KNF adds 6 new entities to the list, including 4 investment scams
Polish Financial Supervision Authority announced on March 13, 2025, that it had expanded its warning list by 6 new items. These are primarily so-called "investment platforms" operating without any permits, the purpose of which is to extort funds from unsuspecting investors. The following have been added to the warning list: Apex Fin. Bank, Prime Capital Credit Union Investment Bank, Smart Invest Studio, Lincoln Financial Service Ltd, www.szybkopodzastaw.pl and facebook group "BPH Investment Fund Company". More details below.
KNF supplements the list of warnings
The KNF public warning list is a list of entities against which proceedings are being conducted by the prosecutor's office. These are usually companies, people or fictitious entities suspected of violating laws and regulations related to investments, finances and more. In practice, these are very often typical fraudsters whose only goal is to extort funds or personal data from potential victims. These are also companies that have violated Polish law in terms of their activities, e.g. in terms of advertising, information contained on the website and more. But not always.
In this case, 6 entities were put on the warning list, 4 of which are traditional "investment scams" that create fictitious investment platforms. The other two entities are a Facebook profile that illegally uses the name "investment fund company" and a website offering collateral loans.
The KNF warns against:
- Apex Fin. Bank operating using the website apexfinbgw.sbs
- Prime Capital Credit Union Investment Bank operating using the website primecapitaleuco.sbs
- entity operating through the website www.szybkopodzastaw.pl
- an unidentified person running a profile on the social networking site Facebook under the name "BPH Investment Fund Company"
- Smart Invest Studio operating through the website www.smartinveststudio.com
- platform Lincoln Financial Services Ltd using website addresses: lincolnfinancialservicesltd.com, lincolnfinancialservicesltd.net, lincolnfinancialservicesltd.trade, lincolnfinancialservicesltd.vip, financelinclcompany.com, lincolnfinaff.online, lincolnfin.online
Stay alert!
There are many scams on the market and people impersonating legally operating companies, and the number of them is growing all the time. Such entities are just waiting for a careless investor to fall victim. Recovering funds is not always possible. In addition to reporting the matter to the police or to an institution regulating financial markets (e.g. Polish Financial Supervision Authority), however, it is worth reading the information that may be helpful in the fight to recover the money.
We warn against using the services of unlicensed companies. Before opening an account, always make sure it is correct the broker has the appropriate regulations and permits at the indicated financial market supervisory institution.