Federal Financial Supervisory Authority of Germany (BaFin)
Federal Financial Supervisory Authority of Germany (BaFin)
08/31/2026 | Press release | Distributed by Public on 08/31/2026 23:27
mybwebpro(.)com: Bafin warns consumers about website
mybwebpro(.)com: Bafin warns consumers about website
The Federal Financial Supervisory Authority (Bafin) warns consumers about the company Bwebpro Bank and the services it is offering. Bafin suspects the unknown operators of using the website mybwebpro(.)com to offer loans to consumers and thus conduct banking business without the required authorisation. The operators of the website sometimes also refer to themselves as Kosbou Finance.
31/08/2026
Anyone conducting banking business in Germany may do so only with authorisation from Bafin. However, some companies conduct such business without the necessary authorisation. Information on whether a particular company has been granted authorisation by Bafin can be found in Bafin's database of companies.
Bafin is issuing this warning on the basis of section 37 (4) of the German Banking Act (KWG).
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.
Federal Financial Supervisory Authority of Germany (BaFin) published this content on August 31, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 01, 2026 at 05:27 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]