Erscheinung:05.04.2024 | Topic Unauthorised business, Consumer protection CapitalPartners24: BaFin warns consumers about the website capitalpartners24.com
The Federal Financial Supervisory Authority (BaFin) warns consumers about the company CapitalPartners24 and the services it is offering. BaFin suspects the operators of the website capitalpartners24.com of offering consumers financial and investment services without the required authorisation. The operators claim that consumers can trade in shares, bonds, currencies, commodities and crypto assets on this website.
Anyone wishing to conduct banking business or provide financial or investment 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 company has been granted authorisation 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.
