BaFin Warns Consumers About Unauthorised Online Financial Services
The Federal Financial Supervisory Authority (BaFin) warns consumers and investors about a cluster of unauthorised financial services platforms and online investment schemes operating in Germany. According to BaFin, several websites, apps, and messaging groups are offering banking, investment, and cryptoasset services without the required authorisation. Many of these operators are using cloned company details, misleading registration numbers, and identity theft to present themselves as legitimate firms.
Reports indicate that consumers have been contacted through emails, WhatsApp groups, and social media, often receiving offers of high-yield investments or proprietary trading plans. In some cases, operators impersonate authorised firms or financial influencers, providing fake references to licences or regulatory approvals. BaFin has confirmed that none of the companies or individuals involved are licensed to provide financial services in Germany. Engaging with these platforms carries serious financial and legal risks.
Several operators also promote their schemes through mobile apps, trading platforms, and chat groups. Victims are typically encouraged to deposit funds under the promise of exclusive investment opportunities, but access is often blocked once money is transferred. BaFin has emphasised that conducting banking, investment, or cryptoasset services in Germany requires explicit authorisation, and consumers should remain cautious when approached by unverifiable platforms or unsolicited offers.
Known unauthorised platforms and operators include:
| Name / Platform | Channel | Key Details / Fraud Type |
|---|---|---|
|
Centerviewpn Centerview Partners |
centerviewpn(.)com |
Offering investment services without licence; identity theft |
| Verto | ajadetrpe(.)life | Financial and crypto services without licence |
| PCAM / PCAU Pro |
pc-asset-management(.)com, PCAU Pro app, WhatsApp groups |
Identity theft of legitimate firm; unauthorised investment services |
Hottest
Copyright © 2026 FastBull Ltd
Risk Warning
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.