CO-INVEST

CO-INVEST operated the website co-invest.io, presenting itself as an investment services firm. The company solicited funds from the public in various European countries, presumably offering investment plans with promised returns. However, it operated without the necessary authorization or license from financial authorities. Investigations by several regulators identified it as an unauthorized entity, and the UK's FCA further classified it as a "clone firm," meaning it fraudulently used details of a legitimate, unrelated company to appear credible. The platform is no longer operational.