01.09.2023
In the complex world of financial markets, where trust is of paramount importance, one occasionally encounters actors who abuse this foundation for dishonest dealings. Our in-house research department has conducted an in-depth investigation into the Avantax Invest Group, a platform that at first glance appears to shine with professionalism and transparency. Behind this facade, however, a disturbing picture emerges. In this report, we present our comprehensive findings and shed light on the dubious aspects of this company. Have you had any experience with this shady player? Have you also been promised hyper-lucrative shares, only to be left empty-handed? So much in advance: You are not alone! And the BaFin warning now seems to bring some movement into the game!

Glitter and deception: The Avantax Invest Group is more appearance than reality!
The online presence of the Avantax Invest Group at avantaxinvestgroup.com radiates impressive, serious professionalism. Superficially appealing offers, the prospect of lucrative returns, and an alleged team of experts suggest a trustworthy investment platform. However, these promising promises quickly turn out to be mere spectacles; in fact, investors' capital flows directly into the pockets of those behind the scenes, without any investment in profitable stocks or trading. What is left is mere staging and illusion.

Concealment of Identity: In the Shadow of the Internet
Conspicuous by its absence is a transparent imprint on the website in question, a tactic that makes it difficult to identify the masterminds. In addition, the owners of the avantaxinvestgroup.com domain hide behind anonymization services. Our research revealed that the domain was registered to PDR Ltd. on April 20, 2023, but behind a veil of anonymity. So far, it is unknown who once registered this website.

Contact details are suspect and sites appear to be phantoms
The platform offers several ways to contact potential investors: An email address (info@avantaxinvestgroup.com) and two phone numbers with area codes +44 2036034926 (UK) and +35 227940077 (LU). As far as the company's location is concerned, two fancy addresses are given: 25 Churchill Place, E145SH, London (UK) and 5, Allée Scheffer, L-2520 in Luxembourg (LU). However, our research could not confirm any physical presence of the company at these locations.

Legal disputes regarding the company name and current warnings
Our research in the global context revealed that Avantax Invest Group is nowhere listed in the relevant registries; the company is effectively a figment of the imagination. Sure, there are companies with such (or similar) names, but none of them is the originator of the avantaxinvestgroup.com domain! I wonder if the perpetrators are deliberately misusing their identity since they have chosen a name for their fraudulent construct that can be found several times on the Internet. As early as August 29, 2023, the German Federal Financial Supervisory Authority (BaFin) issued a warning regarding avantaxinvestgroup.com. It should only be a matter of time before other regulators sound the alarm, such as the Swiss FINMA or the Austrian FMA.

Summary: Run, watch the distance! Under no circumstances is avantaxinvestgroup.com serious!
Avantax Invest Group presents itself as a supposedly reputable company in the financial industry, but our investigations reveal the true face of a dubious company. With a glossy online presence, anonymized data, and highly polished but unconfirmed location details, the platform proves to be a prime example of highly suspicious activities in the investment sector. As regulators have already expressed their concerns, it is of utmost importance to warn about such misleading and potentially harmful platforms.

Help if you have already been scammed: Call us!
If you think you may have been the victim of fraudulent tactics, contact us. Our entire team of over forty people - consisting of experienced lawyers, highly motivated investigators, and certified IT specialists - is ready to assist you. Because we can say with certainty that all financial transactions are traceable, whether you've made them via bank transfer or cryptocurrency! We have a whole pool of skills that we can draw on to help you get justice! We specialize in investment fraud, we know what to do! You can reach us at +49 (0)30 8859770 or contact us via our online form. We offer a free and no-obligation analysis of your case.