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IBO International Scam: Unlicensed Forex and Crypto Site

Savun Law & Consultancy · Updated 26 October 2026

IBO International Scam: Unlicensed Forex and Crypto Site

IBO International, which says it is headquartered in London, is a platform that markets forex, cryptocurrency and commodity trading through ibointernational.com. An "account manager" calls the person who fills in the registration form; after a small first investment, once profit appears on the screen, requests for new investments begin, and withdrawal requests are tied to new payment conditions.

In short: IBO International is not authorised in Türkiye by the Capital Markets Board (SPK); both the UK and the Austrian regulators have issued warnings about the platform. The scheme shows a profit and then ties the withdrawal to an additional payment, and in cases of this kind getting the money back is legally possible.
What this article covers

🚩 The Adviser, the Profit Screen and the Locked Withdrawal

On this platform, contact is made through people who introduce themselves as a "financial adviser" or "account manager". The flow matches the call centre operation run by a staff of representatives who keep callingTR:

  • A low first investment and a balance that grows quickly on the screen
  • Rounds of further investment driven by "don't miss the opportunity" pressure
  • Installation of an AnyDesk-type remote access program
  • A demand for a tax, commission, insurance or "money laundering check" fee before a withdrawal

Calls after the loss from "recovery teams" that promise to retrieve the lost funds in return for a fee are also a known continuation of this scheme.

🔍 Traces Linked to IBO International

  • Domain: ibointernational.com was registered on 31 December 2025; it now opens with a "suspected phishing" warning from the browser's security layer.
  • Declared address: 20 Fenchurch Street, London.
  • Lines used: UK landlines 02046000344 and +442046383457; also +61272494389, +43720021557, +38572790044 and +14378373749.
  • Official warnings: The Austrian FMA listed the platform as an unauthorised entity on 7 April 2026, and the UK FCA did so on 22 July 2026.

IBO International is not authorised in Türkiye by the Capital Markets Board (SPK); it does not appear on the list of SPK-authorised intermediary institutions. SPK Decision No. 8/297 of 24.02.2017 announced that forex transactions made through an account opened with an overseas institution fall outside investor protection rules.

🔗 Other Platforms Following the Same Scheme

The method of installing a remote access program and tying the withdrawal to an extra fee is not unique to this platform. We have covered operations showing the same steps before:

🧭 The Legal Process Step by Step

  1. Identification of the platform and intermediary accounts, and assessment of the ways of getting money back from an overseas forex firm.
  2. Opening of a criminal investigation; how the criminal complaint process works.
  3. Assessment of the act under the qualified fraud provisionsTR.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions

Is the Fenchurch Street address the platform's real office?

The address is the platform's own declaration. Regulatory warnings specifically stress that schemes of this kind can use addresses belonging to other businesses.

Is the tax or insurance fee requested for a withdrawal a real obligation?

At a licensed intermediary institution, a withdrawal is not tied to an upfront "tax" or "insurance" payment on the profit. This demand is known as the last link in the scheme.

Who are the people who call later and say they will get my money back?

Teams that promise "fund recovery" for a fee after a loss are a separate type of fraud that targets the same victim a second time.

I paid money to IBO International. What should I do?

For detailed information and legal support, you can contact Savun Law & Consultancy.

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This page is an English adaptation of our Turkish article IBO International Forex ve Kripto Dolandırıcılığı.

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