Want to Trade with Willow Stream Capital? Read This First!
Willow Stream Capital rings a bell. It’s a very similar name to Willow Creed Advisors. In 2018, the SEC closed down this brokerage because of fraudulent activity. Its founder, Nicholas Joseph Genovese didn’t disclose former bankruptcy or former convictions of grand larceny and forgery. He was charged with making false and misleading claims to investors–including about market cap and fund returns and for misattributing client funds. So what does this have to do with Willow Stream Capital?
Is Willow Stream Capital a Scam or Legitimate?
Broker scams often reinvent themselves and not very creatively. They may reappear after having faced charges and being closed down. Many of them don’t bother to change their names very dramatically. It’s not such a stretch to think that Willow Stream capital may be Willow Creek Advisors. It seems the SEC is on to them–the SEC has flagged Willow Stream Capital for offering trading without a license, which is reason enough to stay away.
We Found Problems with Willow Stream Capital:
- Not regulated
- Flagged by the SEC
- Suspected as “recycled” broker scam
- Negative reviews
- No transparency.
- No contact information
What You Should Do If You Have an Account with Willow Stream Capital?
You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!