Erscheinung:08.05.2025 | Topic Unauthorised business, Consumer protection BaFin warns consumers about Vera Capitals
The Federal Financial Supervisory Authority (BaFin) warns consumers about services offered by the company Vera Capitals, which claims to be based in Stuttgart. BaFin suspects the unknown operators of the websites vra-capitalis.com and cfd.vra-capitalis.com of offering consumers financial, investment and cryptoasset services without the required authorisation. The operators claim to be supervised by the “European Financial Supervisory Authority”. There is no such authority; BaFin has already issued a warning to this effect.
The services offered have no connection with Vereinigung Baden-Württembergische Wertpapierbörse e. V., whose register data are being used fraudulently on these websites.
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.
