TGI AG has received a securities fraud warning from Liechtenstein’s Financial Market Authority (FMA).

As per FMA’s April 22nd TGI AG fraud warning;

The Liechtenstein Financial Market Authority (FMA) informs that TGI AG … is not licensed or registered by the FMA and therefore is not listed in the official register of the FMA.

In particular, it is not permitted to provide services requiring authorization or registration, such as accepting deposits and other repayable funds (deposit business), in Liechtenstein.

The FMA strongly advises against making any investments in connection with the offer from TGI AG, in particular against responding to offers or transferring funds.

Offering unregistered securities to consumers violates Liechtenstein’s financial laws (securities fraud).

TGI AG is an MLM gold ruse Ponzi scheme fronted by founder Helmut Kaltenegger:

Kaltenegger is an Austrian national and runs TGI AG from Austria.

In addition to Liechtenstein, Austria also issued a TGI AG securities fraud warning on April 22nd. Germany also banned TGI AG for investment fraud on April 20th.

As of March 2026, SimilarWeb was tracking ~79,600 monthly TGI AG website visits (“tgi.li”).

Top sources of TGI AG website traffic over the same period were Germany (88%), Austria (8%) and Switzerland (5%).