Erscheinung:14.02.2025 | Topic Unauthorised business, Consumer protection Identity fraud: BaFin warns consumers about the company Zinsverwalter
The Federal Financial Supervisory Authority (BaFin) warns consumers about the company Zinsverwalter and the services it is offering. BaFin suspects the unknown operators of the websites zinsverwalter.de and zinsverwalter.com of offering consumers financial, investment and cryptoasset services without the required authorisation. These offers are not provided by WALTER Investment-Vermittlungs GmbH, Stuttgart, which has no connection to the aforementioned websites. This is a case of identity fraud.
The unknown operators are contacting consumers, claiming that their offer is from WALTER Investment-Vermittlungs GmbH. In addition, when advertising its services, the company claims to be supervised by BaFin. However, none of this information is correct. This is a case of identity fraud. Moreover, BaFin does not supervise WALTER Investment-Vermittlungs GmbH.
Anyone providing financial, investment or cryptoasset services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation.
BaFin is issuing this information on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG) and section 10 (7) of the German Cryptomarkets Supervision Act (Kryptomärkteaufsichtsgesetz).
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.
