Tha German and Austrian financial regulators warned against SWKInvest broker scam offering financial and securities services. The operator is not stated on the website, nor is the company’s registered office or the acting persons. The same scammers also have the Kingdom Invest scam, which has disappeared in the meantime and about which BaFin has also already warned. Potential victims can lose their money via credit/debit cards, bank transfers, and crypto. Stay far away.
Europrofits Key data
|Domains||Credit/debit cards, crypto|
|Attacking languages||English, German|
|Social media||not exposed|
|Legal entities||A.K.P.U Group LLC|
Bright Space Ltd.
|Contact data||not disclosed|
|Jurisdiction||St. Vincent & The Grenadings|
|Related individuals||not disclosed|
|Payment options||St. Vincent & The GrenadinesSeychelles|
|Trustpilot||3.3-star rating with an “Average” trust rating|
|Warnings||BaFin against SWKInvest, FMA|
BaFin against Kingdom Investments
In correspondence with customers, SWKInvest claims to be doing business at the corporate address of Süd-West-Kreditbank Finanzierung GmbH. This German credit institution has BaFin approval. However, this is not the case with SWKInvest. Rather, the use of the abbreviation “SWK” is to be classified as misuse of identity at the expense of Süd-West-Kreditbank Finanzierung GmbH, the BaFin concludes.
In addition, it has come to the attention of the supervisory authority that employees of SWKInvest are apparently using forged documents for their business activities, including those of the U.S. Financial Industry Regulatory Authority (FINRA), the European Securities and Markets Authority (ESMA), and the U.K. Financial Conduct Authority (FCA). In this way, the company’s own respectability is to be feigned.
If you have any information about SWKInvest, its operators, and its facilitators, please share it through our whistleblower system, Whistle42.