Erscheinung:08.08.2024 | Topic Unauthorised business, Consumer protection Identity theft: Bafin warns consumers about website ai-phemex.com
The Federal Financial Supervisory Authority (BaFin) warns consumers about the website ai-phemex.com. According to information available to BaFin, financial and investment services are being provided on this website without the required authorisation. BaFin expressly points out that the licensed securities institution Pepperstone GmbH contrary to the information in the imprint does not operate the website. This is a case of identity theft.
Anyone providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation.
The information provided by BaFin is based on section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG).
Please be aware:
BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) 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.
