Erscheinung:29.03.2023 | Topic Consumer protection, Unauthorised business BaFin investigates Halebore Ltd
According to information available to BaFin, Halebore Ltd is offering financial and investment services via the websites dbsinvesting.com and investingciti.com without the required authorisation.
BaFin, the German Federal Criminal Police Office (Bundeskriminalamt) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.
Background information:
Financial and investment services may only be offered in Germany with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether particular companies have been authorised by BaFin can be found in BaFin’s database of companies.
The information provided by BaFin is based on section 37 (4) of the KWG.
