BaFin sounds the alarm: Fraudulent fixed-term deposit offers on Kohler partners!

BaFin sounds the alarm: Fraudulent fixed-term deposit offers on Kohler partners!

The Federal Financial Supervisory Authority (BaFin) has issued an urgent warning about possible fraudulent offers on the website kohler-partner.com. Investors who invest their money there as fixed-term or overnight deposits could have become victims of an unauthorized and fraudulent financial offer. This site attracts users with tempting terms such as “fixed-term deposit”, “call money” and “guaranteed interest”, but was identified by BaFin as a provider without the necessary license to provide financial services in Germany. According to anwalt.de, investing money on this platform poses a significant risk for investors.

BaFin warns that potential victims should act quickly to potentially reclaim their claims. Typical methods used by fraudulent providers include attractive interest rates and friendly communication as long as new deposits are made. However, when it comes to withdrawal requests, contact often breaks off, followed by new demands for money for alleged withdrawal approvals or verifications. It can be assumed that this is a criminal system that aims to defraud investors of their assets.

Dangers for investors

The operator of kohler-partner.com operates under different names, including Kohler-Partner and MA BV Kohler Partner. BaFin has once again emphasized that a license is required to offer financial services in Germany. Without this approval, investors cannot be legally protected. Bankruptcies or the disappearance of providers are further risks for victims, who often do not know how to proceed to get their money back. In an interview with the Deutsche Rechtsanwaltszeitung, lawyer Jens Reime explained that consumers should be suspicious of promised high returns without risk.

BaFin offers comprehensive information on the detection of financial fraud and current warnings about companies operating illegally. The warning is based on Section 37 Paragraph 4 of the Banking Act. The documented risks to consumers are serious and include loss of money and identity theft. It is therefore important that those affected react quickly.

What those affected can do

BaFin advises injured parties to have their case examined by a lawyer specializing in banking and capital markets law. Possible steps to recover lost money include checking payments processed through banks and investigating evidence of brokerage or advice. Technical traceability of money flows or wallets through blockchain tracing can also be helpful. Acting quickly is crucial and increases the chances of a recovery.

In addition, those affected who have invested on such platforms should consider the following measures:

• Stoppen jeglicher Geldtransfers, wenn möglich.
• Bank oder Kreditkartenunternehmen über den Vorfall informieren.
• Eine Anzeige bei der Polizei erstatten.
• Rechtlichen Beistand suchen.

BaFin appeals to the public to remain vigilant and to inform themselves about such unauthorized offers in order not to become victims of fraud. Further details on the current warnings are available directly on the BaFin website.