Waltika Partners Ltd (https://imperial-finance.io) - CobraCFD Ltd (www.c0bracfd.com e www.cobracfd.biz/it) - Alfa Financial, Zurich Corporation e lsystems LTD (https://web.zurichcorporation.com) - Energy Capital Group Eood (www.omegafx.io) - Crypto Consultancy Ltd (www.cfmcapital.com)
Consob has ordered the black-out of 6 websites that offer financial services illegally.
The commission availed itself of the powers resulting from the ‘Decreto Crescita’ (‘Growth Decree’; Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies), on the basis of which Consob can order internet access providers to block access from Italy to websites offering financial services without the proper authorisation.
The companies and websites are listed below:
Waltika Partners Ltd (https://imperial-finance.io);
CobraCFD Ltd (www.c0bracfd.com and www.cobracfd.biz/it);
Alfa Financial, Zurich Corporation and lsystems LTD (https://web.zurichcorporation.com);
Energy Capital Group Eood (www.omegafx.io);
Crypto Consultancy Ltd (www.cfmcapital.com).
The number of sites blacked out since July last, when Consob got the power to order blackouts, thus rises to 83. The measures with which the aforementioned companies were ordered to terminate the abusive activity can be viewed on the website www.consob.it.
The black-out of these websites by internet access providers operating on the Italian market is ongoing. For technical reasons, it can take several days for the black-out to come into effect.
Consob draws the attention of savers to the importance of paying the utmost attention in order to make informed investment choices, focusing on those common sense behaviours - such as checking that the operator with whom you are investing is authorised - that are essential if you really want to safeguard and, hopefully, see a return. To this end, Consob would remind you that there is a
section on the homepage of its website www.consob.it entitled "Be aware of fraud!", with useful information to warn investors against abusive operators.
The Commission has also suspended for 90 days:
- the offering to the public resident in Italy involving investments of a financial nature carried out by Expedite Spzoo in the absence of the required authorisation, including through the website www.omega.bestpursuant to article 99, paragraph 1, letter d) of the Consolidated Law on Finance (Resolution no. 21148 of 13 November 2019).
- pursuant to Article 101, paragraph 4, letter b) of the Consolidated Law on Finance, advertising activities carried out in the absence of the required authorisation through the following websites www.manuelcooper.come https://manuel.omegaita.itas well as the Facebook https://www.facebook.com/groups/241778882951122page related to Mr Emanuele Fiore on the public offering promoted by
Expedite Spzoo for financial investments (Resolution no. 21147 of 13 November 2019).
(Published in "Consob Informa" no. 40/2019 - 18 November 2019)