In September 2015 German prosecutors searched offices and residences linked to Maple Bank in a probe of tax evasion and money-laundering connected to ividend-stripping trades. On February 12, 2016 BaFin announced that Maple Bank was no longer in a position to pay back all its customers' deposits, and that the deposit guarantee would start paying the compensations.
Maple Bank GmbH participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Maple Bank GmbH was headquartered in Frankfurt Am Main.