Peelhuntaicore: BaFin warns consumers about services offered in WhatsApp groups

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The Federal Financial Supervisory Authority (BaFin) warns consumers about the WhatsApp groups operated by Peelhuntaicore, such as “Gruppe für Börsengewinne-30”, “Gruppe für Börsengewinne 46”, “Ertrag durch Struktur 23”, “ErfolgreichReich Club VIP12”, “Vermögensaufbau Club 14”, “Gruppe für Börsengewinne 38”, “Börstenstrategien VIP22” and “Ertrag durch Struktur35”. In these WhatsApp groups, consumers are tricked into using the Peelhuntaicore app to trade in financial products. BaFin suspects the unknown operators of offering consumers banking business and/or financial services without the required authorisation. The operators are not supervised by BaFin and have no connection to the licensed institution Peel Hunt Europe Fondsmaeglerselskab A/S.

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