Erscheinung:17.07.2024 | Topic Consumer protection, Unauthorised business Hodl Options Global: BaFin warns consumers about the website hodloptionglobal.com
The Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the website hodloptionglobal.com. According to information available to BaFin, Hodl Options Global is providing financial and investment services on this website without the required authorisation.
The website includes an image creating the impression that the company is licensed by BaFin.
(c) hodloptionglobal.com
The “licence” pictured here is fictitious. Hodl Options Global has not been granted authorisation from BaFin.
The operator of hodloptionglobal.com is presumed to operate several other websites that also use the fake licence shown above. These websites include:
- globalsurestasset.com
- globpromal.com
- larkproglobe.com
- ledgerinkmtk.com
- paragloin.com
- wealthprofittr.com
On these websites, too, financial and investment services are being provided without the required authorisation.
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.
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.
