Warning: Is Lencor a Scam?

Review: Lencor (lencor.net)

Be wary of Lencor (lencor.net); it exhibits many signs of a scam.

We found that it is located at Sihlquai 2538005 Zürich, Switzerland, the phone number is (765) 456-768, and the support email is support@lencor.net.

Lencor appears to be a trading provider, but it appears unregulated by any top-tier commission, such as the FCA or SEC.

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Can You Trust Lencor?

Our investigation reveals that Lencor is missing a valid license.

Investing with unlicensed entities is extremely dangerous. Trusted firms are always registered with bodies like the FCA, CySEC, or CFTC for your protection.

Lencor lacks this protection. As a result, there is no protection if they keep your funds. Most online scams involve unregulated actors, and getting back funds from them is difficult without professional help.

For example, in the UK, unauthorized firms are not covered by the compensation schemes. In the US, they are not members of SIPC, meaning your capital is at risk.

How They Steal Money

Online trading fraud is getting smarter. Fraudsters use manipulation to steal wealth. Here are typical tactics seen in brokers like Lencor (lencor.net).

Pig Butchering & Romance Scams

"Pig Butchering" is a cruel tactic where scammers build trust over months. They build a romance on social media. Once trust is built, they introduce a special investment. It's a trap to get you onto a scam site like Lencor.

Rigged Platforms

Scammers create websites that look exactly like legit trading apps. You see graphs and profits that go up. But it is a game. The scammer manipulates the prices to convince you so you invest more. If you ask for a payout, the "profits" are gone.

Red Flags

• Unsolicited Contact: You get calls from "brokers" out of the blue.
• Unregulated: The firm has no authorization.
• Guaranteed Profits: They promise huge profits with no risk.
• Cannot Withdraw: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to invest bigger amounts.

Ignore positive ratings. Scammers frequently write their own positive comments to appear real.

Final Thoughts

We do not recommend Lencor. It is likely a scam. Save your funds and find a licensed broker. Avoid lencor.net at all costs.