ONLINE FRAUD – WE ARE ALL IN THIS TOGETHER

THERE ARE SPECIFIC ISSUES THAT IMPACT WE AT SOGO BUT THE LESSONS AND DISCIPLINES WE SUGGEST AND EMPLOY OURSELVES TO AVOID THESE PROBLEMS CAN MAKE US ALL MORE SECURE

SogoTrade has one official website. There are two versions to access this.

The common input- SogoTrade.com

The more complete URL- https://www.sogotrade.com/

NOTHING ELSE


Fraudsters will try to confuse online visitors by having a look alike website to SogoTrade.com. For example, the name can be Sogotrading, or Sogotradeez or Sogosecurities. Anything like this is fraudulent. This list can be near endless.

Additionally, fraudsters will do everything they can do to have you send them money. Here is an example of one difference. They want you to send money to themselves. SogoTrade never does that. At SogoTrade you will have opened a SogoTrade account in your name. SogoTrade engages a clearing firm, Apex Clearing Corp, to maintain our customer accounts and perform all the communications and notices appropriate to confirm to you that your assets are secure and under your control in your own account. You will not be sending your funds to SogoTrade. You will be sending your assets to yourself at an account opened and maintained at SogoTrade.


FINIA Logo

FINRA

There is a very valuable resource you have available. FINRA (Financial Industry Regulatory Authority) maintains a quick tool to confirm the integrity of a US Broker Dealer.

Brokercheck.finra.org --If the firm that has contacted you is not recognized by this resource – be very very concerned.

Fraudsters have been impersonating legitimate websites for many years. Recently this has been increasing. The fraudsters will copy the content and even the names of the legitimate firm’s professionals who are not involved in the fraudulent website in any way. They will em-ploy any tactic they can conceive of to make their fraudulent website look to be the legitimate firm you may be familiar with.

This being said, it can be difficult to observe these fraudulent activities.



FTC logo

Federal Trade Commission

Phishing emails and text messages can be used to trick people to engage with a fraudster by having them click on a link or download an attachment. Their content can easily draw an un-suspecting reader to act.

They may refer to their notice of suspicious activity, problems with your account or a fake in-voice. Anything like this should be reviewed on your part with serious concern.

The following is directly from the FTC website:

You should never click the links provided in emails you can't independently confirm. Doing so will make your computer and personal information vulnerable to viruses and malware. Again, though the sender may seem legitimate—which is exactly what the scammer wants you to believe—no reputable institution will ask for your password or other key personal information online. Receive a suspicious message? Report it to the Federal Trade Commission so they can help protect others.


FBI Logo

The FBI

Protection from online criminals cannot be left up to only government or corporations in the private sector. The prevention of internet-enabled crimes requires each of us to be aware and on guard.

We should protect our systems and data with reputable anti-virus pragrams, and we should not open any attachments until we have verified the sender.

We should be careful of public Wi-Fi networks. Not that we would never use them. We should consider not using them for sensitive transactions.

We should protect our assets by not responding to a request for payment from an account of ours. All transactions should be made following you logging into your account directly. Addi-tionally using a credit card for payments can add a level of protection. Also a non confirmed request for immediate response should be considered for confirmation.

The following is directly from the FBI website:

If You are a Victim, File a Report with the FBI IC3

If you are the victim of an online or internet-enabled crime, file a report with the Internet Crime Complaint Center (IC3) as soon as possible.

Crime reports are used for investigative and intelligence purposes. Rapid reporting can also help support the recovery of lost funds. Visit ic3.gov for more information, including tips and information about current crime trends.

Contact Information

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