Groller Alfred seems to be or has been a company that specializes in business and investments on the capital market. At least that is the official information available to our law firm. The company’s website, available at the URL http://www.grolleralfred.com/ was no longer accessible on March 13, 2020.

Groller Alfred is the subject of a warning notice issued by the Financial Market Authority of Austria. Several possibly concerned investors have currently contacted the lawyers of Herfurtner Rechtsanwälte to obtain advice on their options.

Lawyers warn that trades with Groller Alfred may involve high losses. Investors should consider additional deposits or at least have a close examination carried out.

Would you like to talk to a legal advisor and find out what legal measures you can take in connection with Groller Alfred? Then contact the law firm Herfurtner Rechtsanwaltsgesellschaft mbH. It looks after investors seeking investor protection and is also active in company law, capital markets law, capital investment law or business law.

The lawyers are contact persons for investors based in all European countries. Would you like to make an appointment with us and exchange views on Groller Alfred? Click here to contact us.

Groller Alfred – Information

Our lawyers have the following information on the service provider Groller Alfred:

Name of the company: Groller Alfred
Alleged addresses: Mellennium Tower, Handelskai 94-96, 1200 Vienna, Austria and Canary Wharf, One Canada Square, London E14 5AA, United Kingdom
Phone numbers: 0043 720 115 439 and 0044 (0) 207 183 0713

The Financial Market Authority of Austria already published a warning on 5.1.19 on the subject of Groller Alfred. This warning states that Groller Alfred is not permitted to trade in securities for its own account or for the account of third parties. Groller Alfred is not authorised to carry out banking transactions in Austria that require authorisation.

Statements regarding the authorisation and supervision of Groller Alfred by another state European supervisory authority cannot be found online. It cannot therefore be assumed beyond doubt that the provider Groller Alfred has the licences required for its business activities.

Private Investors should consider these general potential Pitfalls

In the current phase of low interest rates, investors often do not know how they can invest their money as profitably as possible and on the other hand safely. Non-regulated platforms benefit most from this. These platforms presumably pretend to offer trustworthy and worthwhile financial investments, but without actually intending to make a substantiated business deal.

As a result, the number of cases of risky investments is constantly increasing.

The homepages of providers offer additional information on the company’s offers. Visitors and investors could get the false impression that a qualified and competent appearance is a serious trader.

Before investing with a company like Groller Alfred, it should always be clarified whether the trader is subject to official supervision, e.g. the Federal Financial Supervisory Authority (BaFin). For example, if you were to conduct an official inspection, you would find that the merchant may not have any authority.

Particular caution is also essential if employees promise to make untypically large profits.

The opportunities are presented as enormous and the risks are described as little or not at all. You should also be very attentive when dealing with foreign companies. If you are not sure about the approach of a trader, it is best to contact a specialised lawyer quickly.

As a general rule, the higher the promise of returns, the greater the risk of loss.

What Investors should consider

If you follow the advice of our lawyers, you will noticeably limit your personal risk. Clients should be aware of a relevant basic rule – high profit promises are usually also associated with high potential losses.

Caution is also advisable if the provider is based in an “exotic” country. A telephone call often starts the contact. You should be particularly careful in the following cases:

  • Above average returns are promised or even guaranteed.
  • The companies are located abroad and do not have a licence.
  • There is no branch office in the EU.
  • No personal advice is offered on site.

An omen for dubious transactions can be if your advisor receives a high commission for concluding a transaction. Here you should note that the agent has a vested interest in you investing your assets in certain products. Advice from an agent is therefore not necessarily objective.

Some investment advisors will therefore attempt to convince you of an investment that is not tailored to your personal needs. There is a danger here that you will be deprived of risks and the prospects of success of the transaction will be presented too positively.

Recommendations for action for affected Investors who have Problems with Groller Alfred

The law firm Herfurtner Rechtsanwaltsgesellschaft mbH represents investors in legal fields such as banking and capital markets law, business law and investment law. The first step of a legal consultation is always a personal conversation with a legal advisor.

During this meeting, the essential questions can be clarified and subsequently possible legal measures in connection with Groller Alfred can be discussed.

Our law firm serves aggrieved private investors from all European countries. Would you like to tell us about your experiences with Groller Alfred? In this case please use the comment function. If you would like to make an appointment to talk to us about Groller Alfred, you can access our contact area here.