On Feb 13, 2024, the Federal Financial Supervisory Authority (BaFin) suspects Immediate Connect of offering consumers financial and investment services without the required authorisation. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_01_15_immediateconnect_en.html

Immediate Connect, a financial services provider, operates without the necessary authorization. Its website conspicuously lacks crucial information about its regulatory status. Although the Financial Conduct Authority (FCA) is mentioned in its disclaimer, presumably to convey an aura of authenticity and regulatory compliance, there is no evidence to suggest that it is licensed by the FCA.

The Contact page of the website only lists an email address for communication, a common red flag for fraudulent activities. Fraudsters often hide their actual location and contact details, maintaining control over communication. This strategy makes it easier for them to sever ties with customers and evade financial regulators.

Further raising suspicions, the Federal Financial Supervisory Authority (BaFin) has expressed concerns about the unidentified operators of the immediateconnect.ai website. They are suspected of offering financial and investment services to consumers without the required authorization.

In summary, Immediate Connect is not regulated by any governing body, making it a high-risk entity for investors. Without legal protections in place, funds entrusted to it are not safeguarded. Therefore, Immediate Connect appears to be a potential scam.