Erscheinung:28.01.2020 | Topic Unauthorised business Aurum Conparator UG (haftungsbeschränkt), Berlin: BaFin issues cease and desist order to immediately stop and wind up unauthorized money remittance business
As of 7 November 2019, BaFin issued a cease and desist order to Aurum Conparator UG (haftungsbeschränkt), Berlin, to stop and wind up the unauthorized money remittance business immediately.
Aurum Conparator UG (haftungsbeschränkt) accepts funds from private persons on its own accounts for the sole purpose of transferring these funds to mainly foreign accounts of compa-nies based abroad. Among these companies are the owners of unlicensed trading platform as www.nobeltrade.com.
The administrative order is final.