Willow Stream Capital Review: Is Willow Stream Capital legit or a scam?
Probably while conducting regular business, you stumbled across Willow Stream Capital. This platform’s advertising group is overwhelmed. Sadly, Willow Stream Capital is an offshore broker, just like all other dubious businesses.
Although this does not imply that every platform running without a license is a fraud, it is better to be cautious than regretful. You wouldn’t want to pick an inappropriate broker only to lose all of your money in a matter of seconds. The simple study is time-efficient. Read a complete Willow Stream Capital review to learn more about this broker.
Address: 8th Floor Suite, 715, 42 Broadway, New York, NY 10004
Warned By: U.S. Securities and Exchange Commission (United States)
Problem with Willow Stream Capital
The SEC detained Willow Creek Advisors in 2018 for engaging in unlawful activity. The company’s founder, Nicholas Joseph Genovese, made false and deceptive claims about its capitalization and failed to reveal his previous bankruptcies, fraud charges, and grand theft offenses to clients. It’s not shocking that Genovese stole money from clients and that Willow Creek was shut down. It’s interesting to note that the SEC has warned Willow Stream Capital about providing trading services without a license. The warning from the SEC is sufficient justification to avoid it.
Expert traders have also given numerous poor Willowstreamcapital.com reviews. There are a lot of false statements on their website. The entity will likely vanish into empty air. Look for transparency and be on the lookout for shady schemes. Invest only with reputable forex brokers that have the approval of financial regulators.
The SEC arrested Willow Creek Advisors in 2018 for engaging in illegal activity. The company’s creator, Nicholas Joseph Genovese, made false and deceptive claims about its market value and failed to disclose his previous bankruptcies, fraud charges, and fraud charges to clients. It’s not unexpected that Genovese stole money from clients and Willow Creek was shut down. It’s interesting to note that the SEC has warned Willow Stream Capital about offering trading services without a licence. Could this be Willow Creek in a different form? Even if it hasn’t, the SEC has warned against it, which is sufficient justification to avoid it.
Willow Stream Capital regulation
Willow Stream Capital is not a regulated broker. Customers are at higher risk because the business is operating illegally. You should pick a regulated business as an investor. The primary issue with offshore businesses is that no one can hold them responsible if they fail to make a profit. Any minute, their website could go offline.
Contact information and customer service
The broker’s contact information indicates that it is based in Broadway Suite, New York, in the country of the United States. Investors need to be aware that the data cannot be independently verified. The majority of fraudsters also use phony contact to prevent being found out by the authorities.
Willow Stream Capital is not permitted to have a US address. The broker has broken the majority of the nation’s stringent regulations. Customers can contact the help team via phone or email using the provided contact information. Only when you are prepared to shell out more money they will react. But when matters go south, they stop all communication.
Willow Stream Capital Review: Final Conclusion
We can’t think of any advantage or justification for investing with Willow Stream Capital. See a few of the many reasons to stay away from the broker. Close your account right away, and request a refund. Get in touch with the specialists at Fraud Brokers if you don’t get a withdrawal.
Contact us if you are a victim of Willow Stream Capital.
We write these scam broker reviews to alert investors to brokers and business opportunities that might be deceptive. Close your account if you have one with this provider and ask for a withdrawal. If your money is not returned, file a complaint with the Fraud Brokers community immediately. In addition to working to locate your funds and compiling investigative reports, we provide a free consultation and help with fund recovery attempts.
Read about a broker who engaged in a similar scam – Alfa Crypx review
More about Scams
Check our Facebook PageTrust Fraudbrokers as we have experience