Investor Warning – Finally, German BaFin warns against unauthorized CFD Broker CapitalGMA!
Better late than never, BaFin obviously says to itself. The German regulator issued an investor warning and a cease and desist order against the illegal CFD broker CapitalGMA (www.capitalgmafx.com) on 9 June 2020. According to the information on the scam's website, the broker is operated by Equalizer LTD (Equalizer Ltd EOOD) based in Burgas.
Wirecard Office Raids – German BaFin finally moved against Markus Braun and other directors
The German watchdog took action in the Wirecard case. It was about time and hence it didn't really come as a surprise when Munich law enforcement agents had the offices of Wirecard‘s headquarters searched last Friday. Previously, BaFin had filed a criminal complaint against Wirecard on suspicion of market manipulation. The investigations by the public prosecutor’s office are allegedly directed primarily against Wirecard CEO Markus Braun and his fellow board members. It currently looks as if Braun's time as CEO will soon be over.