Olsson Capital
olssoncapital.com
🚫 Confirmed ScamActive Warning
Risk Summary
Olsson Capital was warned by the FCA in March 2018 and received a BaFin cease-and-desist for operating as an unauthorised proprietary trading firm. Operating via Carter Enterprises OU with a Bulgarian operation despite Estonian registration, the firm used aggressive cold-calling tactics and also ran the separately BaFin-warned Weiss Finance. The site is now offline.
Regulatory status: No FCA or BaFin authorisation. Cease-and-desist issued by BaFin. Website now offline.
Last verified: 15 January 2025 by BrokerDir Editorial Team
Official Regulatory Warnings
FCA (Financial Conduct Authority)2018-03-28
The FCA issued a public warning that Olsson Capital is not authorised to provide financial services in the UK, and that consumers who deal with the firm risk losing their money.
BaFin (German Federal Financial Supervisory Authority)2018-08-21
BaFin published a formal public warning on 21 August 2018 against Carter Enterprises OU (operating as Olsson Capital) for conducting unauthorised proprietary trading activities in Germany without the required licence, including unlicensed CFD and cryptocurrency trading.
Also Known As
Weiss Finance
Red Flags
- FCA warning issued March 28, 2018 for unauthorised activity
- BaFin cease-and-desist for unauthorised proprietary trading
- Operated Weiss Finance simultaneously - also warned by BaFin
- Aggressive cold-call sales tactics targeting retail investors
- Registered in Estonia but operated out of Bulgaria - obscured jurisdiction
- Offered unauthorised CFD and cryptocurrency trading
- Multiple victim reports of total fund loss
What to Do If You've Been Affected
If you have had any dealings with Olsson Capital or Weiss Finance, report your experience to the FCA via fca.org.uk/consumers/report-a-scam and to Action Fraud. Contact your bank to dispute any payments made by card or bank transfer. Keep all records of communication and transaction history. Be aware that the operators may have continued activity under other names - always verify any new firm on the FCA Register before depositing funds.
Safer Alternatives
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Frequently Asked Questions
The Olsson Capital website is offline, but the firm's operators may have moved to other domains or entities. The associated entity Weiss Finance was also warned by BaFin. If you are approached by a firm using a similar name, verify its regulatory status before engaging.
Report the matter to the FCA and to Action Fraud (actionfraud.police.uk). If you made payments by card, contact your bank about a chargeback. Seek independent legal advice if significant sums are involved. Do not engage with unsolicited recovery agents.