Do You Want to Know If LoboEx Is Legitimate or a Scam Broker?
Imagine opening an account and being accused of a crime? That happened to someone who tried to trade with Loboex. First of all, we noticed that this broker has no license or information about the people who run it. This lack of transparency is already suspicious. In addition, we have been informed that Loboex is closing client accounts and claiming they suspect these people of money laundering. Why would someone launder money with a broker or a crypto platform? The accusation makes no sense.
There Are Some Problems with LoboEx
The person who made this complaint said that they had $600,000 locked down on suspicion of money laundering. This suspicion was bogus–they could verify the money came from their 401(k). This is a lame excuse and is probably pure projection. Many scam brokers are themselves committing money laundering. To lock down client funds on this flimsy excuse takes the cake.
LoboEx Was Flagged for Any of the Following:
The following are common reasons brokers get flagged by regulators or identified by customers as scams
- No license
- Misleading statements
- Locks down customer accounts
- Doesn’t allow withdrawals
- Verified customer complaints.
If You Need Fund Recovery from LoboEx, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.
