BaFin has informed that the 24shares broker scam uses the BaFin logo to communicate with client-victims in an unauthorized and thus fraudulent manner. Moreover, boiler room agents of the broker scam are making unsolicited calls to German investors. The 24shares agents untruthfully state that BaFin has prompted them to make contact. They pretend to offer help with money losses that the investors have suffered in the past when investing.