Warning about SimCorp scams: Current developments and legal support
Munich, Berlin, February 17, 2025
Recently, there have been increasing reports of fraudsters posing as representatives of the reputable company SimCorp. These criminals primarily use WhatsApp groups and other communication channels to lure unsuspecting investors with false investment promises.
Official warning from SimCorp
The situation has now reached such a level of relevance that SimCorp itself is issuing a strong warning about these fraudulent activities on its official website ([Link to official warning](https://www.simcorp.com/about-us/news/2024/Fraud-Warning—Beware-of-Scams-Impersonating-SimCorp)). The company clarifies that it has no connection whatsoever with these individuals or their alleged investment offers.
How you can protect yourself
To avoid becoming a victim of this scam, the following precautions are recommended:
- Always verify the authenticity of messages allegedly from SimCorp through the company’s official communication channels.
- Never share personal or financial information with unverified contacts.
- Be especially skeptical of unsolicited investment offers.
Legal support for victims
If you have already fallen victim to this or similar scams, the law firm of Lawyer Cocron GmbH & Co. KG is here to help. As experienced experts in investor law, we represent aggrieved investors and support them in enforcing their legal claims.
Recommendations for action for those affected
1. Document the communication and transactions / especially the WhatsApp chat.
2. File a police report.
3. Contact legal Counsel immediately.
4. Also report the incident directly to SimCorp.
The increasing professionalization of such scams makes it difficult even for experienced investors to recognize them immediately. This makes it all the more important to exercise extreme caution with investment offers and, if in doubt, to seek expert advice.
Our expert team at the Cocron law firm is happy to provide an initial assessment of your case. Together, we will develop a strategy to best enforce your claims. You can reach us via our website or by phone.
Stay vigilant and don’t be misled by tempting investment offers. When in doubt, it’s better to check too much than too little.
