The notorious Deutsche Handelsbank has been in the FinTelegram focus as a scam facilitator over the last four years. In July 2021, the German bank announced that it would terminate its payment services business. The bank's CEO Frank Schlaberg (LinkedIn) left the bank in August 2022 to become co-CEO of Bankhaus von der Heydt. According to insiders, German prosecutors are still investigating Deutsche Handelsbank and its business activities based on many complaints.