What is a Broker StockCore?
Firstly, let’s explain what StockCore is. If you’re reading this, you probably know it’s an offshore online brokerage without financial regulation. The company itself is based in the British Virgin Islands and has no authority to provide financial services.
Yet, you can find clients from almost all over the globe complaining about this particular company.
For more information, read our StockCore review.
How Can StockCore Take Your Money?
There are a lot of ways a scam broker can take your money. A lot depends on the fact whether the brokerage is regulated or not. If a company has a license, there are rules to follow, and defrauding clients is a bit more complicated. Also, if a regulator notices illegal activities, the company will be fined for doing so.
On the other hand, we have brokers such as StockCore, without regulations and based offshore. Unfortunately, offshore regulators do not care too much who will open an account under their jurisdiction. They do not require compensation funds and do not fine companies. So scam brokers feel free to do just about anything. And by “anything,” we mean literally anything. Starting with false promises to stealing clients’ money directly from their bank account.
According to StockCore reviews, the company uses AnyDesk, an application that connects the company’s computer to your desktop or mobile phone, so the broker can access everything you have, including passwords, pins, and bank accounts. With such access, they can log in to your bank account and withdraw all of your funds. It’s challenging to prove that your bank never approved such a transaction since you did allow access to your bank application and provided all of the codes.
If something similar has happened to you, please let us know. Our team of experts will assist you with this matter and help you file a dispute for a chargeback.
In Italy, there’s an official warning published by their regulator, CONSOB, against Konstos Marketing Ltd and their brand StockCore. According to this warning, the broker provides financial services illegally around the EU, mainly in Italy.
All of those scammed by StockCore should file a complaint immediately and request their money back.
If that’s the case with you, let us know.
What to Do If You Have Already Gotten into the Hands of a Scammer?
If you have been scammed by StockCore, do not be upset. It can happen to anyone. Scammers these days have sophisticated ways of persuasion.
However, you should get help from experts. You should ensure that your chargeback dispute will be resolved in your favor. Contact us via the form provided below to let us know what happened and let our team of professionals find a tailor-made solution for your case.