BaFin warns of fake call-money and fixed-deposit offers on denmarkubs.com misusing UBS Europe SE's identity

What happened

On 22 October 2026 Germany's financial regulator BaFin warned about the website denmarkubs.com, which offers call-money (Tagesgeld) and fixed-deposit (Festgeld) products. BaFin says it suspects the operators are providing banking and financial services without the required authorisation, and that the site is misusing the identity of UBS Europe SE, which has no connection to the website. BaFin's notice gives the domain as denmarkubs.com in its text but as 'Denmarksubs.com' in its headline and page address, so both spellings are listed here. UBS Europe SE is the impersonated firm, not the operator.

What the warning means

Call-money and fixed-deposit offers are a common bait in this kind of fraud because they sound safe and simple: the site promises interest rates above those of normal banks, often with a well-known bank's name to reassure savers. Customers who open an 'account' are asked to transfer money to a bank account controlled by the operators, and the promised interest and repayment never come. BaFin calls this case identity theft: UBS Europe SE, a genuine authorised bank, is being impersonated and has nothing to do with denmarkubs.com or its offers. BaFin's information is based on section 37(4) of the German Banking Act (Kreditwesengesetz).

In Germany, anyone offering banking business or financial services commercially needs authorisation, and BaFin publishes warnings when it finds offers without it. A BaFin warning is a statement of the regulator's findings that the offer is being made without the required licence; it is not a court judgment. Fraudulent trading and investment websites often reach people through online ads, social media and unsolicited calls, show professional-looking dashboards with rising balances, and pressure customers to add more money. Withdrawals are then delayed or blocked, often with demands for fees, taxes or 'release' payments, and the operators may disappear or move to a new domain.

BaFin and German police advise consumers to be extremely careful when investing money online and to research thoroughly to recognise fraud attempts early. Before investing, check BaFin's company database to see whether a provider is authorised, and be wary of claimed links to real companies, which fraudsters copy to gain trust. Anyone who has transferred money should contact their bank immediately and file a report with the police.

Source

BaFin, "Denmarksubs(.)com: Bafin warnt vor angeblichen Tagesgeld- sowie Festgeldangeboten und weist auf Identitätsdiebstahl hin" (published 22 October 2026).