Erscheinung:17.04.2025 | Topic Unauthorised business, Consumer protection 500 intal: BaFin warns against websites 500-intal.com, 500intal.com and 500-intal.org
The Financial Supervisory Authority BaFin warns against offers on the websites with the name “500 intal”. According to its findings, companies Exion Edge, GPR Alora Ai and IntalAiTrade are providing on these websites financial and investment services without the required authorisation.
Anyone providing financial or investment services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the required authorisation. Information on whether companies have been authorised 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.
