers’ digital wallets.
If it’s indeed a fake website, there should be some easy to find red flags all over the place. So let’s start by checking the About Us page and Contact page. If GMO Global is a trustworthy company, we would expect to find information about them as well as the people behind the company and contact information, including a physical address, telephone number, and LinkedIn profile.
However, instead of an About page, we find a block of barely readable text, which basically is a Privacy Policy text claiming that this is a platform for digital asset transactions and related services and that it respects the importance of users’ personal information and takes security measures to protect it.
We find a similar text in the following websites:
- isgrape.com (looks very similar to GMO)
- cvipone.com (defunct)
- daoxc.org
As for a Contact us page, we didn’t find one. The only way to contact support is through a live chat system.
This is obviously a huge red flag.
Moreover, the entire website is full of errors and design issues, such as links to mobile apps that do not work, spelling and grammar errors, and small fonts and not enough color contrast making a lot of the text hardly readable.
There’s a “Help Center,” with some pages, such as an “About recharge” [sic] page, which says GMO Global has enabled deposit and withdrawal services for USDT on the ERC20 protocol.
There’s also an “About withdrawal” page, which says that GMO Global has added support for USDT withdrawal using ERC20 and TRC20 protocols and that withdrawals are available from 00:00 to 24:00, with a minimum of 10 USDT and a maximum of 990,000 USDT, and can be made 3 times a day.
After a withdrawal request, funds are normally frozen until approved and can take 1-12 hours to be received. To prevent money laundering, the transaction volume must reach 100% of the deposit amount before a withdrawal can be initiated.
There’s also a page titled “common problem,” which explains that to buy digital currency, you can either deposit coins if you have USDT or follow steps to purchase USDT through Coinbase or GEMINI. To top up your GMO Global platform account, you need to register, copy the recharge address, withdraw USDT from Coinbase, and upload a screenshot of the successful transfer to the GMO Global platform.
It also explains that frozen assets mean temporarily inaccessible assets during transactions or withdrawals.
GMO Global Reviews
We found some reviews regarding gmoglobal.net (a website that is no longer active).
We also found some GMO Global Scam reviews referring to
- gmoglobal.com
- gmoglobal.app
- gmoglobal.vip
- gmoglobal.top
Apparently, these scammers have kept using the name GMOGlobal, but each time used a new TLD.
Currently, it seems only gmoglobal.cc is still in operation.
According to reviews, GMO Global is a scam website that promises high profits from crypto trading but instead uses tactics such as fake taxes to prevent users from withdrawing their funds. They use Asian women and false claims of affiliation with GMO Global to deceive users.
People who invest with this site are advised to avoid it and not expect to retrieve their money. Some users have lost access to their funds, and others are waiting for the review process or paying taxes to get their money back, but no one has successfully withdrawn a large profit.
We also found a Reddit thread about them which begins with a scam report by a person who invested in this online, unregulated cryptocurrency exchange through an individual named Annie.
The author and their spouse had been using the platform for a few months and had been successful in increasing their account balances. However, when they attempted to withdraw their funds, they were told they needed to pay a 10% deposit and 35% tax on their profits.
The author paid the deposit, but was unable to pay the full tax amount. Annie promised to help cover the tax, but failed to deliver.
One of the replies to this thread mentions GMOGlobal.cc:
As you know, GMOGLOBAL.CC is located in one of the Pacific Rim countries. Their business certificate shows Japan, but I do not believe that is their actual location.
We even found a California Department of Financial Protection and Innovation Desist & Refrain order from October 17, 2022 against GMO Global, including GMO Global dba
- Gmoglobal.com
- Gmohlobal.com
- Gmoglobal.net
- Web.gmoglobal.app
- Web.gmoglobal.vip
- Tokenswap.net
- Fxcoin.me
- Btcbox.la
- Btcbox.im
- Bitbank.la
- Bitbank.so
According to the order, the Commissioner of Financial Protection and Innovation has found that GMO Global made deceptive claims, including false representations about the security of deposited funds, and used links that appeared to lead to downloads of mobile apps reviewed by Google Play and Apple App Store, but actually directed to third-party file hosting websites.
Consumers deposited money with the company under false pretenses and were defrauded.
The order lists the address of the scammer:
1-2-3 Dogenzaka Shibuya-Ku
Tokyo, Japan
as well as the following email address:
- gmohlobal@outlook.com
- gmoglobalservice@gmail.com
and telephone numbers:
- +1-804-885-5228 (Central Virginia)
- +1-913-396-9597 (Kansas City)
- +1-716-795-6453 (New York)
GMOGlobal Scam Review Conclusion: Is GMOGlobal Legit?
While we cannot be sure that gmoglobal.cc belongs to the same scammers who created the other gmoglobal websites, we feel that it’s highly likely to be the case.
In conclusion, GMO Global, a cryptocurrency website found at gmoglobal.cc, raises suspicion as a possible scam. The lack of information about the company and its leaders, along with errors and design issues on the website, adds to the red flags.
As with any investment, it is crucial to thoroughly research and evaluate the company before making a deposit, and in this case, the evidence suggests that GMO Global is not a trustworthy company.
If you have been scammed by them or if you have any information about them, please let us know by commenting below this GMOGlobal review.
And if you have lost a significant amount of money to online scams, do not lose hope. We can help you recover your funds!
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