Well Treasure
We checked Well Treasure against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Well Treasure is not a reliable broker for traders even though it states offers that look good to be true. Well Treasure claims to be registered by the Commerce and Industries Ministry of Panama (License Number: 155679327-2-2019-2019-611444). However, please be informed that the Commerce and Industries Ministry of Panama is not a regulatory body that issues licenses for forex trading or regulates entities engaging in forex services. That means Well Treasure is not under valid regulations to do forex by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Well Treasure.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.