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Willow Stream Capital
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Do You Want to Know If Willow Stream Capital Is Legitimate or a Scam Broker?
Willow Stream Capital may ring a bell to some people, especially those who follow news stories about high-profile scams. Actually, it’s not Willow Stream but Willow Creek that got in trouble. However, many scams often get a second lease on life by slightly changing their names and operating again. We think this may be what’s going on with Willow Stream–it isn’t 100% certain, but it looks sketchy.
There Are Some Problems with Willow Stream Capital
In 2018, Willow Creek Advisors was busted by the SEC for illegal activities. The founder Nicholas Joseph Genovese had been making misleading and fraudulent statements about market capitalization and didn’t disclose past bankruptcy to clients as well as prior convictions of forgery and grand larceny. Not surprisingly Genovese had misappropriated clients’ funds and Willow Creek was closed down. Interestingly, we see a Willow Stream Capital that has been flagged by the SEC for offering trading without a license. Could this be a second incarnation of Willow Creek? Even if not, it’s been flagged by the SEC, which is reason enough to stay away.
Red Flags that Willow Stream Capital Could Be a Scam Broker
- No license
- Flagged by the SEC
- Could be another version of broker scam Willow Creek
- No transparency
- Misleading statements
- Bad reviews
If You Need Fund Recovery from Willow Stream Capital, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.