BaFin warns about identity fraud

Germany-based regulator BaFin has issued an official warning regarding the reported identity fraud licenced investment firm Wellington Management Europe.

Bundesanstalt für Finanzdienstleistungsaufsichtis (BaFin) issued a warning that the website wellingtonfundsfr.com is in no way connected to the licensed company Wellington Management Europe, which would make the company a victim of identity fraud.

Furthermore, the operator of the website wellingtonfundsfr.com has not been granted authorisation by BaFin. The operator fraudulently uses a link to the database of companies on BaFin’s website, the official statement concluded