The German financial supervisory authority BaFin warns that FGI Finance a/k/a Itia Invest offers consumers shares and other financial instruments without having a permit. FGI Finance presents itself as an asset manager with an address in Hamburg, Germany, and other addresses in the United Kingdom, the U.S., and Panama. FGI FINANCE UK LLP, part of the FGI Worldwide LLC group of companies, allegedly operates the scheme. Stay far away!
Key Data
| Trading names | FGI FGI Finance Financial Group International ITIA Invest |
| Scam activity | Investment scheme |
| Domain | https://fgi-finance.com www.fgiww.com |
| Legal entity | FGI Finance UK LLP FGI Worldwide LLC FGI Worldwide Holdings LLC |
| Jurisdictions | United Kingdom United States |
| Contact data | +(44) 2045790020 +(49) 40 228 513 12 [email protected] |
| Related individuals | David DiPiero (LinkedIn) |
| Payment options | on request |
| Authorization | No |
| Warnings | BaFin |
Short Narrative
FGI Finance is operated by FGI Finance UK LLP, registered in the UK. The partners of this entity are FGI Worldwide LLC and FGI Worldwide Holdings LLC, registered in Delaware. FGI bills itself on the U.S. side as a Global Leader in Commercial Finance.
New York-based David DiPiero serves as chairman and CEO.
According to BaFin, there has recently been an increase in reports of attempted fraud in which shares in well-known companies are offered for subscription. However, these shares are not delivered after payment by the buyers, and the providers can no longer be contacted.
Report Scams
If you have any information about FGI Finance, its operators, and its facilitators, please let us know via our whistleblower system, Whistle42.
