07/10/2026 | Press release | Distributed by Public on 07/10/2026 00:55
The German Financial Supervisory Authority (Bafin) warns about fixed-term deposit offers on the website novumcapital(.)org. It is suspected that unknown operators are offering banking and financial services without the required authorisation.
10.07.2026
Contrary to the information provided on the website, there is no connection with Novum Capital Management GmbH & Co. KG. This constitutes identity fraud.
Bafin warns about fraudulent term deposit offers.
Anyone offering banking transactions, financial, securities, crypto-asset services, or payment services in Germany requires authorisation from Bafin. However, some companies offer such services without the necessary authorisation. Information on whether a specific company is licensed by Bafin can be found in the database of companies.
Bafin's information is based on Section 37(4) of the German Banking Act (Kreditwesengesetz).
Caution
Bafin, the German Federal Criminal Police Office (BKA) and the German state criminal police offices (Landeskriminalämter) warn consumers to watch out for internet-based financial fraud. If you wish to invest money online, exercise the utmost caution and do the necessary research beforehand in order to identify attempted fraud at an early stage.
In the Recognising financial fraud section of our website, you can view Bafin's current warnings about companies operating without the required authorisation and find out how to protect yourself from fraud on the financial market.