Is Sbfgo Bank a Scam or Legit?

Header

Author: Adam Collins

February 3, 2023

In today’s review, we will analyze Sbfgo Bank and give you all the information you need to make an informed decision before dealing with them. 

With a lot of people using ScamAdviser to check the legitimacy of banks, we felt we needed to do an in-depth analysis of sbfgo.com. Sbfgo Bank claims that they “are on a mission to make financial services cheaper, easily accessible and more rewarding for every person and business” but are they legit or a scam? Let's find out, shall we?

Copied Content

One of the things that quickly caught my eye was the phrase “clearly distinguished itself in the banking industry through superior service quality, unique customer experience, and sound financial indices” which I found on the “About Us” page.

The same phrase is found on many other websites which suggests that the content has been copied. The text is copied word-for-word and has a similar setup as seen below.

This begs the question of why a financial institution would use plagiarized content on its website. However, scammers often re-use the same content on different sites as they don’t want to invest in good quality content. What if the other sites copied content from Sbfgo Bank? Well, it seems unlikely as the domain Sbfgobank.com was registered in late 2022, making it a new website.

Where is Sbfgo Bank Located?

According to information in their “Help Center”, the Corporate Head Office is in North Carolina.

However, when I checked the listed address 8306 Ray Rd Raleigh, North Carolina(NC), 27613, USA, I was surprised to see what looks like a residential area.

Scammers often randomly list addresses in the US to appear credible as they know customers do not bother to verify the information

Is Sbfgo Bank’s phone number correct?

On the Help Center page, we noticed that they have listed +1(414)666-5428 as their official number.

However, when I checked the number on Truecaller, it was indicated to be registered in Milwaukee, WI. Again, this is common with scammers who give dubious contact details to deliberately make it hard to get in touch with them. 

Sbgfo Bank Customer Reviews

Reviews are important as they shed light on a company and what you can expect. However, I could not find any reviews about Sbfgo Bank.

This could be due to the fact that the domain was registered in November 2022, according to ScamAdviser and Whois.com. New websites hardly have any reviews and this does little to boost the confidence of new customers.

Bottom line

Overall, there is a high likelihood that Sbfgo.com is a scam. A lot of the characteristics overlap with banking scams. There is copied content on their website, the address listed is bogus and the phone number is registered in a different state. There are no customer reviews to shed more light on the bank's operations.

Caution should be exercised when dealing with sbfgo.com. There are a lot more reputable banking institutions out here. You can also read more on how to recognize a scam and avoid losing your hard-earned money. 

This article has been written by a scam fighter volunteer. If you believe the article above contains inaccuracies or is missing relevant information, please contact ScamAdviser.com using this form.

Report a Scam!

Have you fallen for a hoax, bought a fake product? Report the site and warn others!

Help & Info

Popular Stories

As the influence of the internet rises, so does the prevalence of online scams. There are fraudsters making all kinds of claims to trap victims online - from fake investment opportunities to online stores - and the internet allows them to operate from any part of the world with anonymity. The ability to spot online scams is an important skill to have as the virtual world is increasingly becoming a part of every facet of our lives. The below tips will help you identify the signs which can indicate that a website could be a scam. Common Sense: Too Good To Be True When looking for goods online, a great deal can be very enticing. A Gucci bag or a new iPhone for half the price? Who wouldn’t want to grab such a deal? Scammers know this too and try to take advantage of the fact. If an online deal looks too good to be true, think twice and double-check things. The easiest way to do this is to simply check out the same product at competing websites (that you trust). If the difference in prices is huge, it might be better to double-check the rest of the website. Check Out the Social Media Links Social media is a core part of ecommerce businesses these days and consumers often expect online shops to have a social media presence. Scammers know this and often insert logos of social media sites on their websites. Scratching beneath the surface often reveals this fu

So the worst has come to pass - you realise you parted with your money too fast, and the site you used was a scam - what now? Well first of all, don’t despair!! If you think you have been scammed, the first port of call when having an issue is to simply ask for a refund. This is the first and easiest step to determine whether you are dealing with a genuine company or scammers. Sadly, getting your money back from a scammer is not as simple as just asking.  If you are indeed dealing with scammers, the procedure (and chance) of getting your money back varies depending on the payment method you used. PayPal Debit card/Credit card Bank transfer Wire transfer Google Pay Bitcoin PayPal If you used PayPal, you have a strong chance of getting your money back if you were scammed. On their website, you can file a dispute within 180 calendar days of your purchase. Conditions to file a dispute: The simplest situation is that you ordered from an online store and it has not arrived. In this case this is what PayPal states: "If your order never shows up and the seller can't provide proof of shipment or delivery, you'll get a full refund. It's that simple." The scammer has sent you a completely different item. For example, you ordered a PlayStation 4, but instead received only a Playstation controller.  The condition of the item was misrepresented on the product page. This could be the