Erscheinung:25.02.2025 | Topic Unauthorised business, Consumer protection stonleytrading.com and stonley-ltd.pro: BaFin warns consumers about services offered by Stonley Trading Ltd
The Federal Financial Supervisory Authority (BaFin) warns consumers about offers on the websites stonleytrading.com and stonley-ltd.pro. According to its findings, Stonley Trading Ltd, allegedly based in London, UK, is offering investment services on these websites without authorisation.
Anyone wishing to provide investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether a particular company has been granted authorisation by BaFin can be found in BaFin’s database of companies.
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.
