BaFin, Germany’s Federal Financial Supervisory Authority, has issued a consumer warning against the website whitetip-invest.de, which it suspects of offering unauthorized financial and investment services. The alert, issued on October 22, 2026, identifies the operator as engaged in identity fraud by falsely claiming affiliation with the legitimate Greek company Whitetip Investments A.E.P.E.Y.
- Website under investigation: whitetip-invest.de
- Legitimate company impersonated: Whitetip Investments A.E.P.E.Y. (Greece)
- Regulatory basis: Section 37 (4) of the German Banking Act (KWG)
- Alert date: October 22, 2026
Whitetip Investments A.E.P.E.Y. has explicitly denied any connection to the fraudulent website or the services it promotes. BaFin stressed that the operators of whitetip-invest.de have not obtained the required authorization to provide financial services in Germany.
BaFin, the German Federal Criminal Police Office (BKA), and state-level criminal police offices have jointly cautioned consumers about internet-based financial fraud. The authorities urge potential investors to conduct thorough due diligence before committing funds online and to recognize common fraud indicators early. BaFin maintains a public database of unauthorized companies and provides guidance on identifying and protecting against financial market fraud on its website.
This warning underscores the growing sophistication of investment fraud schemes that exploit legitimate company identities to attract unsuspecting investors.
