Knowing that even a regulated broker can conduct a scam, we are offering you a solution in case you were involved with Brokereo
What is a broker, Brokereo?
Brokereo is a brand owned by Concorde Investments Ltd from Cyprus. The company was regulated by CySEC in 2013 under the name Skopalino Finance Ltd. Usually, changing the name means there were issues with the old brand. After we’ve got Concorde Investments Ltd, the company opened a new brand concordeinvestments.com.
What we were able to discover is that the brand holds its funds at the bank of Lithuania. And not just company’s funds, but also clients’ funds. And we all know why a company would move to Lithuania financial-wise.
Read our Brokereo review and find out how to get your money back.
How can Brokereo take your money?
How can any illicit company take your money back? By convincing you they are legit. If you saw the Brokereo ad and signed up, you found out that the broker is CySEC regulated. And this regulation brings EU passport. It means that if you are in the EU, you are dealing with a fully licensed business. However, it didn’t stop Brokereo, and some other CySEC regulated brokers from defrauding clients.
You are being connected with a financial adviser whose job is to help you and guide you through the investment process. However, he is starting to question you about all the funds you have and doing calculations. If he was in charge of your funds, you could be two times richer in just a few months. You could afford a dream life. Yes, it all sounds nice, but have you ever tried to withdraw your money?
If you did, then you know it’s a mission impossible. After you ask for a withdrawal, your account is being suspended, and you’ll not be able to see funds again.
After Brexit, all the companies that wanted to provide CFD trading in the UK needed to opt for the FCA regulation. Brokereo didn’t do it, yet it continued to work with the UK residents. And that was the reason for the FCA to react and publish an official warning against Brokereo broker.
After the FCA, the same warning came from the Italian CONSOB. It’s a bit odd that an EU company will report an EU passport holder. Think why it happened.
What to do if you have already gotten into the hands of a scammer?
If you have already been involved with Brokereo, you might be scammed. And if that is the case, you’ll be glad to know you can get your money back. Chargeback is your solution! You can file a dispute and request a refund.
Submit your details on the link below, and our support team will get in touch with you. After you present us with your case, you’ll get an evaluation of the case, and we can start working. Note that our consultation is free. Contact us now. Let’s stop wasting time!