Erscheinung:10.04.2025 | Topic Unauthorised business, Consumer protection handelsfusion.com: BaFin warns of website and points to suspected identity fraud
The German Federal Financial Supervisory Authority (BaFin) is warning about the website handelsfusion.com. According to its findings, financial and investment services as well as crypto-security services are offered there without authorisation.
The website operators listed are Handels Fusion UK Limited, Handels Fusion Ltd. and Handels Fusion Management Ltd. The alleged registrations with the UK and Cypriot financial market authorities (FCA – Financial Conduct Authority and CySEC – Cyprus Securities and Exchange Commission) cannot be confirmed. In addition, the website refers to a licence granted by CySEC to Fusion Markets EU Ltd. BaFin has no information indicating that Fusion Markets EU Ltd is in any way connected to the offers made on the website handelsfusion.com or the operator of the website. It can be assumed that Fusion Markets EU Ltd is the victim of identity fraud.
Anyone offering financial or investment services or crypto-currency services in Germany requires a licence from BaFin. However, some companies offer such services without the necessary authorisation. You can find information on whether a particular company is authorised by BaFin in the company database.
The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).
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.
