Legal
Unlicensed Zurich IAM accused of fraud
Self-titled independent asset manager Zwide, which is headquartered in Wetzikon, canton Zurich, has been accused of fraud by German wealth manager Frankfurter Vermögen. Frankfurter Vermögen said that Zwide copied its website. Zwide has not been licensed by either Finma in Switzerland or the German regulator Bafin, has claimed to have…
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