GMO is a SCAM
A Reddit user reported their father lost over $100,000 to a cryptocurrency investment scam, warning others about red flags like fake investment apps and pressure tactics.
- Incident date
- May 2026
- Target
- Victim of GMO scam
A Reddit user posted a warning about a cryptocurrency investment scam that defrauded their retired, disabled father of over $100,000. The post aims to raise awareness and help others avoid similar scams.
What happened
The victim was using a platform called “GMO” (gmosa.com). The poster identified several red flags, including the use of fake investment apps which are actually editable bookmarks, communication via unsecure apps like Telegram and WhatsApp, and the use of threatening language to pressure victims. The scammers also provided fake credentials, such as fake IDs and government agency affiliations. The poster shared screenshots of the fake platform and urged others to verify financial advice independently and seek second opinions.