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Novapoint.ai
On December 12, 2024, the Federal Financial Supervisory Authority (BaFin) issued a warning against Novapoint.ai for operating without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_12_12_novapoint_en.html
On December 12, 2024, the Federal Financial Supervisory Authority (BaFin) issued a warning against Novapoint.ai for operating without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_12_12_novapoint_en.htmlNovapoint.ai claims to be registered with the US Securities and Exchange Commission (SEC) and provides a registration number. NOVAPOINT CAPITAL LLC is registered under the same registration number as an investment advisor firm with the SEC. Actually, our inquiries suggest that NOVAPOINT CAPITAL LLC doesn't bear responsibility for the website novapoint.ai. This is case of identity theft. The operators behind the website are unknown, as the addresses provided on the site may not their true addresses. The Federal Financial Supervisory Authority (BaFin) has issued a warning against Novapoint.ai for the lack of the required authorization.
In essence, Novapoint.ai is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Novapoint.ai appears to be a scam.
Novapoint.ai claims to be registered with the US Securities and Exchange Commission (SEC) and provides a registration number. NOVAPOINT CAPITAL LLC is registered under the same registration number as an investment advisor firm with the SEC. Actually, our inquiries suggest that NOVAPOINT CAPITAL LLC doesn't bear responsibility for the website novapoint.ai. This is case of identity theft. The operators behind the website are unknown, as the addresses provided on the site may not their true addresses. The Federal Financial Supervisory Authority (BaFin) has issued a warning against Novapoint.ai for the lack of the required authorization. In essence, Novapoint.ai is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Novapoint.ai appears to be a scam.
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