Corinth Group Germany: The Bad Homburg Connection

German investors are among the documented targets of Corinth Group advance-fee schemes. This page examines the German connections and provides reporting guidance.

The Bad Homburg Link

W+ST Corporate Finance GmbH, based in Bad Homburg, has been identified as connected to the broader Corinth network. Dr. Gerhard Waldheim of Petersen Waldheim & Cie (also Bad Homburg) served as a co-director of the Corinth Capital RAIF in Cyprus alongside Matthias Baechler and Conrad Weinmann. This Bad Homburg cluster represents a German entry point into the Corinth network [Cyprus company filings, German commercial register].

German-Language Complaints

Complaints have been filed in German on the Verbraucherschutzforum Berlin and Diebewertung.de. These describe the standard Corinth pattern: advance fees under term sheets, promises of institutional financing, delays with scripted excuses, no funding, no refund [Verbraucherschutzforum Berlin, Diebewertung.de].

Reporting in Germany

• BaFin: Bundesanstalt fuer Finanzdienstleistungsaufsicht — report unlicensed financial services
• Staatsanwaltschaft: Local prosecutor — Strafanzeige for fraud (§263 StGB)
• Verbraucherzentrale: Consumer protection centre
• Cross-border: German prosecutors coordinate with Swiss counterparts through established MLAT channels

Key Facts

• W+ST Corporate Finance (Bad Homburg) — network connection
• Dr. Gerhard Waldheim — RAIF co-director, Bad Homburg
• German-language complaints on Verbraucherschutzforum Berlin, Diebewertung.de
• Report to BaFin, local Staatsanwaltschaft (§263 StGB)
• Cross-border coordination with Swiss prosecutors established

Complaint Reports

People Involved

Related Entities

Related Investigations