Erscheinung:29.09.2020 | Topic Unauthorised business Simhaone Handel UG (haftungsbeschränkt) i.G., Berlin: BaFin issues cease and desist order to immediately stop unauthorized money remittance business
As of 12 May 2020, BaFin issued a cease and desist order to Simhaone Handel UG (haftungsbeschränkt) i.G., Berlin, to stop the unauthorized money remittance business immediately.
Simhaone Handel UG (haftungsbeschränkt) i.G. accepts funds from private persons on its own accounts for the sole purpose of transferring these funds to mainly foreign accounts of companies based abroad. Among these companies are the owners of unlicensed trading platforms as fibonetix.com.
The administrative order is final.
