Erscheinung:24.01.2025 | Topic Unauthorised business, Consumer protection fincareglobal.org: BaFin warns of website and points out suspected identity theft
The Federal Financial Supervisory Authority (BaFin) warns of the website fincareglobal.org. According to its findings, the operator offers financial and investment services there without a licence.
The website operator mainly appears under the name ‘Finance C G’ or ‘Finance C G Global Ltd’. In some places, however, he also calls himself ‘Fincare Global PTE. Ltd’ and claims to be based in Singapore and regulated by the Financial Services Commission of Belize (FSC, Financial Services Commission of Belize).
In the past, the operator has also provided customers with business addresses in Frankfurt am Main and London, United Kingdom. In addition, he was previously responsible for the identical, now inactive websites fincare-global.org, fincare-global.ltd and fincare-global.net.
BaFin has no information about a possible connection between the fincareglobal.org website and the fincareglobal.com website, which is operated by FinCARE Global Pte Ltd. This is presumably a case of identity theft at the expense of the company mentioned.
Anyone offering financial or investment services in Germany requires a licence from BaFin. However, some companies offer such services without the required licence. You can find information on whether a particular company is licensed by BaFin in the company database.
BaFin bases this information on section 37 (4) of the German Banking Act (Kreditwesengesetz).
