Erscheinung:02.09.2025 | Topic Unauthorised business, Consumer protection quadrikam(.)com: BaFin warns against offers on the website and points out identity theft
The German Financial Supervisory Authority (BaFin) warns against offers on the website quadrikam(.)com. Based on current information, there is no connection to Quadrik Asset Management AG, which is supervised in Switzerland. This is likely to be a case of identity theft.
The operators of the website offer unsolicited fixed-term deposits in Germany by telephone and email. They claim to be employees of Quadrik Asset Management AG and give the impression that they cooperate with licensed banks. Neither of these claims is true.
Anyone conducting banking business or providing financial, investment or crypto asset 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.
