Socrates Legacy

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CheckBroker register › Socrates Legacy
AC-502201

Socrates Legacy

⚠ Flagged on the register · High risk

We checked Socrates Legacy against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Unregulated / unlicensed⚑ Offshore / shell registration

What we found

Socrates Legacy claims to be a financial service provider operated by Socrates Legacy LTD, and has registered by Comoros Union with International Brokerage and Clearing Houses license, offering forex trading in financial markets. Upon investigation, we found that Socrates Legacy LTD is not regulated by the MWALI INTERNATIONAL SERVICES AUTHORITY (MISA) in Comoros. And it is illegal to provide financial derivatives services such as Forex trading in Comoros. At present, there is no regulatory authority that has officially authorized financial derivatives trading services in Comoros. The truth is that Socrates Legacy is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. Socrates Legacy is a scam.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report Socrates Legacy.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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