Erscheinung:16.01.2025 | Topic Unauthorised business, Consumer protection KapitalWert: BaFin warns consumers about another website – marktkapital.com
The Federal Financial Supervisory Authority (BaFin) is still warning consumers about the company KapitalWert and the services it is offering. On 30 October 2024 and 27 December 2024, BaFin issued warnings about KapitalWert and its websites kapitalwert.pro and markt-kapitalwert .com, which have since been deactivated. The unknown operators are now using the nearly identical website marktkapital.com. BaFin suspects the operators of the websites of offering consumers financial and investment services on these platforms without the required authorisation.
The content of the websites is identical to other platforms that BaFin has previously warned consumers about and that display the same opening sentence: “Upgrade Your Trading With…”.
Anyone conducting banking business or 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. Information on whether a particular company has been granted authorisation by BaFin can be found in BaFin’s database of companies.
Theinformation 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.
