Arenstrow GmbH, Berlin

NEWS
Published
Jan 12th '21
Share
Facebook

As of 1 September 2020, Federal Financial Supervisory Authority (BaFinissued a cease and desist order to Arenstrow GmbH, Berlin, to stop the unauthorized money remit-tance business immediately.

 

Arenstrow GmbH accepts funds from private persons on its own accounts for the sole purpose of transferring these funds to mainly foreign accounts of companies based abroad.

 

The administrative order is final.

 

Additional information

 

Source: BaFin