Infinus group collapsed in 2014; LG Dresden convicted its managers of organised fraud
INFINUS AG / Future Business KGaA (Infinus group) · Investment group selling subordinated loans and bonds
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Ownership / related-party links
The web of linked issuers and the sales company would map to one group.
Can mislead when: Nominee directors and offshore layers hide links. Name matching throws up false positives, so every flag shows its evidence path.
End-use tracing of funds
Tracing investor money would show it paying earlier investors instead of buying assets.
Can mislead when: Kubr sees only the company's own accounts. Once money reaches a third party's bank, Kubr can flag the payee but cannot see the next hop without that party's consent.
Regulatory & litigation records
BaFin and register records show the issuers had no supervisory status and had insolvency notices.
Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.
Third-party confirmation
Insurers and asset custodians would not confirm the claimed life insurance holdings.
Can mislead when: Counterparties can collude or ignore requests. A non-response is logged as a gap, never as a pass.
Where Kubr services would have helped
Borrower monitor
Offered in India- C3 The web of linked issuers and the sales company would map to one group.
- C6 Tracing investor money would show it paying earlier investors instead of buying assets.
- C8 BaFin and register records show the issuers had no supervisory status and had insolvency notices.
Verified Snapshot
Offered in India- C3 The web of linked issuers and the sales company would map to one group.
- C8 BaFin and register records show the issuers had no supervisory status and had insolvency notices.
Legal diligence support
Offered in India- C3 The web of linked issuers and the sales company would map to one group.
- C8 BaFin and register records show the issuers had no supervisory status and had insolvency notices.
Promoter profiles
Offered in India- C3 The web of linked issuers and the sales company would map to one group.
- C8 BaFin and register records show the issuers had no supervisory status and had insolvency notices.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.