What investors should know about the current warning, their claims, and the next steps
The German Federal Financial Supervisory Authority (BaFin) is currently warning against a number of websites advertising an alleged AI-powered investment platform. Anyone who has deposited funds there risks losing their entire investment. Rogert & Ulbrich is examining potential claims for those affected and exploring ways to recover their money. It is crucial to act quickly and gather evidence.
What BaFin is currently warning about
According to a report by Börse Online dated October 8, 2026, the Federal Financial Supervisory Authority (BaFin) is warning against numerous websites that all use virtually the same advertising copy. The report claims that more and more German households are discovering a new source of income: artificial intelligence that their bank has never offered them. The platform has now been released to the public in Germany, and a newsroom has tested the system for 30 days.
It's striking that the text even includes a risk warning. There are no guarantees of winning, and results can vary. This is precisely what's intended to convey a sense of trustworthiness. The platform name is simply changed depending on the website.
According to the report, BaFin currently lists the following websites:
- goldoren-ki.io
- wertoren-ki.io and wertorenki24.app
- zinsoren-ki.de
- rendzyx.de, rendzyx-ki.de and rendzyxki.de
- nevaldki.io, nevaldki.de and nevaldki24.de
- nevald-direkt.de, nevald-finanz.de, nevald-geld.de and nevald-kapital.de
- nevald-konto.de, nevald-sparen.de and nevald-system.de
- nevalfinanz.de
Experience has shown that this list is not exhaustive. Such websites are created in batches, shut down, and then relaunched under new names. Therefore, the absence of a website on this list is no guarantee of its legitimacy. You can read more about the structure of such sites on our page about... Fake trading platforms.
Have you left your data on one of these websites or already transferred money? Then you should not make any further payments and should have your case reviewed.
This is how the AI investment scam works.
The process for offers of this type follows a pattern that we have learned from many client engagements. Online fraud Know this. The website itself is usually just the bait. The real business only begins after registration.
- Registration: You enter your name, email address, and phone number into a form. This data is often passed on to the people behind the scam.
- Call from the consultant: Shortly afterwards, a supposed financial expert gets in touch. He seems friendly and competent, but urges an initial small deposit, often around 250 euros.
- Fictitious profits: Prices appear to rise in an online account. In many cases, these figures are completely fabricated. No real trading takes place.
- Follow-up shots: Citing the good results, higher amounts are demanded, sometimes including loans or exchange for cryptocurrencies.
- Remote access: Some perpetrators gain access to computers and online banking through programs like AnyDesk.
- Withdrawal freeze: Anyone requesting a refund is first required to pay taxes, fees, or an activation charge. After that, all contact ceases.
According to user reports cited by Börse Online, investors have lost all their deposits with some providers. This aligns with the typical pattern: the money is not invested, but rather transferred through multiple accounts and often via crypto wallets.
Are you being asked to pay a fee for the payout? Do not pay. Such demands only serve to increase the damage further.
Legal classification: Lack of permit and suspicion of fraud
Anyone conducting banking business or providing financial services in Germany requires a license from BaFin. This is regulated by Section 32 of the German Banking Act (KWG). Similar licensing requirements apply to securities and cryptocurrency services. Whether a provider is licensed can be checked in BaFin's company database.
The lack of a permit is more than just a formality. Operating such businesses without a permit is a criminal offense under Section 54 of the German Banking Act (KWG). At the same time, according to case law, the permit requirement specifically protects investors. Anyone who collects funds without a permit can therefore be held liable for damages under Section 823 Paragraph 2 of the German Civil Code (BGB).
If profits are merely simulated and deposits are never invested, fraud under Section 263 of the German Criminal Code (StGB) may also be considered. In civil law, claims for tortious acts and for intentional immoral harm under Section 826 of the German Civil Code (BGB) may then be considered. Answers to basic questions can be found at [link to relevant section]. Frequently asked questions about investment fraud compiled.
Important for context: A warning from BaFin is not a judgment. However, it shows that the supervisory authority sees concrete indications of unauthorized business practices. For those affected, it is strong evidence that can be used in legal proceedings.
Are you unsure whether your provider has the necessary permits? Have this checked before making any further decisions.
Getting your money back: What options are available?
The perpetrators themselves are usually based abroad and operate under false names. Claims against them exist, but are often difficult to enforce. In practice, therefore, attention also focuses on those involved through whom the money flowed.
- Recall of the transfer: If the payment is only a few hours or days old, your bank can attempt a recall. The sooner, the more likely the money is in the recipient's account.
- Credit card and direct debit: For card payments, a chargeback procedure is possible. Direct debits can be reversed within eight weeks.
- Unauthorized payments: If perpetrators have remotely initiated transfers themselves, the bank is generally obligated to reimburse the amount according to § 675u of the German Civil Code (BGB). You can find more information on this topic on our page [link to relevant page]. AnyDesk fraud.
- Banks' obligations: Banks are required to issue warnings in exceptional cases where fraud is highly likely. The receiving bank can also be held liable for breaches of due diligence obligations.
- Payment service providers and cryptocurrency exchanges: If the money was transferred via payment services or trading platforms, there may also be starting points there. We explain the background below. Payment service providers in crypto fraud.
- The money trail: If payment was made in cryptocurrencies, the path of the coins can often be traced. This allows for a Blockchain analysis.
Which course of action is appropriate in each individual case depends on the payment method, the time elapsed, and the available documentation. There is no guarantee of a refund. However, without review, any potential claims will remain unused.
Was your payment made very recently? Inform your bank immediately and have them check your claim at the same time. Every day counts.
What those affected should do now
- Stop payments: Do not transfer any more money, not even alleged taxes or fees.
- Secure evidence: Save screenshots of the website and account, emails, chat histories, phone numbers and all payment receipts.
- Inform the bank: Report the incident in writing and request a refund of the payments. Have your cards and online banking blocked if login details are affected.
- End remote access: Uninstall remote maintenance programs and change all passwords from a different device.
- File a criminal complaint: You can file a report at any police station or online. It is also important for disputes with banks.
- BaFin informs: Information from affected individuals helps the regulator to identify and monitor further websites.
- Have your claims reviewed: A legal review clarifies against whom legal action is worthwhile and what deadlines apply.
Do not sign any declarations presented to you by the platform or an alleged advisor. Further instructions on how to proceed can be found at [link to relevant information]. Lawyer for fraud cases.
The more complete your documentation, the better your case can be assessed. Secure the evidence today before the website is shut down.
Beware of the second scam: Recovery Scam
Many victims are contacted again after a few weeks. Alleged lawyers, investigators, authorities, or recovery services claim that the lost money has been found. They say that only a fee, tax, or deposit needs to be paid for the payout.
These scams are often perpetrated by the same individuals or buyers of victim data. Reputable organizations never require upfront payment to release funds. Neither the German Federal Financial Supervisory Authority (BaFin) nor the police will contact you with such offers by phone or messenger. We describe what support is actually available below. Getting your money back with legal support.
Examine every contact request critically. Reputable law firms can be found via their own website and the official directory of lawyers.
Someone promises you a refund in exchange for advance payment? Don't pay and have the offer checked.
Rogert & Ulbrich: Your lawyers in cases of investment fraud
Rogert & Ulbrich represents consumers nationwide in cases of investment fraud., Crypto fraud and in banking law. The lawyers Dr. Marco Rogert and Tobias Ulbrich With their team, they represent experience gained from over 40,000 mandates taken over and over 25,000 lawsuits filed.
We review your documents, assess the payment methods, and determine against whom claims may exist. This includes correspondence with banks and payment service providers, support with filing a criminal complaint, and, if necessary, legal enforcement.
Have you deposited money or left your data on any of the websites mentioned? Take contact and secure your claims.
