Erscheinung:23.05.2025 | Topic Unauthorised business, Consumer protection GREYMAX Capital: BaFin investigates operators of various websites and warns consumers about identity theft
The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the websites greymaxltd.net, grey-max.com and grey-max.net. According to information available to BaFin, the unknown operators are providing financial and investment services on the websites without the required authorisation. The operators are not supervised by BaFin. GREYMAX Capital claims to be a UK company. This is a case of identity theft.
Anyone conducting banking business or providing 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 particular company has been granted authorisation by BaFin can be found in BaFin’s database of companies.
BaFin is issuing this information on the basis of 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.
