WS Group
On May 21, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against WS Group for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_05_16_ws_group_info_en.html;jsessionid=0B2DB9BA7EF0986EC3CBAF50D984A72B.internet981
On May 21, 2025, the Federal Financial Supervisory Authority (BaFin) issued a warning against WS Group for the lack of the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2025/meldung_2025_05_16_ws_group_info_en.html;jsessionid=0B2DB9BA7EF0986EC3CBAF50D984A72B.internet981The website WS Group is only about one month old, whose domain name was just registered in late April 2025. We looked into this website but haven't found any valid information to suggest that it is properly registered or authorized. What's more, the Federal Financial Supervisory Authority (BaFin) issued a warning against WS Group for the lack of the required authorization.
In essence, WS Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. WS Group appears to be a scam.
The website WS Group is only about one month old, whose domain name was just registered in late April 2025. We looked into this website but haven't found any valid information to suggest that it is properly registered or authorized. What's more, the Federal Financial Supervisory Authority (BaFin) issued a warning against WS Group for the lack of the required authorization. In essence, WS Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. WS Group appears to be a scam.
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