Erscheinung:22.07.2025 | Topic Unauthorised business, Consumer protection Fbswealth: BaFin additionally warns consumers about the website ic-swiss.eu
The Federal Financial Supervisory Authority (BaFin) again warns consumers about the company Fbswealth and the services it is offering. The unknown operators are now using the additional website ic-swiss.eu. BaFin suspects the operators of the website of offering consumers financial, investment and cryptoasset services without the required authorisation.
BaFin published a warning about Fbswealth on 10 July 2025.
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. Information on whether a particular company has been granted authorisation by BaFin can be found in BaFin’s database of companies.
BaFin is issuing this warning 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 – 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.
