Fiscor Crypto Asset Recovery Scam

Lost money to a crypto or trading scam? Read this first:

If your losses exceed £3,000 (in the UK) or $10,000 worldwide The Crypto Adviser can offer advice on recovering your funds. 

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Fake crypto recovery platforms are unfortunately all too common, and Fiscor is another such scam that is tricking people out of their funds.

It is often people who’ve already been targeted by scammers and have lost cryptocurrency that are approached by Fiscor and told that their funds have been found and can be recovered.

Victims are then encouraged to hand over a large fee to secure the recovery of their stolen cryptocurrency, only for it to transpire that Fiscor itself is a fake platform.

The Fiscor scammers go to great lengths to convince people that the company is genuine, such as producing lengthy contracts setting out their terms and what the fees will pay for.

However, there are enough red flags surrounding this entity to make it clear it’s a scam. Some of the issues include:

• The company claims to have been set up in 2009 yet at the time of writing the domain name was only two months old. This is often a sign that a platform is a scam.
• The platform does not have any social media channels which is strange given the fact it claims to be a large company with a multinational presence.
• Many of the Trustpilot reviews for Fiscor are clearly fake and have been left in a very short space of time since the domain was registered. This is a sure sign that scammers are trying to manipulate the perception of a business.
• The information on the Fiscor website is very generic, as are the images. It appears to have been set up in a hurry with content scraped from other websites.
• While the platform does have a UK company registration certificate, this is very new and no accounts have been filed. Unfortunately, it’s still incredibly easy to register a company name in the UK – something that scammers frequently take advantage of. The UK Government is planning a crackdown on this.

Given the reasons above and the reports that have been submitted to The Crypto Adviser about Fiscor, it would be prudent to steer clear of this platform.

If you suspect a site is fake, get in touch.

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