Well, it's really meaningless in Latin. 'Fides' does mean 'trust', but the only verb form is second person singular, future tense - You will trust. 'Fides' is also the form for the noun 'trust' in several uses.
'Nemo' does mean 'no one', but only as used for the subject of a sentence - and then it would not match up with 'fides' as a verb.
It looks like someone went to a dictionary or a translator site and picked out head words in a definition and used them.
Fide nominem = Trust no one. (Singular command)
Fidite nominem = Trust no one. (Plural command)
Fides nominem = You (sing) will trust no one.
answers.yahoo.com
'Nemo' does mean 'no one', but only as used for the subject of a sentence - and then it would not match up with 'fides' as a verb.
It looks like someone went to a dictionary or a translator site and picked out head words in a definition and used them.
Fide nominem = Trust no one. (Singular command)
Fidite nominem = Trust no one. (Plural command)
Fides nominem = You (sing) will trust no one.
answers.yahoo.com