Latest warnings

  • 06 lug 2020
    Consob warning on

    DevTech Holding (swissglobalpro.com) - Profx700 Limited (www.profx700.com) - "Euronovafxasset" (euronovafxasset.com) - Meg Trans Ltd e Roi Stock Limited (www.raxtrade.com) - "Trade Idea" e Netbit Services and Solutions Limited (www.tradeidea.co, https://elitetrading.co, secure.elitetrading.co, trading.elitetrading.co) 

     

    Consob has ordered the black-out of 8 new websites that offer financial services illegally.

    The commission availed itself of the new powers resulting from the 'Decreto Crescita' ('Growth Decree'; Law no. 58 of June 28, 2019, article 36, paragraph 2-terdecies), on the basis of which Consob can order internet service providers to block access from Italy to websites offering financial services without the proper authorization.

    Below are the sites Consob has ordered to be blacked out:

    • DevTech Holding (website swissglobalpro.com);
    • Profx700 Limited (website www.profx700.com);
    • "Euronovafxasset" (websiteeuronovafxasset.com);
    • Meg Trans Ltd and Roi Stock Limited (website www.raxtrade.com);
    • "Trade Idea" and Netbit Services and Solutions Limited (websiteswww.tradeidea.co, https://elitetrading.co, secure.elitetrading.co and trading.elitetrading.co).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 247.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that on the website www.consob.it there is a section on the homepage "Be aware of fraud!", providing useful information to warn investors against financially abusive initiatives.

    (Published in "Consob Informa" no. 26/2020 - 6 July 2020)

  • 06 lug 2020
    Warning on

    The Lenders - Compare Wise - Earnsured Asset Management - Mister Trader/ Mistertrader / Redfin Capital - Hunterlyinvest - Sky Line/ Skylinevest.com - Best Investment Bonds - British Market - First Capital Finance Ltd - Maxagon Kapital AB - SGZ Bank Ireland - Latitudefx / Latitude Investments FX Bank - Independent Wealth Brokers - Man Pro Fund / ManGroup - BoerseFX - Atlas Funding Group Ltd - Hyde Park Investment Ltd - Online Union - FOPU - RSM Finance - Crypto Trade Center Ltd - Finexis Bank - Libra Markets - Hedge Capital - Investo Brokers - IAL Ltd - Aron Asset Management - Qualion Finance - Resolute Cryptotrading - Global Finance Flux - Crowd1 - Trucrypto S.A. - Trust Inesting - Market Makers Insider / MMI Forex - www.aintreefinance.com - WDC Markets - Ant PoolMining International - Elenco delle imprese di investimento prive delle previste autorizzazioni (CySec) - The French supervisory authority, AMF, warns investors that in the last three months it has received a large number of reports from investors reporting the often aggressive practices of multi-level marketing companies (MLMs) offering forex trading or crypto-activity training through a pyramid recruitment and remuneration system - The French supervisory authorities, the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) have updated the list of websites offering investments in derivatives and crypto-activity without authorisation.

    The supervisory authorities of United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commision de Surveillance du Secteur Financier - CSSF), Portugal (Portoguese Securities Commission - CMVM), Switzerland, (Swiss Financial Market Supervisory Authority – FINMA), Mauritius (Financial Services Commission - FSC), Panama (Superintendencia del Mercado de Valores - SMV), Australia (Australian Securities and Investments Commission- ASIC), New Zealand (Financial Markets Authority – New Zealand - FMA), Ireland (Central Bank of Ireland – CBI), Cyprus (Cyprus Securities and Exchange Commission - CYSEC) and France (Autorité des Marchés Financiers - AMF), report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • The Lenders (http://thelenders.co.uk);
    • Compare Wise (https://www.comparewise.co.uk);
    • Earnsured Asset Management (www.earnsured.com) with stated address in London.
      The subject also appears to use the following social media: https://www.facebook.com/earnsured; https://twitter.com/earnsured; https://www.youtube.com/channel/UCBxIO-hjMyhX4TVdpwTzLQw/featured; https://www.instagram.com/earnsured;
    • Mister Trader/ Mistertrader / Redfin Capital (https://www.redfincapital.co.uk/; https://mistertrader.com) with stated address in London;
    • Hunterlyinvest (www.hunterlyinvest.com);
    • Sky Line/ Skylinevest.com (www.skylinevest.com);
    • Best Investment Bonds (www.bestinvestmentbonds.com) with stated address in London;
    • British Market (https://british-market.co.uk);
    • First Capital Finance Ltd (www.firstcapitalfnc.com) clone of the authorised company First Capital Finance Limited (www.firstcapitalfinance.co.uk) based in Dorset;
    • Maxagon Kapital AB (www.maxagon.co.uk) with stated address in London, clone of the homonymous authorised company Maxagon Kapital Ab based in Sweden;
    • SGZ Bank Ireland (www.sgz-bank.com) with stated address in London, clone of the authorised company SGZ-Bank Ireland plc based in Dublin;
    • Latitudefx / Latitude Investments FX Bank (www.latitudefx.com) clone of the authorised company Latitude Investment Management LLP (www.latitudeim.com) based in London;
    • Independent Wealth Brokers (www.independent-wb.com) with stated address in London, clone of the authorised company IWB B.V. based in Amsterdam;
    • Man Pro Fund / ManGroup (Numeri.fund, Numeric.fund, Invest-fund.pro, Man-pro.fund, Man-fund.com) clone of the authorised company Man Group Investments Ltd (www.man.com) based in London;
    • BoerseFX (https://boersefx.de/) based in Frankfurt) clone of the authorised company Leucadia Investment Management Limited (www.jefferies.com) based in London;
    • Atlas Funding Group Ltd (www. atlasfundingroup.com) with stated addresses in Amsterdam, Warsaw and Dubai, clone of the authorised company Code Investing Limited based in London
    • Hyde Park Investment Ltd (https://www.hydepark.fr) with stated address in Paris, clone of the authorised company Hyde Park Investments Ltd (http://www.hydeparkinvestment.com) based in London;
    • Online Union (https://online-union.com) clone of the authorised company Union Investment Management Limited (www.uim.co.uk) based in London;
    • FOPU (www.foopu.net) with stated address in London, clone of the authorised company Future Perfect Financial Solutions Limited based in the United Kingdom.

    Reported by the CSSF:

    • RSM Finance (www.rsmfinance.org) with stated address in Luxembourg;
    • Crypto Trade Center Ltd (www.cryptotradecentr.com), with stated address in Luxembourg;
    • Finexis Bank (www.finexis-bank.com) with stated address in Luxembourg.

    Reported by the CMVM:

    • Libra Markets (https://libramarkets.com). Previously reported by MFSA (see "Consob Informa" no. 25/2020), by FCA (see "Consob Informa" no. 19/2020) and by FMA (see "Consob Informa" no. 22/2019).

    Reported by FINMA:

    • Hedge Capital (www.hedgecapitals.com) with stated address in Illnau-Effretikon (Switzerland);
    • Investo Brokers (www.investobrokers.com) with stated address in Zug (Switzerland);
    • IAL Ltd (https://ial.ltd) with stated address in Zurich;
    • Aron Asset Management (www.aam-24.com) with stated address in Wallisellen (Switzerland);
    • Qualion Finance (www.qfprivate.com) with stated address in Zurich. Previously reported by the CSSF (see "Consob Informa" no. 8/2020 of 2 March 2020) and by the FCA (see "Consob Informa" no. 17/2020 of 4 May 2020);
    • Resolute Cryptotrading (www.resolutecryptorecovery.com) with stated address in Switzerland;
    • Global Finance Flux (https://www.globalfinanceflux.com) with stated address in Switzerland.

    Reported by the FSC:

    • Crowd1 (https://crowd1.com/).

    Reported by the SMV:

    • Trucrypto S.A.;
    • Trust Inesting.

    Reported by the ASIC:

    • Market Makers Insider / MMI Forex. The Australian supervisory authority warns investors that the above mentioned entity misleads investors about its reliability by, among other things, illegally using the image and name of President ASIC James Shipton.

    Reported by the FMA:

    • www.aintreefinance.com. The New Zealand supervisory authority warns investors that the site has no relationship with the company authorised by the FMA, Aintree Finance Limited;
    • WDC Markets (https://wdcmarkets.com). Previously reported by the Spanish supervisory authority CNMV (see "Consob Informa" no. 14/2020).

    Reported by the CBI:

    • Ant PoolMining International (www.antpoolmininginternational.com).

    Reported by the CYSEC:

    The Cyprus Supervisory Authority, CYSEC, informs investors that it has updated the list of investment firms without the required authorisations. The list is available through the link:

    • https://www.cysec.gov.cy/en-GB/complaints/non-approved-domains/

    Report by the AMF:

    The French supervisory authority, AMF, warns investors that in the last three months it has received a large number of reports from investors reporting the often aggressive practices of multi-level marketing companies (MLMs) offering forex trading or crypto-activity training through a pyramid recruitment and remuneration system.

    The period of blockade implemented due to the spread of Covid-19 has favoured the development of the network of these platforms that leverage the feeling of urgency and the idea of a unique opportunity not to be missed. The AMF has received reports of proposed schemes that consist of selling training packages for trading in the forex market or in crypto-activities as bitcoins. Packages worth several hundred euros, sometimes including a monthly subscription, and include the recruitment of others.

    The proposals are conveyed by messaging and social media apps, often through interesting videos, promising "good deals", "easy money", "passive income" and have been used to attract the attention of many internet users stuck at home, especially students. The slogans include "wealth is now! Create your global business" or "become a professional FX trader", "block profitably" or "copy, paste, cash in".

    The French supervisory authorities, the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) have updated the list of websites offering investments in derivatives and crypto-activity without authorisation.

    • www.bitworldfx.com;
    • www.brightfinance.co;
    • www.daxbase.com/fr;
    • www.daxioma.com/fr;
    • www.fortiscapitalmanagers.com;
    • https://fr.uptos.com;
    • www.investisafe.com;
    • www.lvmexchange.com/fr;
    • www.wavetomarkets.co;
    • www.bitcoin-storm.com/fr;
    • www.cryptolegacypro.com/fr.

    (Published in "Consob Informa" no. 26/2020 of  6 July 2020)

  • 29 giu 2020
    Consob warning on

    “AirBit Club”

    Consob has also suspended the offer to the public resident in Italy of investments of a financial nature made by "AirBit Club" and through the websites https://airbitclub.com and www.bitbackoffice.com pursuant to Article 99, paragraph 1 d), of the Consolidated Law on Finance (Resolution no. 21416 of 22 June 2020).

    (Published in "Consob Informa" no. 25/2020 - 29 June 2020)

  • 29 giu 2020
    Warning on

    Select Invest - The Investmentheads - CompareFixedRateBonds - Compare-bonds.net / Bond Comparison - Smart Bonds - British Bonds - Circle Bonds - Aldgate-Advisors - HW Securities - Investpedia - Fixed Rate News - My Smart Bonds - Frontier Markets Advisory - Legal & General / Legal & General Dynamic Bond / Legal & General UK Bond - Hugo Vandevelde - Librac market / Libra Coin Market - CryptoPlus Exchange - Vantage Trades - Monecor (London) Ltd - CCP Investment - Torro Finanz - Alltus Capital UK LLP ​​​ - Credit Suisse Asset Management / Credit Suisse Group AG - UK Forex - First Claims Group - The Bonds Company - Bolt Finance - Frisky Loans - Mentor Corp - AnyTrades - Find UK Bonds - Cash2All - PJG Financial Limited - Actio-Conseil - Mazdar International - ABConseils-patrimoine.com - Takahashi and Partners - Tan Allen Piguet Asset Management - Northway Brokers - ApexTrade Options Ltd - Matrixfx Trade / MFXT Ltd - Gate Brokers Limited - Prime24Options (P24O LTD) - Libra Markets - BT Save - Atlas FMI - FMG Investment Holdings Ltd trading - ProuFX - UMarkets - Andrew Yaku - XDCF - ILA International - www.veritasfinance.net - www.citiglobalhk.net - www.txj-king.com, 香港九龍旺角發展大廈 - www.skywinprofit.com - Ming Dao International Trade Limited - Investment Capital and Financial Regulatory Services - AGK Investments - www.skywinprofit.com - Jitak Capital Limited - Crypto Window Ltd - BNP Paribas Bank - eMarketsTrade - Bormancorp - Stock21stoptions Ltd - 555markets / Glaxtrox Trade Ltd - Brokermasters - Crypto Engine - Expanssion - Fxfixed - Fxoptimax Ltd - Tradeprofitweb / Mountain High Ltd - Ankor Group Investment Ltd

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Belgium (Financial Services and Markets Authority - FSMA), Malta (Malta Financial Services Authority – MFSA), Hong Kong (Securities and Futures Commission – SFC), Jersey (Jersey Financial Services Commission- JFSC), Portugal (Portuguese Securities Commission - CMVM), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Spain (Comisión Nacional del Mercado de Valores - CNMV), France (Autorité des Marchés Financiers – AMF), report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Select Invest (www.select-invest.co.uk);
    • The Investmentheads (https://investmentheads.co.uk/) with stated address in London;
    • CompareFixedRateBonds (https://www.comparefixedratebonds.co.uk/) with stated address in London;
    • Compare-bonds.net/Bond Comparison (https://compare-bonds.net) with stated address in London;
    • Smart Bonds (www.my-smartbonds.co.uk);
    • British Bonds (www.british-bonds.org.uk) with stated address in London;
    • Circle Bonds (https://circlebonds.co.uk);
    • Aldgate-Advisors (https://aldgate-advisors.com) with stated address in London, clone of the authorised company Aldgate Advisors Limited. Already reported by the AMF (see "Consob Informa" no. 22/2020 of 8 June 2020);
    • HW Securities (www.hwsecurities.io) with stated addresses in Hong Kong, Dublin and Frankfurt;
    • Investpedia ( www.investpedia.co.uk) with stated address in London;
    • Fixed Rate News (www.fixedratenews.co.uk) with stated address in London;
    • My Smart Bonds (www.My-smartbonds.co.uk) with stated address in London;
    • Frontier Markets Advisory (www.frontiermarketsadvisory.com) with stated addresses in New York and Hong Kong, clone of the authorised company of the same name;
    • Legal & General/Legal & General Dynamic Bond/Legal & General UK Bond (email: enquiry@lg-retail.com, complaints@lg-retail.com, legal@lg-docs.com, legal@lg-clients.com, complaints@lg-docs.com, enquiry@lg-docs.com, enquiry@lg-ne.com) clone of the authorised company Legal & General Assurance Society Limited (www.legalandgeneral.com) based in London;
    • Hugo Vandevelde (www.hugovandevelde.be) clone of the authorised companies Hugo Vandelevede based in Belgium and H V Financial Planning Ltd (www.hvfp.co.uk) based in London;
    • Librac market/Libra Coin Market (https://libracmarket.com) clone of the authorised company Libra Investment Services (2010) Limited (www.libra-is.com) based in London;
    • CryptoPlus Exchange (https://www.cryptoplus.trade) clone of the authorised company Crypto Facilities Ltd (https://www.cryptofacilities.com) based in London;
    • Vantage Trades (https://vantagetrades.com) based in George Town, (Cayman Islands) clone of the authorised company Vantage Global Prime LLP (www.vantageglobalprime.co.uk) based in London;
    • Monecor (London) Ltd with stated address in London (www.etxcapital.com);
    • CCP Investment (www.ccpinvestment.com) with stated address in London, clone of the authorised company CCP Investment AB based in Stockholm;
    • Torro Finanz (www.torrofinanz.com) with stated address in London, clone of the authorised company Torro-Finanz Hannover UG (haftungsbeschrankt) based in Hamburg;
    • Alltus Capital UK LLP ​​​(www.alltuscapital.co.uk) clone of the authorised company Alltus Capital (UK) LLP based in London;
    • Credit Suisse Asset Management/Credit Suisse Group AG (email: info@csuisseam.eu) clone of the authorised companies Credit Suisse Asset Management Limited (https://www.credit-suisse.com/uk/en.html) based in London and Credit Suisse AG (https://www.credit-suisse.com/uk/en.html) based in London;
    • UK Forex (https://www.uk-forex.com) clone of the authorised company FXOpen Ltd (www.fxopen.co.uk) based in London;
    • First Claims Group (https://www.paydayclaimhelp.co.uk) with stated address in London;
    • The Bonds Company (www.thebondscompany.co.uk) with stated address in London;
    • Bolt Finance (www.boltfinance.site);
    • Frisky Loans (https://www.friskyloans.co.uk);
    • Mentor Corp (www.mentorfx.com), with stated address in Kingstown (St Vincent and the Grenadines);
    • AnyTrades (www.anytrades.com / www.anytradesconsulting.com);
    • Find UK Bonds (www.findukbonds.com) with stated address in London;
    • Cash2All (https://www.cash2all.co.uk) with stated address in London, clone of the authorised company Fidelity Works Ltd (www.fidelity-works.co.uk) based in London;
    • PJG Financial Limited (email: paulgillooly187@gmail.com) with stated address in Glasgow (UK).

    Reported by the FSMA:

    • Actio-Conseil (www.energie-dma-access.com, https://actio-conseil.com). Already reported by the CSSF with the same name but different website (www.actio-conseil.com; see "Consob Informa" no. 13/2020 of 6.4.2020);
    • Mazdar International (https://www.mazda-int.com) with stated address in Brussels;
    • ABConseils-patrimoine.com (www.abconseils-patrimoine.com);
    • Takahashi and Partners (https://takahashipartners.com) based in Tokyo;
    • Tan Allen Piguet Asset Management (https://www.tapam.com) with stated addresses in Wuhan, Shanghai, Beijing (China) and Plaines Wilhems (Mauritius).

    Reported by the MFSA:

    • Northway Brokers (https://www.northwaybrokersltd.com/), clone of the authorised company Northway Broker Ltd;
    • ApexTrade Options Ltd (https://apex-tradeoptions.com/index.php). The Maltese Supervisory Authority warns savers that this entity improperly declares on its website that it intends to be "authorised and regulated by MFSA as a MiFID company and holder of a Category 3 investment services licence";
    • Matrixfx Trade / MFXT Ltd (https://www.matrixfxtrade.com/). The Maltese supervisory authority warns savers that this entity improperly declares on its site that it intends, inter alia, to be "authorised by the MFSA for more than 7 years";
    • Gate Brokers Limited (Https://Gatebrokersltd.Com);
    • Prime24Options (P24O LTD) (Https://Prime24options.Com/Index.Php);
    • Libra Markets (https://libramarkets.com), Previously reported by the FCA (see "Consob Informa" no. 19/2020 of 18.5.2020) and by the FMA (see "Consob Informa" no. 22/2019 of 17.6.2019);
    • BT Save (www.btsave.io) with stated address in Roseau (Commonwealth of Dominica). Previously reported by the FCA (see "Consob Informa" no. 9/2020 of 9.3.2020);
    • Atlas FMI (www.atlasfmi.com) clone of the authorised company Atlas Financial Ltd (www.atlas-financial.co.uk) based in Sheffield (UK). Previously reported by the FCA (see "Consob Informa" no. 19/2020 of 18.5.2020);
    • FMG Investment Holdings Ltd trading (https://clearspringcapital.com/) clone of the company authorised by the MFSA, FMG (Malta) LTD;
    • ProuFX (www.proufx.com), previously reported by the CNMV (see "Consob Informa" no. 1/2020 of 13.1.2020);
    • UMarkets (https://www.umarkets.com/).

    The Malta Supervisory Authority (Malta Financial Services Authority) warns savers that an individual named Andrew Yaku, who claims to work in the financial services sector outside Malta, is contacting potential clients via email claiming to represent a high profile client "who has funds he wants to invest outside his home country.

    The Malta supervisory authority has also issued a notice concerning an update on companies that have not obtained a permit to operate, which can be found by following the link: https://www.mfsa.mt/news-item/warning-to-the-public-regarding-unlicensed-vfa-companies/.

    Reported by the SFC:

    • XDCF;
    • ILA International (www.ilainternational.com) with stated address in Hong Kong;
    • www.veritasfinance.net;
    • www.citiglobalhk.net;
    • www.txj-king.com, 香港九龍旺角發展大廈 (Chinese address only);
    • www.skywinprofit.com;
    • Ming Dao International Trade Limited (www.fxmingdao.com) with stated address in Hong Kong;
    • Investment Capital and Financial Regulatory Services (www.icfrs.or) with stated address in Hong Kong;
    • AGK Investments (www.agkinvestments.com) with stated address in Hong Kong;
    • www.skywinprofit.com, website not to be associated with companies authorised by the SFC Ever-Long Securities Company Limited, Ever-Long Futures Limited and Ever-Long Capital Management Limited;
    • Jitak Capital Limited (www.jitakcl.com) with stated addresses in Hong Kong, New York, London, Dubai.

    Reported by the JSFC:

    • Crypto Window Ltd (www.cryptoswindow.com);
    • BNP Paribas Bank (www.onlinebaripasbk.com, email: info@bnpparibas-es.com).

    Reported by the CMVM:

    • eMarketsTrade (www.emarkestrade.com);
    • Bormancorp (www.bormancorp.com).

    Reported by the CSSF:

    • Stock21stoptions Ltd (website: www.stock21stoptions.com).

    Reported by the CNMV:

    • 555markets / Glaxtrox Trade Ltd (https://555markets.com/es);
    • Brokermasters www.brokermasters.net, www.brokermasters.com;
    • Crypto Engine (https://es.cryptoengine.app);
    • Expanssion (www.expanssion.com);
    • Fxfixed (https://fxfixed.com);
    • Fxoptimax Ltd (www.fxoptimax.com);
    • Tradeprofitweb / Mountain High Ltd www.tradeprofitweb.com;
    • Ankor Group Investment Ltd (https://www.zurichbanc.com). The company has previously been reported by the FCA (see "Consob Informa" no. 40/2019 of 18.11.2019). The company was then the subject of Consob Resolution no. 21364 of 13.5.2020) and, subsequently, of an order to internet service providers to block access to the site from Italy (see "Consob Informa" no. 19/2020 of 18.5.2020).

    Report by the AMF:

    The French supervisory authority (Autorité des Marchés Financiers) warns savers against investment proposals made through telephone or e-mail contacts by individuals who are not authorised to provide investment services that lead them to invest through online platforms in car parks and special car parks at European airports (Portugal, Spain, Italy, Germany, etc.). The investment is presented as highly profitable and risk-free. Actually, it is scams.

    (Published in "Consob Informa" no. 25/2020 of 29 June 2020)

  • 22 giu 2020
    Consob warning on

    Equalizer Ltd (www.capitalgmafx.com, https://secure.capitalgmafx.com, https://trade.capitalgmafx.com, www.marketscfds.com, https://secure.marketscfds.com, https://trading.marketscfds.com, https://ztrade24.com, https://secure.ztrade24.com, https://trade.ztrade24.com) - Sucaba Enterprise Ltd (www.skycapital.cc) - Lead Secure Ltd (www.fxdirects.com) - RL Ltd (www.royaltd24.net) - Platiniumfund Ltd (www.platiniumfund.com) - "Findealadvisers" (www.findealadvisers.com) - Fsm Smart Ltd (it.fsmsmart.net) - "Rmt500" (www.rmt500.net)  

    Consob has ordered the black-out of 16 new 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.

    Below are the sites Consob has ordered to be blacked out:

    • Equalizer Ltd (websites www.capitalgmafx.com, https://secure.capitalgmafx.comhttps://trade.capitalgmafx.com, www.marketscfds.comhttps://secsecure.marketscfds.com, https://trading.marketscfds.com, https://ztrade24.comhttps://secure.ztrade24.com, https://trade.ztrade24.com);
    • Sucaba Enterprise Ltd (website www.skycapital.cc);
    • Lead Secure Ltd (website www.fxdirects.com);
    • RL Ltd (website www.royaltd24.net);
    • Platiniumfund Ltd (website www.platiniumfund.com);
    • "Findealadvisers" (website www.findealadvisers.com);
    • FSM Smart Ltd (website it.fsmsmart.net);
    • "Rmt500" (website www.rmt500.net).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 239.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that there is a section on the homepage of its website entitled "Be aware of fraud!", which provides useful information to warn investors against financially abusive initiatives.

    * * *

    (Published in "Consob Informa" no. 24/2020 - 22 June 2020)

  • 22 giu 2020
    Warning on

    Lak Sira Ltd - National-Debt-Helpline - Kieren Hamilton / Whosthatguru / Keztheguru - Quick L0ans - Best Bonds - Bond Select - Dunn & Burchill - Investing in Bonds - Best Rate Savers - UK Bonds Capital - Hamamatsu Merger Group - Carter Lee Financial Services - Charta Alliance Limited / The Investment Supermarket - AXA Global Broker - Clyde Asset Management - Aberdeen Standard Investments - Prudential Assurance Company / Prudential Distribution - Bwb Ireland Investment Management / B.W.B. Ireland - Bond Genie - Bonds123.co.uk - British Bonds Company - Investment Point - Bruckmann Rosser - Noris Bank/Noris Isa - Swissquotes Ltd - Instant Finance - Standard Chartered Bank / Standard Chartered Bonds - Nateus Group - Assurance Finance Patrimoine - Fixedrates4U - Bond Checker - Liberty Bonds - My Bonds Market - Which Bonds Uk - London Bonds Company - Smartt Fx - Fidex Market - Horizon Crest Credit Union - Jcam Investments Ltd - Delta Capitals - Fixed Rates4u - Platinium Fund - www.fortiscapitalmanagers.com - www.wavetomarkets.com - www.investisafe.com - www.brightfinance.co - Adcada Investments Ag Pcc - Da Markets - Bali Limited Ltd - Stockfx / Baumont Group Ltd - 24newstrade / Baumont Group Ltd - Wise Investments - Gladtotrade, Inc - Bit-Holdings - Privilege Group International - Clarksdale Capital - Vivaexchange Oü / Exw - Aspen Investment Llc - Golden Sky Capital - Huber Group Invest - E-Business Partner Sp. z o.o - www.marketcfd.com - Finantik - General Trade - GiroFx - GoldenCfd - LionsFm - Nava Gates - Parker Prime - Summit Trade - United Markets Capital - Leadernet Ou and Fx Leader - Sinus Corretora De Commodities Ltda - A G De Souza Corretora De Commodities E Comercio - http://nygj.axunz.cn - www.wealthbct.com - www.kqwv.qp511.cn - www.fuqiangsfa.com - G&S Global Capital - World Markets

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), France (Autorité des Marchés Financiers - AMF), Austria (Financial Market Authority - FMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Poland (Polish Financial Supervision Authority - KNF), Belgium (Financial Services and Markets Authority - FSMA), Portugal (Portuguese Securities Commission - CMVM), Brazil (Comissão de Valores Mobiliários CVM), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), New Zealand (Financial Markets Authority – New Zealand - FMA), report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Lak Sira Ltd (Facebook: https://www.facebook.com/l4444k/- Instagram: https://www.instagram.com/lak.x/?hl=en - Twitter: https://twitter.com/l4444k?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor) with stated address in Birmingham (UK);
    • National-Debt-Helpline (www.national-debt-helpline.org.uk);
    • Kieren Hamilton / Whosthatguru / Keztheguru (instagram.com/whosthatguru);
    • Quick L0ans (www.quickl0ans.co.uk) clone of the authorised company Quick Loans Ltd (www.quickloans.co.uk) based in Barnsley (UK);
    • Best Bonds (e-mail: enquiries@best-bonds.net) with stated address in London;
    • Bond Select (www.bond-select.uk);
    • Dunn & Burchill (www.dunnandburchill.net) with stated addresses in Tokyo and London;
    • Investing in Bonds (www. investinginbonds.co.uk);
    • Best Rate Savers (www.bestratesavers.com) with stated address in London;
    • UK Bonds Capital (www.ukbondscapital.co.uk) with stated address in London;
    • Hamamatsu Merger Group (www.hamamatsumerger.com) with stated address in Tokyo;
    • Carter Lee Financial Services (www.carterleefinancial.com) with stated address in Kuala Lumpur (Malaysia);
    • Charta Alliance Limited / The Investment Supermarket (www.theinvestment-supermarket.co.uk) with stated address in Essex (UK);
    • AXA Global Broker (www.axagb.com; www.axagb.co.uk) with stated address in London, clone of the authorised company AXA Global Broker based in Cedex (France);
    • Clyde Asset Management (www.clydeam.com) with stated addresses in London and Londonderry, clone of the authorised company Clyde AM based in Cedex (France);
    • Aberdeen Standard Investments (e-mail: info@aberdeenstandard-enq.com, j.marshall@aberdeenstandard-cmp.com, d.forrest@aberdeenstandard-acc.com) clone of the authorised companies Aberdeen Asset Managers Ltd, Aberdeen Standard Fund Managers Limited, Standard Life Investments Ltd, Standard Life Investments Ltd (www.aberdeenstandard.com);
    • Prudential Assurance Company / Prudential Distribution (e-mail: info@prudentialltd.com, info@prudentialltd.co.uk, info@theprudentialplc.com, info@prudentialadvisers.com, info@prultd.com, info@prultd.co.uk, info@pruadvisers.co.uk, info@pruadvisers.com) with stated address in London, clone of the authorised company Prudential Distribution Limited (www.pru.co.uk) based in London;
    • Bwb Ireland Investment Management / B.W.B. Ireland (www.bwbireland.com) with stated addresses in London and Dublin, clone of the authorised company BW Bank Ireland Plc based in Dublin;
    • Bond Genie (www.bondgenie.net) with stated address in London;
    • Bonds123.co.uk with stated address in London;
    • British Bonds Company (ps://britishbondscompany.co.uk) with stated address in London;
    • Investment Point (www.investment-point.co.uk) with stated address in Croydon (UK);
    • Bruckmann Rosser (www.brs.com) with stated address in New York;
    • Noris Bank/Noris Isa (www.norisisa.com) with stated address in London, clone of the authorised company Norisbank Gmbh (www.norisbank.de) based in Bonn (Germany);
    • Swissquotes Ltd (www.swissquotes.de) with stated address in London, clone of the authorised company Swissquote Ltd (www.swissquote.eu) based in London;
    • Instant Finance (https://instantfinance.wixsite.com/home) with stated address in Manchester clone of the authorised company Digitonomy Limited based in Chester, Cheshire (UK);
    • Standard Chartered Bank / Standard Chartered Bonds (www.scbonds.com; www.sc-privatebanking.com) clone of the authorised company Standard Chartered Bank (www.whichbonds.co.uk) based in London;
    • Nateus Group (www.nateus.co.uk) with stated address in London, clone of the authorised company Nateus NV based in Antwerp (Belgium);
    • Assurance Finance Patrimoine (e-mail: Robert.cooper@financepatrimoine.co.uk) with stated address in London, clone of the authorised company Assurances Finance Patrimoine SARL based in Cede (France);
    • Fixedrates4U (www.fixedrates4u.com) with stated address in London; 
    • Bond Checker (www.bond-checker.co.uk) with stated address in London; 
    • Liberty Bonds (libertybonds.co.uk) with stated address in London;
    • My Bonds Market (https://my-bonds-market.com) with stated address in London;
    • Which Bonds Uk (http://www.whichbonds.co.uk);
    • My Bonds Market (https://my-bonds-market.com) with stated address in London;
    • London Bonds Company (https://london-bonds-company.com);
    • Smartt Fx (ps://smartforex.site) with stated address in London, clone of the authorised company Smartt Broker Ubezpieczeniowy Sp. Z.o.o based in Warsaw;
    • Fidex Market (www.fidexmarket.com/home.php) clone of the authorised company Tradeslide Trading Tech Ltd (www.darwinex.com) based in London;
    • Horizon Crest Credit Union (https://horizoncrestcreditunion.com/index.php/home/index) with stated address in London, clone of the authorised company Brent Shrine Credit Union Limited (www.communitybanknetwork.co.uk);
    • Jcam Investments Ltd (tel.: 02077887361) clone of the authorised company JCAM Investment Ltd (compliance@jcam.com) based in London;
    • Delta Capitals (www.delta-capitals.com; www.zexler.space) clone of the authorised company Delta Financial Management Limited (www.deltafinancial.co.uk) based in Borehamwood, Hertfordshire (UK);
    • Fixed Rates4u (www.fixedrates4u.com) with stated address in London;
    • Platinium Fund (www.platiniumfund.com) with stated address in Majuro (Marshall Islands);

    Reported by the AMF:

    • www.fortiscapitalmanagers.com;
    • www.wavetomarkets.com;
    • www.investisafe.com;
    • www.brightfinance.co.

    Reported by the FMA (Austria):

    • Adcada Investments Ag Pcc (https://adcada.healthcare) with stated address in Rugell (Liechtenstein).

    Reported by the CNMV:

    • Da Markets (www.damarkets.co);
    • Bali Limited Ltd (www.invertplus.com);
    • Stockfx / Baumont Group Ltd (https://stockfx.co);
    • 24newstrade / Baumont Group Ltd (https://24news.tools/);
    • Wise Investments (https://aurumprofin.cc,) clone of the authorised company Wise Investments Ltd. The website, connected to the company Muller Enterprise Ltd, was the subject of Consob Resolution no. 21247 of 28 January 2020. Subsequently, Consob ordered internet service providers to block access to the site from Italy (see "Consob Informa" no. 4/2020 of 3 February 2020);
    • Gladtotrade, Inc (www.glad2trade.io, www.glad2trade.cc).

    Reported by FINMA:

    • Bit-Holdings (www.bit-holdings.com) with stated address in Pfäffikon (Switzerland);
    • Privilege Group International (www.privilegegroupint.ch) with stated address in Basel;
    • Clarksdale Capital (http://clarksdalecapital.com/), with stated address in Geneva;
    • Vivaexchange Oü / Exw (https://www.exw-wallet.com) with stated address in Schweiz (Switzerland);
    • Aspen Investment Llc (www.aspeninvestmentllc.com) with stated address in Zurich;
    • Golden Sky Capital (https://goldenskycapital.com) with stated address in Schweiz (Switzerland);
    • Huber Group Invest (www.huber-group-invest.com) with stated address in Zurich.

    Reported by the KNF:

    • E-Business Partner Sp. z o.o (www. kantor.pl);
    • www.marketcfd.com.

    Reported by the FSMA:

    • Finantik (www.finantik.com);
    • General Trade (www.generaltrade.cc);
    • GiroFx (www.girofx.com);
    • GoldenCfd (www.goldencfd.com);
    • LionsFm (www.lionsfm.com);
    • Nava Gates (www.navagates.com);
    • Parker Prime (www.parker-prime.com);
    • Summit Trade (www.summitrade.co);
    • United Markets Capital (www.unitedmarketscapital.com).

    Reported by the CNVM:

    • Leadernet Ou and Fx Leader (www.fx-leader.com).

    Reported by the CVM:

    • Sinus Corretora De Commodities Ltda - A G De Souza Corretora De Commodities E Comercio (www.sinuscorretora.com.br).

    Reported by the SFC:

    • http://nygj.axunz.cn, clone of the company authorised by the SFC Zhong Yang Securities Limited and of Zhong Yang Capital Limited;
    • www.wealthbct.com, clone of the company authorised by the SFC Fortune (HK) Securities Limited;
    • www.kqwv.qp511.cn, clone of the company authorised by the SFC Fortune (HK) Securities Limited;
    • www.fuqiangsfa.com, clone of the company authorised by the SFC Fortune (HK) Securities Limited.

    Reported by the CSSF:

    • G&S Global Capital (www.gsglobalcapital.com).

    Reported by the FMA (New Zealand):

    • World Markets (https://worldmarkets.com).

    (Published in "Consob Informa" no. 24/2020 of  22 June 2020)

  • 15 giu 2020
    Consob warning on

    "SMART FX" ( www.smartforex.site) - Warp Enterprise Ltd (www.firstfinancialbanc.com) - "Pro Consulting Invest" (www.proconsultinginvest.com) - "Gntfin LTD" (www.gntfin.com) - "Global Finance FX" (www.fxglobalfinance.com) 

    Consob has ordered the black-out of 5 new 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.

    Below are the sites Consob has ordered to be blacked out:

    • "SMART FX" (website www.smartforex.site);
    • Warp Enterprise Ltd (website www.firstfinancialbanc.com);
    • "Pro Consulting Invest" (website www.proconsultinginvest.com);
    • Gntfin LTD" (website www.gntfin.com);
    • "Global Finance FX" (website www.fxglobalfinance.com).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 223.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that there is a section on the homepage of its website entitled "Be aware of fraud!", which provides useful information to warn investors against financially abusive initiatives.

    * * *

    (Published in "Consob Informa" no. 22/2020 - 15 June 2020)

  • 15 giu 2020
    Warning on

    Find Best Bond - Ram Active Investments - Uk National Bonds - Thortons Global - 123bond.co.uk - Isa Search / ISAsearch.net - United Bonds - Bond Office - National British Bonds - Wealth Capital / Astra Consulting OU - Energie Investissement Holding Sa - www.findealadvisers.com - Lcp fund - Ppsa Europe Investments Consulting - Elektronik Service Ag - Silk Assets Investments ltd - Esos International Ltd / Kadeky International s.r.o. - Walter International - Ibc Financial - www.huayafx.com - Harrison Investimentos - Glastrox Trade Ltd / Fgmarkets - Gryphon Financial Services / Paladin Fx - Pepperstone Group Limited - Cibfx Limited - Ava Trade Ltd - Capitalia Limited / Tradear - MetalsWise / MetalWise - Crowd1 / Impact Crowd Technology Sl - First City Markets 

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Austria (Financial Market Authority - FMA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Portugal (Portuguese Securities Commission - CMVM), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Czech Republic (Czech National Bank - CNB), Hong Kong (Securities and Futures Commission - SFC), Brazil (Comissão de Valores Mobiliários - CVM), New Zealand (Financial Markets Authority - New Zealand - FMA) and Ontario (Ontario Securities Commission - OSC) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Find Best Bond (www.findbestbond.com);
    • Ram Active Investments (www.ram-ai-private.com) with stated address in New York, clone of the authorised company RAM Active Investments (Europe) S.A. based in Luxembourg;
    • Uk National Bonds (https://uk-nationalbonds.co.uk) with stated address in London;
    • Thortons Global (www.thortonsglobal.com) with stated address in London;
    • 123bond.co.uk, with stated address in London;
    • Isa Search / ISAsearch.net (e-mail: enquiries@isasearch.net) with stated address in London;
    • United Bonds (http://unitedbonds.co.uk);
    • Bond Office (http://bondoffice.co.uk);
    • National British Bonds (http://www.nationalbritishbonds.co.uk).

    Reported by the FMA (Austria):

    • Wealth Capital / Astra Consulting OU (www.wealthcapital.fm), previously reported by the FCA (see "Consob Informa" no. 1/2020 of 13 January 2020) and by FINMA (see "Consob Informa" no. 30/2019 of 9 September 2019).

    Reported by the CSSF:

    • Energie Investissement Holding Sa (https://energie-spot.com);
    • www.findealadvisers.com with stated address in Luxembourg, clone of the authorised company by CSSF, Findeal Advisers S.A.

    Reported by the CMVM:

    • Lcp fund (www.lcpfund.com) already reported by FINMA (see 'Consob Information' no. 21/2020);
    • Ppsa Europe Investments Consulting (www.ppsa-europe.com) website already reported by AMF (see "Consob Informa" no. 22/2020).

    Reported by the FINMA:

    • Elektronik Service Ag (https://sparpiloten.ch) with stated address in Zurich.

    Reported by the CNB:

    • Silk Assets Investments ltd (www.silkassets.org);
    • Esos International Ltd / Kadeky International s.r.o. (www.ainvestments.com).

    Reported by the SFC:

    • Walter International (www.walterinternational.co);
    • Ibc Financial (www.ibcfinancial.com);
    • www.huayafx.com not to be associated with the company authorized by the SFC, Alpha Futures Company Limited.

    Reported by CVM:

    • Harrison Investimentos (https://harrisoninvestimentos.com.br);
    • Glastrox Trade Ltd – Fgmarkets (www. fgmarkets.com);
    • Gryphon Financial Services / Paladin Fx (http://novosite.paladinforex.com/pt);
    • Pepperstone Group Limited (https://pepperstone.com/por);
    • Cibfx Limited (www.cibfx.com/pt-pt);
    • Ava Trade Ltd (www.avatrade.com, www.avatradeportuguese.com;
    • Capitalia Limited – Tradear (https://www.tradear.com).

    Reported by the FMA (New Zealand):

    • MetalsWise / MetalWise (https://metalswise.com) with stated address in London;
    • Crowd1 / Impact Crowd Technology Sl (https://crowd1.com) with stated address in Madrid.

    Reported by OSC:

    • First City Markets (www.firstcitymarkets.com) with stated address in Panama.

    (Published in "Consob Informa" no. 23/2020 of  15 June 2020)

  • 08 giu 2020
    Warning on

    Macquarie Capital - Step Debt Free - Lead Generation Ltd / Hamilton Investments - Cleverinvestors.co.uk - GainFintech/ Gain Fintech Ltd - Delta Capitals - Thomas Ast Capital Management - United Bonds - ETX Capital - Invicta Financial Services - Allow Loans - Step Changing - Compare - Free - British Bond Capital -Bright Finance - Step Clear From Debts - Bullion Hedge Global - Tower of London Worldwide - Search Investments / search-investments.co.uk - UK Property Bonds / Compare Property Investments - UBS Asset Management - M&G Investments / M&G Securities - Barings / Baring Asset Management - Midas Wealth Management Securities - Macquarie Capital - Investinghub.co.uk - Falcon Fund Management - compliance-partners.fr - www.ppsa-europe.com - www.ahp-management.com - www.aldgate-advisors.com - www.axatechviewou.com - www.rbcglobal-asset.com - https://www.inverten.com - Grandefex Soleil Rouge Inc - Navitas Markets / Salvax Ltd - Atirox Inc - Cabana Capitals Limited - Cvc Markets - Fxgen Ltd - Trust Investing - Universal Markets / Um Media Llc - Existrade Ltd - Hardman & Brookes

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), France (Autorité des Marchés Financiers - AMF), Spain (Comisión Nacional del Mercado de Valores - CNMV) and Switzerland (Swiss Financial Market Supervisory Authority – FINMA) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Macquarie Capital (www.macquariecap.co.uk, www.macquariecap.com) clone of the authorised company Macquarie Capital (Europe) Limited (www.macquarie.com/uk/corporate) based in London;
    • Step Debt Free (www.stepdebtfree.co.uk) with stated address in Manchester;
    • Lead Generation Ltd / Hamilton Investments (email: enquiries@hamiltoninvestments.co) with stated address in London;
    • Cleverinvestors.co.uk (email: hello@cleverinvestors.co.uk) with stated address in London;
    • GainFintech/ Gain Fintech Ltd (https://gainfintech.com) with stated address in Kingstown (Saint Vincent And The Grenadines);
    • Delta Capitals (www.delta-capitals.com; www.zexler.space) clone of the authorised company DeltaFinancial Management Limited (www.deltafinancial.co.uk) based in Borehamwood, Hertfordshire (UK);
    • Thomas Ast Capital Management (www.tacm.co.uk) with stated address in London, clone of the authorised company Thomas Ast based in Germany;
    • United Bonds with stated address in London;
    • ETX Capital (https://capitaletx.com) with stated address in Jamestown (USA), clone of the authorised company Monecor (London) Ltd (www.etxcapital.com) based in London;
    • Invicta Financial Services (email: cfo@invicta-fs.com; Federico.ferretti@invicta-fs.com) with stated address in Sittingbourne, Kent (UK) clone of the authorised company Invicta Financial Services Ltd (www.invicta-group.co.uk) based in Tonbridge, Kent (UK);
    • Allow Loans (http://allowloans.com) with stated address in London;
    • Step Changing (www.stepchanging.org.uk);
    • Compare - Free (www.compare-free.co.uk) with stated address in London;
    • British Bond Capital (https://britishbondcapital.co.uk);
    • Bright Finance (www.brightfinance.co) with stated addresses in Leeds (UK), Munich and Majuro (Marshall Islands);
    • Step Clear From Debts (www.stepclearfromdebts.co.uk) with stated address in Manchester;
    • Bullion Hedge Global (www.bullionhedgeglobal.com) with stated address in London;
    • Tower of London Worldwide (www.toweroflondon-worldwide.com) with stated address in London;
    • Search Investments / search-investments.co.uk (www.search-investments.co.uk) with stated address in Croydon (UK);
    • UK Property Bonds / Compare Property Investments (www.ukpropertybonds.net/compare) with stated address in London;
    • UBS Asset Management (info@ubs-am.com, info@ubs-am.co.uk) clone of the authorised company UBS Asset Management Funds Ltd based in London;
    • M&G Investments / M&G Securities (email: info@globalmandg.com, info@globalmandg.co.uk, info@mandgglobal.com, info@globalmandgplc.com) with stated address in London, clone of the authorised companies M&G Investment Management Limited (www.mandg.co.uk) and M & G Securities Limited (www.mandg.co.uk);
    • Barings / Baring Asset Management (www.baringuk.com, www.try.aldi-investment.com), clone of the authorised company Baring Asset Management Limited (www.barings.com);
    • Midas Wealth Management Securities (www.midaswms.com) with stated address in Kingstown (Saint Vincent And The Grenadines);
    • Macquarie Capital (www.macquariecap.co.uk, www.macquariecap.com) clone of the authorised companyMacquarie Capital (Europe) Limited (www.macquarie.com/uk/corporate) based in London;
    • Investinghub.co.uk and the trading platform Ambershaw Limited (www.investinghub.co.uk) with stated address in London;
    • Falcon Fund Management (www.falconfundmanagement.com) with stated address in London, clone of the authorised company Falcon Fund Management (Luxembourg) SA based in Luxembourg.

    Reported by the AMF:

    • compliance-partners.fr;
    • www.ppsa-europe.com;
    • www.ahp-management.com;
    • www.aldgate-advisors.com;
    • www.axatechviewou.com;
    • www.rbcglobal-asset.com.

    Reported by the CNMV:

    • https://www.inverten.com;
    • Grandefex Soleil Rouge Inc (www.grandefex.com);
    • Navitas Markets / Salvax Ltd (www.navitasmarkets.com);
    • Atirox Inc (https://atirox.com/es/);
    • Cabana Capitals Limited (www.cabanacapitals.com);
    • Cvc Markets (www.cvcmarkets.com);
    • Fxgen Ltd (https://fx-gen.com/es/);
    • Trust Investing (https://trustinvesting.com);
    • Universal Markets / Um Media Llc (www.umarketspro.net/es/);
    • Existrade Ltd (https://es.wforex.com).

    Reported by the FINMA:

    • Hardman & Brookes (www.hardmanbrookes.com) with stated address in Zurich.

    (Published in "Consob Informa" no. 22/2020 of 8 June 2020)

  • 08 giu 2020
    Warning on

    F1Markets Ltd - Magnum FX (Cyprus) Ltd - Hoch Capital Ltd

    • Hardman & Brookes (www.hardmanbrookes.com) with stated address in Zurich.

    The Cyprus Securities and Exchange Commission (CYSEC) reports that it has ordered, with effect from 1 June 2020, the partial suspension of the authorisation to provide investment services granted to Cypriot companies:

    F1Markets Ltd and Magnum FX (Cyprus) Ltd may not accept new clients and may not advertise as investment service providers from 1 June 2020 (unless such decisions are revoked).

    The same Cypriot supervisory authority also reports that, with effect from the same date of 1 June 2020, it has ordered the total suspension of the authorisation to provide investment services issued to the Cypriot company Hoch Capital Ltd (https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=ddc8f8e1-7660-4d8e-b3f2-902cf2109a25), already the subject of a Consob precautionary measure prohibiting the exercise of activities in Italy and still in force (see Resolution no. 21171 of 5 December 2019).

    It should be noted that the following websites can be traced back to these Cypriot companies:

    • F1Markets Ltd: www.f1markets.com; www.StrattonMarkets.com; www.24CM.com; www.investous.com/eu; www.europrime.com/eu.
    • Magnum FX (Cyprus) Ltd: magnumfx.eu; ETfinance.eu.
    • Hoch Capital Ltd: www.hochcapital.com; www.itrader.com; www.tradeATF.com.

    CONSOB invites investors to carefully consult the lists of investment firms actually authorised to operate in Italy (http://www.consob.it/web/area-pubblica/imprese-di-investimento1) as well as the investor protection warnings (http://www.consob.it/web/area-pubblica/avvisi-ai-risparmiatori) and in any event to be careful before making investment decisions.

    (Published in "Consob Informa" no. 22/2020 of 8 June 2020)

  • 01 giu 2020
    Consob warning on

    CobraCFD Ltd (www.cobra-cfd.biz) - White Rock Partners Ltd (https://mycapital.io) - Vaneda Partners Ltd e Zeus Partnership OÜ (www.dax100fx.com) - Kleinman Enterprise Ltd (https://thecapitalstocks.com) - Global Top Marketing Ltd e Gps Marketing Ltd (https://profit-trade.net) - UMO Finance Ltd (www.umo-finance.com) - Alberto Simoni (www.umoperte.dazeroamarketer.com) 

    Consob has ordered the black-out of 7 new websites: 5 abusive financial intermediation sites and 2 sites through which financial products are offered without a prospectus.

    The Authority availed itself of the powers deriving from the "growth decree" (Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies) regarding the blackout of the sites of abusive financial intermediaries, as well as the new power introduced by Law no. 8 of 28 February 2020 (article 4, paragraph 3-bis), regarding the blackout of the site through which the abusive bid is made.

    Below are the sites Consob has ordered to be blacked out:

    • CobraCFD Ltd (website www.cobra-cfd.biz);
    • White Rock Partners Ltd (website https://mycapital.io);
    • Vaneda Partners Ltd and Zeus Partnership OÜ (website www.dax100fx.com);
    • Kleinman Enterprise Ltd  (website https://thecapitalstocks.com);
    • Global Top Marketing Ltd and Gps Marketing Ltd (website https://profit-trade.net).
    • UMO Finance Ltd (website www.umo-finance.com);
    • Alberto Simoni (website www.umoperte.dazeroamarketer.com).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 218.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that there is a section on the homepage of its website entitled "Be aware of fraud!", which provides useful information to warn investors against financially abusive initiatives.

    The Commission has also prohibited:

    • pursuant to Article 99, paragraph 1, letter d) of the Consolidated Law on Finance, the bid to the public resident in Italy concerning investments of a financial nature made by the company UMO Finance Ltd in the absence of the required authorizations also through the website www.umo-finance.com(Resolution no. 21389 of 27 May 2020);
    • pursuant to Article 101, paragraph 4, letter c), of the Consolidated Law on Finance, the advertising activity carried out by Mr. Alberto Simoni through the website www.umoperte.dazeroamarketer.com, on the public bid promoted by UMO Finance Ltd (Resolution no. 21388 of 27 May 2020).

    The Commission had already suspended the above activities for 90 days, with Resolutions nos. 21279 and 21280 26 November 2020 (see "Consob Informa" no. 8/2020).

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree: 

    - CobraCFD Ltd through the website www.cobra-cfd.biz (resolution no. 21386 of 27 May 2020);

    - White Rock Partners Ltd through the website https://mycapital.io (resolution no. 21384 of 27 May 2020);

    - Vaneda Partners LTD and Zeus Partnership OÜ through the website www.dax100fx.com (resolution no. 21387 of May 2020);

    - Kleinman Enterprise Ltd through the website https://thecapitalstocks.com (resolution no. 21385 of 27 May 2020);

    Global Top Marketing LTD and GPS Marketing Ltd through the website https://profit-trade.net (resolution no. 21383 of 27 May 2020).

    (Published in "Consob Informa" no. 21/2020 - 6 June 2020)

  • 01 giu 2020
    Warning on

    ISA-Expert.com - Jean Pierre Technologies / JP Finance - The Alberto Marco Group - The Profit Prince - Ambershaw Limited - Texmoore Limited - BoxVn Limited / Boxvn-Invest - Darwinenc.com / Darwinexc.com - AJ Bell - HBOS International Funds - Infinity Fx / LukeTradesFx - British Bond Compare - Solar Claim Experts - National bonds - UK Bond Deals - UK Bonds Group - UK Compare - The Bond Market - Step Debt Line - Q8TradeFX - PGIM Invest / Pru Invest / Pru Indemnity plc / Pru IPO Recovery / Pru Crypto / PruMail - AG Broker - Allianz Global Investors - Redwood ESF - Investment Compare - Invest Compare - Investorable - www.stepoutofdebt.org.uk - Sharefounders - Step Clear to Change - Search Investments - Easy Bonds - Standard Bonds - Investment Search - British Bonds - My Scam Adviser / MyScamAdviser - Brewin Dolphin - Southgate & Culham Investments - Ecm-Uk Ltd - Britannia Credit Union - EU Traders Monitoring Team - Go Compare the Bond Market - Alreford DAC - Alliance Venture Management - Heron Wealth Management - Cash Loans 4 u - Numisbitbond - Wyelands Bank - Excellent-Bonds.com - www.bitcoin-storm.com/fr - www.cryptolegacypro.com/fr - www.ovale-scpi.com - www.cemg-groupe.com - www.creo-conseil.com - www.globalmtcorp.com - www.act-financial-solutions.com - www.groupe-bkint.com - www.i-financial-advisor.com - www.uniontradecenter.com - www.mf-capital.fr - www.tiic-conseil.com - www.providence-investissement.com First Financial Banc / Warp Enterprise Ltd - Multifx Signals Limited - Fxlifestyle - www.facebook.com/2circlefx/ - Markets48 - D. Ezequiel Reig Rico - Virtualstocks / Virtualfunds / Virtualfunds Inc. / Kleinman Enterprise Ltd - Tradixa Ltd - Fxtradeprofit Ltd - Globalminingscity Ltd - Alpha Trade Fx - Western Group Inc - Tradeoption - CREDIT-TRADE - Game Capital Ads Limited - Livemarkets Realty Financial Planning, S.L., - Inter Media Ltd - https://stringsfxone.com - //es.itistocksbrokers.com - //Forexmarkettrade.com - //es.invest247.co.uk - Broker Crypto Banks - CONSENCCO Holdings Financial Corporation - LCP Fund - Tower of London Worldwide - Flat Innovations AG - KeperCoin - OTC Market Sàrl - Swisscrypto365 - Renaissance Swiss Bank - Waterhouse Partners - Swisstrade Exchange - Trado Tek - Girofx - Redwood Bay Investors LLC / RBIFX - Soho Limited - www.blueskylt.com - www.gfqihuo.com - Redstone Capital Partners - www.fidelityinvestmentsgroup.com/hk - www.fidelityinvestmentsgroup.com - Altrice Investment Co. Limited - New Economic Evolution of the World (NEEW) - Pioneer Income - Royal C Bank - Markets Cube - Amber - Scams implemented using names of real employees of the Sec

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), France (Authorité des Marchés Financiers - AMF), Spain (Comisión Nacional del Mercado de Valores - CNMV), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Sweden (Finansinspektionen), Hong Kong (Securities and Futures Commission - SFC), New Zealand (Financial Markets Authority – New Zealand - FMA), Portugal (Comissão do Mercado de Valores Mobiliários - CMVM), Denmark (Danish Financial Supervisory Authority - FSA), and the United States (Securities and Exchange Commission - SEC), report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • ISA-Expert.com (email: enquiries@isa-expert.com) with stated address in London;
    • Jean Pierre Technologies / JPFinance (www.jp.finance) with stated address in London, Chippendale (New South Wales - Australia) and Majuro (Marshall Islands);
    • The Alberto Marco Group (www.albertomarcogroup.com) with stated address in Singapore, Hong Kong and Arezzo, clone of the authorised company Donati Broker Sas. di Donati Marco e Alberto based in Via Guido Monaco 80, 52100 - Arezzo;
    • The Profit Prince ( www.theprofitprince.com);
    • Ambershaw Limited (http://Investinghub.co.uk);
    • Texmoore Limited (www.texmoore.com) with stated address in London;
    • BoxVn Limited / Boxvn-Invest (www.boxvn-invest.com) with stated address in Essex (UK);
    • Darwinenc.com / Darwinexc.com (www.darwinenc.com/, http://www.darwinexc.com) clone of the authorised company Tradeslide Trading Tech Limited operating with the trading platform DarwinEx (www.darwinex.com) based in London;
    • AJ Bell (email: leon@ajbell.co; compliance@ajbell.co; leon@ajbell.cc; compliance@ajbell.cc; phil.hawkins@ajbell.cc) clone of the authorised company AJ Bell Asset Management Limited based in Manchester (email: louis.petherick@ajbell.co.uk);
    • HBOS International Funds (www.hbosinternationalfunds.com) with stated address in Edinburgh, New York and London, clone of the authorised company HBOS International Investment Funds ICVC / HBOS Investment Fund Managers Ltd (www.halifax.co.uk) based in Edinburgh;
    • Infinity Fx / LukeTradesFx (instagram: https://www.instagram.com / luketradesfxlinktr.ee/luketradesfx; website: https://www.tradewithinfinity.com);
    • British Bond Compare (www.britishbondcompare.com) with stated address in London;
    • Solar Claim Experts (solarclaimexperts.com);
    • National bonds (www.nationalbonds.org.uk) with stated address in London;
    • UK Bond Deals (www.ukbonddeals.co.uk) with stated address in London;
    • UK Bonds Group (www.ukbondsgroup.co.uk) with stated address in Mayfair (UK);
    • UK Compare (www.ukcompare.org) with stated address in London;
    • The Bond Market (www.the-bondmarket.com) with stated address in London
    • Step Debt Line (www.stepdebtline.org.uk) clone of the authorised company Foundation for Credit Counselling and the trading platform Stepchange (www.stepchange.org);
    • Q8TradeFX (https://q8trade-fx.com) clone of the authorised company Gain Capital UK Limited (www.cityindex.com, www.forex.com/uk) based in London;
    • PGIM Invest / Pru Invest / Pru Indemnity plc / Pru IPO Recovery / Pru Crypto / PruMail (www.pruindemnity.com; www.pgiminvest.com; www.spsec.com; pwww.ruiporecovery.com) clone of the authorised company PGIM Limited based in London;
    • AG Broker (www.agbroker.co.uk) clone of the authorised company A G Broker S.r.l. based in Italy;
    • Allianz Global Investors (email: enquiry@alz-retail.com, info@alz-retail.com, legal@alz-docs.com, info@alz-ne.com, clients@alz-client.com) clone of the authorised company Allianz Global Investors GmbH (https://uk.allianzgi.com) based in London; a company previously reported (see "Consob Informa" no. 18/2012);
    • Redwood ESF (www.redwoodesf.com, www.redwood-esf.com) with stated address in London, clone of the authorised company Redwood European Strategies Fund;
    • Investment Compare (www.investment-compare.co.uk) with stated address in Hertfordshire (UK);
    • Invest Compare (http://investcompare.co.uk) with stated address in London;
    • Investorable (www.investorable.co.uk);
    • www.stepoutofdebt.org.uk with stated address in Manchester;
    • Sharefounders (www.sharefounders.com) with stated address in Hong Kong, previously reported by the SFC (see "Consob Informa" no. 12/2020);
    • Step Clear to Change (www.stepcleartochange.org) with stated address in Keillmore (UK);
    • Search Investments (www.search-investments.com);
    • Easy Bonds (https://easy-bonds.com) with stated address in London;
    • Standard Bonds (www.standardbonds.co.uk) with stated address in London;
    • Investment Search (www.investment-search.co.uk) with stated address in Croydon (UK);
    • British Bonds (www.british-bonds.co.uk, http://britishbonds.uk);
    • My Scam Adviser / MyScamAdviser (www.myscamadviser.com) with stated address in Israel;
    • Brewin Dolphin (email: info@brewinplc.com; info@brewindolphinuk.com) clone of the authorised company Brewin Dolphin Limited (www.brewindolphin.co.uk) based in London;
    • Southgate & Culham Investments (www.sc-invests.com) with stated address in London, clone of the authorised company Southgate & Culham Limited (www.southgateandculham.com) based in Suffolk (UK);
    • Ecm-Uk Ltd (www.uk-ecm.com) with stated address in London, clone of the authorised company Eturn Capital Management AB based in Vallingby (Sweden);
    • Britannia Credit Union (www.britanniacu.co.uk) clone of the authorised company Britannia Credit Union Limited based in Magheralin, Lurgan, County Armagh (UK);
    • EU Traders Monitoring  Team (email: George.barrett@eutradersmonitoringteam.com) clone of the authorised company Allay Claims Ltd (www.allay.co.uk) based in Newcastle upon Tyne, Tyne and Wear (UK);
    • Go Compare the Bond Market (www.gocomparethebonds.com) clone of the authorised company gocompare.com Limited (www.gocompare.com) based in Newport, Gwent (UK);
    • Alreford DAC (www.alreforddac.com) with stated address in London, clone of the authorised company Alreford DAC based in Dublin;
    • Alliance Venture Management (www.alliance-vm.com) with stated address in London, clone of the authorised company Alliance Venture Management AB​​​​​​​ based in Stockholm;
    • Heron Wealth Management (www.heronwm.com) with stated address in London, clone of the authorised company Heron Wealth Management Limited based in Cardiff, South Glamorgan (UK) and Bank of Ireland Business Finance Limited based in Belfast (Ireland);
    • Cash Loans 4 u (https://cashloans4u.co.uk) with stated address in Manchester, clone of the authorised company Cash Loans 4 U Limited based in Gorseinon, Swansea (UK);
    • Numisbitbond (https://numisbitbond.com) clone of the authorised company Numis Securities Limited www.numiscorp.com based in London;
    • Wyelands Bank (https://wyelands.online; http://wyelands.eonlnbn.com) clone of the authorised company Wyelands Bank Plc (www.wyelandsbank.co.uk) based in London;
    • Excellent-Bonds.com (www.excellent-bonds.com) with stated address in London.

    Reported by the AMF:

    • www.bitcoin-storm.com/fr;
    • www.cryptolegacypro.com/fr;
    • www.ovale-scpi.com;
    • www.cemg-groupe.com;
    • www.creo-conseil.com;
    • www.globalmtcorp.com;
    • www.act-financial-solutions.com;
    • www.groupe-bkint.com;
    • www.i-financial-advisor.com;
    • www.uniontradecenter.com;
    • www.mf-capital.fr;
    • www.tiic-conseil.com;
    • www.providence-investissement.com.

    Reported by the CNMV:

    • First Financial Banc / Warp Enterprise Ltd (https://firstfinancialbanc.com/es);
    • Multifx Signals Limited (https://multifxsignals.com);
    • Fxlifestyle www.fxlifestyle.com;
    • www.facebook.com/2circlefx/;
    • Markets48 (www.markets48.com);
    • D. Ezequiel Reig Rico;
    • Virtualstocks / Virtualfunds / Virtualfunds Inc. / Kleinman Enterprise Ltd (www.virtualstocks.co, www.virtualstocks.cc, www.virtualstocks.io). The company was the subject of Consob resolution no. 21204 of 18 December 2019 and subsequently, of an order to internet service providers to block access to the site from Italy (see "Consob Informa" no. 45/2019);
    • Tradixa Ltd (www.tradixa.co);
    • Fxtradeprofit Ltd (www.fxtradeprofit.com);
    • Globalminingscity Ltd (www.globalminingscity.com);
    • Alpha Trade Fx (https://alphatradefx.com/);
    • Western Group Inc (www.westernfx.com);
    • Tradeoption (https://tradeoption24.net);
    • CREDIT-TRADE (https://credit-trade.com);
    • Game Capital Ads Limited (https://es.welttrades.com, https://es.procapitaltd.com, https://es.cryptocapitalpro.com, https://es.247worldbtcfx.com, https://es.24proinvestors.com);
    • Livemarkets Realty Financial Planning, S.L., the company is associated with D. Daniel Puerta Arranz;
    • Inter Media Ltd (https://es.cfgtrades.com);
    • https://stringsfxone.com;
    • https://es.itistocksbrokers.com;
    • https://Forexmarkettrade.com;
    • https://es.invest247.co.uk;
    • Broker Crypto Banks (https://brokercryptobanks.com) clone of the authorised company Ava Trade Eu Limited.

    Reported by FINMA:

    • CONSENCCO Holdings Financial Corporation (https://consenccoholdings.com) with stated address in Basel:
    • LCP Fund (https://lcpfund.com);
    • Tower of London Worldwide (www.toweroflondon-worldwide.com) with stated address in Geneva;
    • Flat Innovations AG (www.flatmining.com) with stated address in Zurich;
    • KeperCoin (www.kepercoin.com) with stated address in Bern, already reported by the FMA (Austria) (see "Consob Informa" no. 13/2020);
    • OTC Market Sàrl (www.otc-market.ch) with stated address in Lausanne;
    • Swisscrypto365 (www.swisscrypto365.com) with stated address in Bern;
    • Renaissance Swiss Bank (www.renaissanceswiss.com) with stated address in Geneva;
    • Waterhouse Partners (/www.waterhousepartners.com) with stated address in Geneva;
    • Swisstrade Exchange (https://swisstrade.exchange.com) with stated address in Geneva.

    Reported by Finansinspektionen:

    • Trado Tek (www.tradotek.com) with stated address in London;
    • Girofx (https://girofx.com/) with stated address in Tallin (Estonia), Limassol (Cyprus) and London.

    Reported by the SFC:

    • Redwood Bay Investors LLC / RBIFX (www.rbifx.com) with stated address in Hong Kong;
    • Soho Limited (www.soholtd.com), with stated address in Hong Kong;
    • www.blueskylt.com, clone of the authorised company Sfc Invesco Hong Kong Limited;
    • www.gfqihuo.com;
    • Redstone Capital Partners (www.redstoneonline.com);
    • www.fidelityinvestmentsgroup.com/hk;
    • www.fidelityinvestmentsgroup.com.

    Reported by the FMA  (New Zealand):

    • Altrice Investment Co. Limited (https://altriceinvestment.com/ and https://altricepcd.com/) with stated address in Hong Kong;
    • New Economic Evolution of the World (NEEW) (www.tng-neew.com/en - www.my-cryptounit.com - www.skywayinvestgroup.com) this company is related to the companies RSW Investment Group Ltd, NEEW-TNG Ltd, Skyway Investment Group, Skyway Capital, Skyway Group, TNG Limited and RTN Limited previously reported;
    • Pioneer Income (https://pioneerincome.com/) with stated address in London but with contact details in New Zealand.

    Reported by the CMVM:

    • Royal C Bank (www.royalcbank.com/);
    • Markets Cube (www.marketscube.com.) previously reported by the FSMA (see "Consob Informa" no. 22/2019), by the CNMV (see "Consob Informa" no. 40/2018) and by the FCA (see "Consob Informa" no. 42/2018).

    Report by the FSA:

    • The Danish supervisory authority (FSA) warns investors that a company named Amber (www.amber-am.com) uses references, contact details and authorisations relating to a company, Amber Fondsmæglerselskab A/S, which ceased trading in 2011 following a merger with another financial company.

    Report by the SEC:

    • The US regulator warns investors about a series of scams using the names of actual SEC employees to deceive victims, including non-US investors. These subterfuges are done in order to access brokerage accounts and personal data with a view to appropriating the financial resources of investors. A feature of some of these scams is the use of websites and email addresses similar to those used by US government agencies.

    (Published in "Consob Informa" no. 21/2020 of  6 June 2020)

  • 25 mag 2020
    Consob warning on

    "CruxInv" (https://cruxinv.com, https://client.crux24.com) - Digital Exchange Limited e Securex Plus Solutions Eood (www.dgxltd.com) - Maginito Services Ltd (www.profitsystemfx.com) - Kleinman Enterprise Ltd e Kleinman Services Ou (https://wisefunds.co) - FxLinked Ltd, FxLinked (Sv) Ltd, FxLinked (Europa) Ltd e FxLinked (Seychelles) (www.fxlinked.com, www.forexlinked.com) 

    Consob has ordered the black-out of 7 new 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:

    • "CruxInv" (websites https://cruxinv.com and https://client.crux24.com);
    • Digital Exchange Limited and Securex Plus Solutions Eood (website www.dgxltd.com);
    • Maginito Services Ltd (website www.profitsystemfx.com);
    • Kleinman Enterprise Ltd and Kleinman Services Ou (website https://wisefunds.co);
    • FxLinked Ltd, FxLinked (Sv) Ltd, FxLinked (Europa) Ltd and FxLinked (Seychelles) (websites www.fxlinked.com and www.forexlinked.com).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 211.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that there is a section on the homepage of its website entitled "Be aware of fraud!", which provides useful information to warn investors against financially abusive initiatives.

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree: 

    - CruxInv through the websites https://cruxinv.com andhttps://client.crux24.com (Resolution no. 21378 of 21 May 2020);

    - Digital Exchange Limited and Securex Plus Solutions Eood through the website www.dgxltd.com (Resolution no. 21381 of 21 May 2020);

    - Maginito Services Ltd through the website www.profitsystemfx.com (Resolution no. 21382 of 21 May 2020);

    - Kleinman Enterprise Ltd and Kleinman Services Ou through the website https://wisefunds.co (Resolution no. 21380 of 21 May 2020);

    - FxLinked Ltd, FxLinked (Sv) Ltd, FxLinked (Europa) Ltd and FxLinked (Seychelles) through the websites www.fxlinked.com and www.forexlinked.com (Resolution no. 21379 of 21 May 2020).

    (Published in "Consob Informa" no. 20/2020 - 25 May 2020)

  • 25 mag 2020
    Warning on

    Assets Assurances - Quantum Wealth Management - Universal Loans - Bit-Holdings - Global Pro Trader - Crown Compare - Royalcomparison.co.uk - NB-Finance / NBC Global Finance - Altyx Financial Planning Ltd - KWS Investments LLC - 10CryptoMarket - Primecapitec - EasyWerben - Xlarge Verwaltungs GmbH - Drakefield Corporate Partners (Usa) - Colbert & Welling LLP (Usa) - 12 West Capital Management - 1st American Securities - 247 Options Trade - 1st New York Financial Corporation - 365Tradeposition - 426 Investments Incorporated - Abacus & Partners - Access Broker.com Inc. - Accer Mergers and Acquisitions - Zilton Capital - Zenith Research Group - Young Capital M&A - York & Williamson - X-Clearing Corporation - Wyatt M & A Advisory - Worldwide Transfer and Trust - Worldwide Regulators Board - Worldwide Insurance Network Group (Aka WING Insurance) - Woori Investment & Securities America, Inc. - Woodbridge Escrow and Clearing - Wineburg Corporate Insurance  - Windgate Security Management  - Wincrest Management Solution, Ltd. - Willkinson Capital Group - Williamson Advisors Ltd - Williams Royale Associates - Williams & Miller PLLC - Williams Mckenna Associates - William Campbell Company

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Austria (Financial Market Authority - FMA), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Ireland (Central Bank of Ireland - CBI) and the USA (Securities and Exchange Commission - SEC) report companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Assets Assurances (www.assetsassurances.co.uk) with stated address in London, clone of the authorised company Assets Assurances based in Paris;
    • Quantum Wealth Management (www.quantum-wealthmanagement.com) with stated address in London, clone of the authorised company Quantum Wealth Management Ltd (www.quantumwealthmanagement.com) and of the authorised company Quantum Trade Wholesale Distribution Srl;
    • Universal Loans (www.universalloans.co.uk) with stated address in Manchester;
    • Bit-Holdings (www.bit-holdings.com) with stated address in Zurich;
    • Global Pro Trader (www.globalprotrader.com);
    • Crown Compare (www.crowncompare.co.uk);
    • Royalcomparison.co.uk, with stated address in London;
    • NB-Finance / NBC Global Finance (www.nb-finance.co.uk, www.nbcglobalfinance.com, www.my-new-investment.co.uk) with stated address in London, clone of the authorised company NBC Global Finance Limited based in Dublin;
    • Altyx Financial Planning Ltd (email:  info@altyx-fp.com; florian.m@altyx-fp.com), clone of the homonymous authorised company Altyx Financial Planning Ltd (www.altyxfp.com) based in London.

    Reported by the FMA (Austria):

    • KWS Investments LLC (www.kws-investmentbanking.com) with stated address in Kutaisi (Georgia).

    Reported by FINMA:

    • 10CryptoMarket (/www.10cryptomarket.com) with stated address in Geneva;
    • Primecapitec (www.primecapitec.com) with stated address in Zurich;
    • EasyWerben (www.easywerben.com) with stated address in Zurich;
    • Xlarge Verwaltungs GmbH (www.tonach-ag.com) with stated address in Lausanne.

    Reported by the CBI:

    • Drakefield Corporate Partners (USA);
    • Colbert & Welling LLP (USA).

    Reported by the SEC:

    • 12 West Capital Management (www.12-wcm.com) with stated address in New York;
    • 1st American Securities (www.firstamericansecurities.com) with stated address in New York;
    • 247 Options Trade;
    • 1st New York Financial Corporation (www.1stnewyorkfinancial.com) with stated address in New York;
    • 365Tradeposition (www.365tradeposition.com) with stated address in Chicago;
    • 426 Investments Incorporated (www.426investmentsinc.com) with stated address in Fountain Valley;
    • Abacus & Partners (www.abacusglobalgroup.com) with stated address in Chicago;
    • Access Broker.com Inc. (www.abrokercorp.com) with stated address in Cleveland;
    • Accer Mergers and Acquisitions (www.accerma.com) with stated address in New York;
    • Zilton Capital (www.ziltoncapital.com), with stated address in New York;
    • Zenith Research Group (www.zenithresearchgroup.com);
    • Young Capital M&A (www.youngcapitalma.com);
    • York & Williamson (www.yorkandwilliamson.com) with stated address in Boston;
    • X-Clearing Corporation (www.xclr.com) with stated address in Denver;
    • Wyatt M & A Advisory (www.wyattmaadvisors.com) with stated address in Chicago;
    • Worldwide Transfer and Trust (www.worldwidetransfertrust.com);
    • Worldwide Regulators Board (www.wregboard.com) with stated address in New York;
    • Worldwide Insurance Network Group  (Aka WING Insurance) (www.winginsurance.com) with stated address in New York;
    • Woori Investment & Securities America, Inc. with stated address in New York;
    • Woodbridge Escrow and Clearing (www.woodbridgeescrowandclearing.com) with stated address in Washington;
    • Wineburg Corporate Insurance (www.wineburgcorporate.com);
    • Windgate Security Management (www.windgatesecuritymgt.com) with stated address in New York;
    • Wincrest Management Solution, Ltd. (www.windcrestmgtsolution.com);
    • Willkinson Capital Group (www.willkinsoncapital.com);
    • Williamson Advisors Ltd (www.williamsonadvisorsltd.com);
    • Williams Royale Associates (www.williamsroyale.com);
    • Williams & Miller PLLC (www.wmlawpllc.com) with stated address in New York;
    • Williams Mckenna Associates (www.williamsmckenna.com) with stated address in Seattle;
    • William Campbell Company (williamcampbellcompany.com) with stated address in New York.

    (Published in "Consob Informa" no. 20/2020 of  25 May 2020)

  • 18 mag 2020
    Consob warning on

    Uptos Ltd (www.uptos.com) - Swissgems Ltd e Media Solutions Ltd (www.marketscfd.net) - Zurichbanc Ltd (www.zurichbanc.co) - Platinumpro Investment Ltd (https://platinumproinvestment.com) - Bitcoin-Trader (https://bitcointrader.software)   

    Consob has ordered the black-out of 5 new 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:

    • Uptos Ltd (website www.uptos.com);
    • Swissgems Ltd and Media Solutions Ltd (website www.marketscfd.net);
    • Zurichbanc Ltd (website www.zurichbanc.co);
    • Platinumpro Investment Ltd (website https://platinumproinvestment.com);
    • Bitcoin-Trader (website https://bitcointrader.software).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 204.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that there is a section on the homepage of its website entitled "Be aware of fraud!", which provides useful information to warn investors against financially abusive initiatives.

    ***

    Moreover, Consob warns investors, with a special notice, about the practice adopted by abusive financial operators who improperly use the name and image of celebrities to promise easy earnings and induce investors to subscribe to investment proposals.

    In particular, Consob warns that parties not authorised to provide investment services, addressing savers mainly through websites and social media, improperly associate untruthful statements, interviews or images of public figures with services they unlawfully offer or provide. The purpose of this practice is to promote investment services to investors using the images of people well-known in various sectors without their knowledge.

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree: 

    (Published in "Consob Informa" no. 19/2020 - 18 May 2020)

  • 18 mag 2020
    Warning on

    Infinitrade - isa-search.co - Stockmarket Insider / Fixed Rate Bonds - Kensington Bonds Group - Nat International Funds - Debt Solutions / Debt Solutions - Stratis Finance / Stratis Financial - CentDesk / CentDesk Capital Limited - Dekocorp / Promotion Corp Solutions Limited - Richfield Capital / Richfield Capital Limited - Nimble Markets / Nimble Markets Ltd - Allgreen Capital Ltd / Concept4x - Prime Bitcoin Miners - Libra Markets - Jones Mutual / GreenRiver OU - Cryptotraderoptions - Coinshield - Apex Capital Associates - Brookfield Investment Funds Plc - Integral Development Asset Management - Global Wealth Investment - Cfam Fx / Cfan Fx - Atlas FMI - Class Wealth Management - Black Panda Loans / Quick Lends - Chase de Vere - IGPFX - Courtiers Investment Services Limited - Merrion Stockbrokers Ltd - Linton Capital UK - Leeway Financial Services - GFS Renewable Energy - JSGI Global Holding Limited - Hangtung International Wealth - Tim Bluesky Consulting Sl - Gwd Forestry Sl - Bitcoin Storm  - The Market Master - BTC-Billionaire - Bitcoin Billion Club - Royal Banc - Immediate Edge Bot - Smart Trade and Investment Ltd - Smart Trade and Investment Ltd - Affort Projects S.A - Tradeprofitoption - Trademarket247 - Royalfxtrade Ltd - Quicktradeoption - Primexbt Trading Services Ltd / Prime Technologies Ltd - Pro Star Griffith Corporate Limited - Fx Limited - Get Into Forex - https://reto.online - Real Market Broker / Pure M Global Limited - 24Ttrade-explore - Pro Star Griffith Corporate Limited  - AGMarkets / Absolute Global Markets / Lotens Partners LTD - Finanzen Kredit - Terra-Finance Ltd - Karatbars International GmbH, Karatbit Foundation and associated companies - Xoxa Bank - Grupo Start Invest / Josileno Alves Balbino - Iq Option Ltd - Hussar & Co. - Geneva Capital Group - Dash-Trader - Altesso - Pinnacle Capital - Antonio Raphael t/a Blue Sky Investments - Stock Global - Fremont Capital Limited (Ireland) - Private Fund Management / Graceful Numbers Europe Limited - Joseph Oliver – Mediação de Seguros, Lda - Cemg Groupe

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Spain (Comisión Nacional del Mercado de Valores - CNMV), Austria (Financial Market Authority - FMA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), New Zealand (Financial Markets Authority - FMA New Zealand), Quebec (Autorité des Marchés Financiers - AMF - Quebec), Brazil (Comissão de Valores Mobiliários - CVM), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Ontario (Ontario Securities Commission - OSC), Ireland (Central Bank of Ireland – CBI) and Portugal (Comissão do Mercado de Valores Mobiliários – CMVM) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Infinitrade (www.infinitrade.com), with stated address in Sofia (Bulgaria).
    • isa-search.co (www.isa-search.co), with stated address in London;
    • Stockmarket Insider / Fixed Rate Bonds (https://fixed-rate-bonds.co.uk; https://stockmarket-insider.uk, info@stockmarket-insider.co.uk);
    • Kensington Bonds Group (https://kensingtonbondsgroup.co.uk), with stated address in London;
    • Nat International Funds (www.natinternationalfunds.com, www.natinternational-funds.com), clone of the authorised company Natixis International Funds (Dublin) Plc (www.im.natixis.com), based in Dublin;
    • Debt Solutions / Debt Solutions (www.debt-solutions.org.uk);
    • Stratis Finance / Stratis Financial (www.stratisfinancial.site);
    • CentDesk / CentDesk Capital Limited (www.centdesk.com), with stated address in London;
    • Dekocorp / Promotion Corp Solutions Limited (https://dekocorp.com), with stated address in London;
    • Richfield Capital / Richfield Capital Limited (www.richfield-trading.com), with stated address in Belize City;
    • Nimble Markets / Nimble Markets Ltd (www.nimblemarkets.com), with stated address in London;
    • Allgreen Capital Ltd / Concept4x (https://concept4x.com), with stated address in Roseau Valley (Commonwealth of Dominica);
    • Prime Bitcoin Miners (https://primebitcoinminers.com), with stated address in Chandler (Arizona - USA);
    • Libra Markets (https://libramarkets.com), previously reported by the FMA (see "Consob Informa" no. 22/2019);
    • Jones Mutual / GreenRiver OU (https://jonesmutual.com), with stated addresses in Estonia and Ireland;
    • Cryptotraderoptions (https://cryptotraderoptions.com/en/), with stated address in London;
    • Coinshield (www.coinshieldltd.com), with stated address in Newport (UK).
    • Apex Capital Associates (www.apexcapitalassoc.com), with stated address in New York.
    • Brookfield Investment Funds Plc (https://brookfieldinvestmentfundsplc.net/)with stated addresses in Dublin and London, clone of the authorised companies Brookfield Investment Funds (UCITS) Plc, based in Dublin and Brookfield Public Securities Group (UK) Limited, based in London;
    • Integral Development Asset Management (www.integral-am.com), with stated address in London, a clone of the authorised company Integral Development Asset Management, based in Paris;
    • Global Wealth Investment (www.globalwealthinvestment.com), clone of the authorised company Global Wealth Ltd, based in West Glamorgan (UK);
    • Cfam Fx / Cfan Fx (www.cfamfx.com), clone of the authorised company IS Prime Limited, based in London;
    • Atlas FMI (www.atlasfmi.com), clone of the authorised company Atlas Financial Ltd, based in Sheffield (UK);
    • Class Wealth Management (www.classwealth.com), clone of the authorised company Class, based in Flirac (France);
    • Black Panda Loans / Quick Lends (http://blackpandaloans.co.uk), clone of the authorised company RU Media UK Limited, based in Slough (UK);
    • Chase de Vere Independent Financial Advisers Limited (www.chase-devere.com), with stated address in London, a clone of the authorised company Chase de Vere Independent Financial Advisers Limited (www.chasedevere.co.uk), based in London;
    • IGPFX (www.igpfx.com), clone of the authorised company Tor Currency Exchange Limited (email: kam.biring@torfx.com), based in Penzance (UK);
    • Courtiers Investment Services Limited (email: julien.delattre@infoepargne.com), clone of the authorised company Courtiers Investment Services Limited (www.courtiers.co.uk);
    • Merrion Stockbrokers Ltd (www.merrionbrokerage.com, www.merrionbrokers.com, www.themerrionstockbrokers.com, www.themerrion-stockbrokers.com, www.themerrion-stockbrokers.co.uk), with stated addresses in Dublin and London, clone of the authorised company Merrion Stockbrokers Ltd, based in Dublin;
    • Linton Capital UK (www.lintoncapital-uk.com), clone of the authorised companies Linton Capital LLP based in London, M & G Securities Limited (www.mandg.co.uk), based in London, M & G Financial Services Limited (www.mandg.co.uk), based in London, M&G Investment Management Limited (www.mandg.co.uk) based in London;
    • Leeway Financial Services (www.leewayfinancialservices.com, www.leewayfinancialservices.co.uk), with stated address in Stevenage, Hertfordshire (UK), clone of the authorised company Leeway Financial Services Ltd based in Ware, Hertfordshire (UK);
    • GFS Renewable Energy (www.gfsrenewableenergy.com; https://gfsrenewableenergybond.weebly.com) clone of the authorised company GFS Renewable Energy Limited, based in London.

    Reported by the SFC:

    • JSGI Global Holding Limited (www.jsgigholding.com), with stated address in Hong Kong;
    • Hangtung International Wealth (www.htcfhk.com), with stated address in Hong Kong;

    Reported by the CNMV:

    • Tim Bluesky Consulting Sl;
    • Gwd Forestry Sl (www.gwdforestry.com);
    • Bitcoin Storm (https://bitcoin-storm.com/es/);
    • The Market Master (https://es.themarketmaster.live/);
    • BTC-Billionaire (https://es.btc-billionaire.com/);
    • Bitcoin Billion Club (http://bitcoin-billion-club.com/es/)
    • Royal Banc (https://royalbanc.io/es/);
    • Immediate Edge Bot (https://es.immediateedgebot.com/);
    • Smart Trade and Investment Ltd (www.coin2fx.com/es/);
    • Affort Projects S.A (https://247globaltrade.com);
    • Tradeprofitoption (www.tradeprofitoption.com);
    • Trademarket247 (www.trademarket247.com);
    • Royalfxtrade Ltd (https://royalfxtrade.com);
    • Quicktradeoption (www.quicktradeoption.com);
    • Primexbt Trading Services Ltd / Prime Technologies Ltd (https://primexbt.com/es/);
    • Pro Star Griffith Corporate Limited (https://news-traders.com/);
    • Fx Limited (www.mciinvestments.com/es/);
    • Get Into Forex (http://fxmanagedaccounts.com);
    • https://reto.online;
    • Real Market Broker / Pure M Global Limited (https://realmarketbroker.com);
    • 24Ttrade-explore (www.24trade-explore.com);
    • Pro Star Griffith Corporate Limited (https://news-traders.com).

    Reported by the FMA (Austria):

    • AGMarkets / Absolute Global Markets / Lotens Partners LTD (https://agmarkets.io);
    • Finanzen Kredit (www. finanzen-kredit.at).

    Reported by the CSSF:

    • Terra-Finance Ltd , with stated address in Luxembourg; The company was the subject of Consob resolution no. 21290 of 4 March 2020 and, subsequently, Consob ordered internet service providers to block access to the site from Italy (see . "Consob Informa" no. 9/2020).

    Reported by the FMA (New Zealand):

    • Karatbars International GmbH, Karatbit Foundation and associated companies (https://www.karatbars.com).

    Reported by the AMF (Quebec):

    • Xoxa Bank (https://xoxa-ca.com).

    Reported by CVM:

    • Grupo Start Invest / Josileno Alves Balbino (https://grupo-start-invest.negocio.site);
    • Iq Option Ltd (www.iqoption.com).

    Reported by FINMA:

    • Hussar & Co. (https://hussarco.com);
    • Geneva Capital Group (https://www.genevacapitalgroup.com);
    • Dash-Trader (www.dash-trader.com), with stated address in Zurich.
    • Altesso (www.altesso.com), with stated address in Geneva.

    Reported by OSC:

    • Pinnacle Capital (www.pinnacle.capital), with stated address in Hong Kong;

    Reported by the CBI:

    • Antonio Raphael t/a Blue Sky Investments;
    • Stock Global (www.stockglobal.com), with stated address in the Marshall Islands; Previously reported by the FSMA (see "Consob Informa no. 38/2019);
    • Fremont Capital Limited (Ireland) (www.capfremont.com).

    Reported by the CMVM:

    • Private Fund Management / Graceful Numbers Europe Limited, (https://www.privatefund.management/);
    • Joseph Oliver – Mediação de Seguros, Lda (https://www.josepholivermsl.com);
    • Cemg Groupe (https://cemg-groupe.com), not to be confused with the authorised intermediary Caixa Económica Montepio Geral, Caixa Económica Bancária, S.A.

    (Published in "Consob Informa" no. 19/2020 of  18 May 2020)

  • 11 mag 2020
    Consob warning on

    Cnbsfin Ltd - "BitFxMarkets" - StsRoyal Ltd e Capital Letter Gmbh - Game Capital Ads - One Thousand One Ltd 

    Consob has ordered the black-out of 5 new 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:

    • Cnbsfin Ltd (website www.cnbsfin.com);
    • "BitFxMarkets" (website www.bitfxmarkets.com);
    • StsRoyal Ltd and Capital Letter Gmbh (website www.stsroyal.com);
    • Game Capital Ads (website www.24proinvestors.com);
    • One Thousand One Ltd (website www.daxcfd.com).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 199. The measures adopted by Consob can be consulted on the website www.consob.it. The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that there is a section on the homepage of its website entitled "Be aware of fraud!" which provides useful information to warn investors against financially abusive initiatives.

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

    (Published in "Consob Informa" no. 18/2020 - 11 May 2020)

  • 11 mag 2020
    Warning on

    Platinum Forex Signals - Quantom Capital / Protiviti International Limited - Wyelands Bank - BOIB Finance Investment Management - London Fixed Bonds - Cryptozone24 - Pierre Lafont Brokerage - Ledbury Plc - Savone Pierre Brokerage - SLBE BVBA - Alpstone Capital Services Limited - South West Capital Partners LLP - One Crypto Trade - Universal Leasing Limited - Deutsche Bank UK / DB UK - Finanzen Kredit - Marketsx.fr - American Vertex Trading Corporation Ltd - Capital Markets - Hangtung International Wealth - https://scksecurities.com - https://web.winnabao.com - www.hwsecurities.io - https://ofchk.com/index-en.htm - www.fujihk.net - www.yuexiuny.com 

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Austria (Financial Market Authority - FMA), Belgium (Financial Services and Markets Authority - FSMA), Ireland (Central Bank of Ireland - CBI) and Hong Kong (Securities and Futures Commission - SFC) report companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Platinum Forex Signals (www.platinumforexsignals.com);
    • Quantom Capital / Protiviti International Limited (www.quantomcapital.com), with stated address in London;
    • Wyelands Bank (https://wyelands.online; http://wyelands.eonlnbn.com), clone of the authorised company Wyelands Bank Plc (www.wyelandsbank.co.uk), based in London;
    • BOIB Finance Investment Management (www.boib-finance.com), with stated address in London, a clone of the authorised company Bank of Ireland Business Finance Limited;
    • London Fixed Bonds (www.londonfixedbonds.com), with stated address in London.
    • Cryptozone24 (https://web.cryptozone24.com), with stated address in London, a clone of the authorised company Crypto Facilities Ltd (www.cryptofacilities.com), based in London. The website, used in Italy by a subject called FAH Investment LTD, was the subject of Consob Resolution no. 21246 of 28.01.2020 and subsequently Consob ordered internet service providers to block access to the site from Italy;
    • Pierre Lafont Brokerage (www.pierrelafontbrokerage.com, www.lafont-brokerage.com), with stated address in London, a clone of the authorised company Pierre Lafont, based in Perpignan (France);
    • Ledbury Plc (https://ledburyplc.com) with stated addresses in London, New York and Zelzate (Belgium), a clone of the authorised company Ledbury SICAV Plc (www.arlington-cap.com/home), based in Malta;
    • Savone Pierre Brokerage (www.savonepierrebrokerage.com), with stated address in London, a clone of the authorised company Savone Pierre, based in Brussels (Belgium);
    • SLBE BVBA (www.slbe-bvba.com), with stated address in London, a clone of the authorised company Solvas Life BVBA;
    • Alpstone Capital Services Limited (www.alpstonecapital.co.uk, www.alpstone-capital.co.uk), clone of the authorised company Alpstone Capital Services Limited (email melanie.owen@alpstonecapital.com);
    • South West Capital Partners LLP (https://www.southwestcapitalpartners.co.uk/index.html), clone of the authorised company of the same name, South West Capital Partners LLP;
    • One Crypto Trade (www.onecryptotrade.com), clone of the authorised company First Equity Limited (www.firstequitylimited.com), based in London;
    • Universal Leasing Limited (www.universal-leasingltd.co.uk), clone of the authorised company Universal Leasing Limited (www.ullgroup.com, www.admiral-leasing.co.uk), based in Manchester;
    • Deutsche Bank UK / DB UK (email ccollett@dbukinvestorrelations.com), clone of the authorised company Deutsche Bank AG (www.db.com), based in London.

    Reported by the FMA (Austria):

    • Finanzen Kredit (www.finanzen-kredit.at).

    Reported by the FSMA:

    • Marketsx.fr, a clone of the authorised company Safecap Investment Ltd, based in Cyprus. The Belgian supervisory authority also warns savers that the company was using the website www.marketsx.co.uk (currently inactive) and bank accounts opened in Portugal, Greece, Bulgaria.

    Reported by the BCI:

    The Irish supervisory authority alerts savers to the risks associated with buying or investing in virtual currencies or cryptocurrencies. These are unregulated digital currency that can also be used as forms of payment. However, the authority explains that they are not legal tender and are not guaranteed by the Central Bank of Ireland or any central bank in the European Union.

    Reported by the SFC:

    • American Vertex Trading Corporation Ltd (www.american-vertex.com), with stated address in Hong Kong;
    • Capital Markets (www.capital-markets.com), with stated addresses in New York and Hong Kong;
    • Hangtung International Wealth (www.htcfhk.com);
    • https://scksecurities.com, with stated address in Hong Kong, a clone of the company authorised by the SFC, SCK Securities Limited;
    • https://web.winnabao.com, clone of the company authorised by the SFC, Saxo Capital Markets HK Limited;
    • www.hwsecurities.io, clone of the company authorised by the SFC, Hing Wong Securities Ltd;
    • https://ofchk.com/index-en.htm;
    • www.fujihk.net;
    • www.yuexiuny.com.

    (Published in "Consob Informa" no. 18/2020 of  11 May 2020)

  • 04 mag 2020
    Consob warning on

    Sigma Consulting Limited e Solt Corp. Ltd (www.firstcapital.fm) - Itistocks Brokers (https://itistocksbrokers.com) - Gam Group Ltd (www.marketsfx.org) - Elit Property Vision Ltd (https://global-banco.com) - Platin-fx Ltd (www.platin-fx.com)

    Consob has ordered the black-out of 5 new 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:

    • Sigma Consulting Limited and Solt Corp. Ltd (website www.firstcapital.fm);
    • Itistocks Brokers (website https://itistocksbrokers.com);
    • Gam Group Ltd (website www.marketsfx.org);
    • Elit Property Vision Ltd (website https://global-banco.com);
    • Platin-fx Ltd (website www.platin-fx.com).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 194.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that there is a section on the homepage of its website entitled "Be aware of fraud!" which provides useful information to warn investors against financially abusive initiatives.

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

    (Published in "Consob Informa" no. 17/2020 - 4 May 2020)

  • 04 mag 2020
    Warning on

    Qualion Finance - Hsbc Invest Direct / Hsbc InvestDirect - GoldenCfd Broker Firma - Prbs Gestion Group Llc - Crestview Exploration Inc. - Access Finance Limited 

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Poland (Polish Financial Supervision Authority – KNF), Quebec (Autorité des Marchés Financiers – AMF) and New Zealand (Financial Markets Authority - New Zealand - FMA) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Qualion Finance (www.qualion.co.uk, www.qfprivate.com), with stated addresses in Zurich and New York, a clone of the authorised company Qualion Finance (www.qualion.eu), based in Luxembourg, previously reported by the CSSF (see "Consob Informa" no. 8/2020);
    • Hsbc Invest Direct / Hsbc InvestDirect (e-mail: InvestDirect@europe.com, davidbrown@investdirectuk.com), clone of the authorised company HSBC Private Bank (Uk) Limited (www.hsbcprivatebank.com), based in London.

    Reported by the CSSF:

    • GoldenCfd Broker Firma, with stated address in Luxembourg;

    Reported by the KNF:

    • Prbs Gestion Group Llc, with stated address in St. Vincent and the Grenadines.

    Reported by AMF- Quebec:

    • Crestview Exploration Inc. The Quebec supervisory authority warns savers of missives containing references to this company and the possible increase in its share profits due to the recession caused by the effects of the Coronavirus.

    Reported by the FMA - New Zealand:

    • Access Finance Limited (www.accessfinancenz.com).

    (Published in "Consob Informa" no. 17/2020 of  4 May 2020)

  • 27 apr 2020
    Consob warning on

    Finance Activity Group (www.capo-invest.com) - FXTrading Corp (https://fxtradingcorp.trade) - Tradefxzone Ltd e SolutionsCM Ltd (https://tradefxzone.com) - ForTradersFx Ltd (www.fortraders-fx.com) - OGAM Ltd (www.ogamfx.com)

    Consob has ordered the black-out of 5 new 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:

    • Finance Activity Group (websitewww.capo-invest.com);
    • FXTrading Corp (websitehttps://fxtradingcorp.trade);
    • Tradefxzone Ltd and SolutionsCM Ltd (website https://tradefxzone.com);
    • ForTradersFx Ltd (websitewww.fortraders-fx.com);
    • OGAM Ltd (website www.ogamfx.com).

    The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 189.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

    (Published in "Consob Informa" no. 16/2020 - 27 April 2020)

  • 27 apr 2020
    Warning on

    FrankfurtFx - Diamond Club - Fortune Trade Fx - GeminiCpl - Numis Portal - Best Rate ISAs - Smith, Barnes & Wood - Claims Assistance Uk - Harpersfield Capital Partners - Lv Grow Market - Global Capital Holdings - Finix Capital - Cryptomarket - Brokers Community - Market Effect - Bonds Finder - Ash Trades - Nationalbondcompare.com - Premium Systems / Trendingraphs - Coin2Fx - Spark Global Ltd - My Safe Market / Mysafemarket - Theisaexpert.co.uk / The ISA Expert - Mcm Fx - Tesco Plc Trade - UK Electronic - Littermanfx / Litterman Fx - MarketCapital - British Bonds - StockSons - Fraktal Trader sp. z o.o. sp.k - Fraktal Trader sp. z o.o. International sp. k. - Fraktal Trader S.C. - Fraktal Trader Llc - FT Szkolenia S.C. - World Trade Consulting - Brokermasters - Deutsche Crypton - https://swissmarketindex.com - Capital Grow Group - BlackLight SA - BinaryFx Pro - IbanFx Limited - Crypto Foxtrades - Coinmalex - MarketsFx - Unlicensed Exchange - Eternity Finance - American Vertex Trading Corporation Ltd - Capital Markets - https://scksecurities.com - https://web.winnabao.com - Astor Capital Fund Limited - Halifax & Associates - Bcg Invest - Fcoex - Rofx - MetaProTrader - JT Trader Financial Services Ltd - MetalsWise - Horse Forex - Whitley Trading Group - Ward Henderson Management - Radford Taylor Partners

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Poland (Polish Financial Supervision Authority - KNF), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Malta (Malta Financial Services Authority - MFSA), Hong Kong (Securities and Futures Commission - SFC), BritishColumbia(British Columbia Securities Commission – BCSC), New Zealand (Financial Markets Authority – New Zealand – FMA) and Taiwan (Financial Supervisory Commission, Chinese Taipei - TWSA) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • FrankfurtFx - Diamond Club (https://frankfurtfx.de), with stated address in Frankfurt, clone of the authorised company Leucadia Investment Management Limited (www.jefferies.com) based in London;
    • Fortune Trade Fx (www.fortunetradefx.com), clone of the authorised company Tradeslide Trading Tech Limited based in London;
    • GeminiCpl (www.gemini-cpl.com), with stated address in London, clone of the authorised company Gemini Capital LLP (www.geminicapital.london) based in London;
    • Numis Portal (www.numisportal.com), clone of the authorised company Numis Securities Limited (www.numiscorp.com) based in London;
    • Best Rate ISAs (http://Best-Rate_ISAs.com);
    • Smith, Barnes & Wood (www.smithbarnesandwood.com), with stated address in New York;
    • Claims Assistance Uk (e-mail: cconsultants@yandex.com);
    • Harpersfield Capital Partners (www.harpersfieldcapitalpartners.com), with stated address in New York;
    • Lv Grow Market (https://lvgrowmarkets.com), with stated address inn Vanuatu;
    • Global Capital Holdings (https://globalcapitalholdings.com);
    • Finix Capital (www.finixcapital.com), with stated address in Tallinn, Estonia;
    • Cryptomarket (www.cryptopmarket.com), with stated addresses in Moscow and Troitsk;
    • Brokers Community - Market Effect (email:m.williams@brokerscommunity.co.uk; j.collins@marketeffects.co; j.bolton@marketeffects.co; k.anderson@marketeffects.co; j.jordan@marketeffects.co; h.jones@marketeffects.co);
    • Bonds Finder (https://bonds-finder.com);
    • Ash Trades (Instagram@ash.trades);
    • Nationalbondcompare.com (www.nationalbondcompare.com);
    • Premium Systems / Trendingraphs (www.trendingraphs.com), with stated address in Majuro (Marshall Islands);
    • Coin2Fx (www.coin2fx.com),with stated address in London;
    • Spark Global Ltd (www.sglfd.com), with stated address in Sheung Wan (Hong Kong), previously reported by the SFC (see “Consob Informa” no. 14/2020 of 14 April 2020);
    • My Safe Market / Mysafemarket (mysafemarket.com), with stated address in Majuro, Marshall Islands, previously reported by FMSA (see “Consob Informa” no. 7/2020 of 24 February 2020);
    • Theisaexpert.co.uk / The ISA Expert;
    • Mcm Fx (www.mcmfx.co.uk), (Twitter: mcmfx_ltd ), (Skype: gatshenizb);
    • Tesco Plc Trade (www.tescoplctrade.com), with stated address in London;
    • UK Electronic (Instagram Account: @Ukelectronic);
    • Littermanfx / Litterman Fx (https://littermanfx.com), with stated address in Borehamwood (UK);
    • MarketCapital (www.marketcapital.co), with stated address in Kingstown, St. Vincent and the Grenadines, previously reported by the FSMA (see “Consob Informa” no. 38/2019 of 4 November 2019);
    • British Bonds (www.british-bonds.co.uk), with stated address in London.

    Reported by the CSSF:

    • StockSons www.stocksons.com.

    Reported by the KNF:

    • Fraktal Trader sp. z o.o. sp.k;
    • Fraktal Trader sp. z o.o. International sp. k.;
    • Fraktal Trader S.C.;
    • Fraktal Trader Llc;
    • FT Szkolenia S.C..

    Reported by FINMA:

    • World Trade Consulting (www.wtc-zürich.com), with stated address in Zurich;
    • Brokermasters (www.brokermasters.com), with stated address in Bern;
    • Deutsche Crypton;
    • https://swissmarketindex.com;
    • Capital Grow Group (www.capitalgrowgroup.com), with stated address in Zurich;
    • BlackLight SA, with stated address in Cointrin (Switzerland);

    Reported by the MFSA:

    • BinaryFx Pro (https://binaryfxpro.com, http://binaryfxtradepro.co), with stated address in Malta;
    • IbanFx Limited (www.ibanfx.com);
    • Crypto Foxtrades (www.cryptofoxtrades.com);
    • Coinmalex (https://coinmalex.com);
    • MarketsFx - Unlicensed Exchange (https://marketsfx.it, https://marketsfx.com);
    • Eternity Finance (https://eternityfinance.io);

    Reported by the SFC:

    • American Vertex Trading Corporation Ltd (www.american-vertex.com);
    • Capital Markets (www.capital-markets.com), with stated addresses in New York and Hong Kong;
    • https://scksecurities.com, with stated address in Hong Kong, clone of the authorised company SCK Securities Limited;
    • https://web.winnabao.com, clone of the authorised company Saxo Capital Markets HK Limited.

    Reported by the BCSC:

    • Astor Capital Fund Limited (www.astorcapitalfund.com);
    • Halifax & Associates (www.halifaxandassociates.com), with stated address in Denmark;
    • BCG Invest (www.bcginvest.com), with stated address in Vancouver;
    • Fcoex (www.fcoex.co);
    • Rofx (www.rofx.ne);
    • MetaProTrader (www.metaprotrader.com);
    • JT Trader Financial Services Ltd (www.jttrader.com), with stated addresses in New York and Toronto.

    Reported by the FMA (New Zealand):

    • MetalsWise (https://metalswise.com), with stated address in London;
    • Horse Forex (www.aus.top, www.horsegroup.top), clone of the authorised company Horse Group Limited;
    • Whitley Trading Group (https://www.whitleytrading.com).

    Reported by the TWSA:

    • Ward Henderson Management;
    • Radford Taylor Partners.

    (Published in "Consob Informa" no. 16/2020 of 27 April 2020)

  • 20 apr 2020
    Warning on

    Investment Supermarket / Eclipse Marketing Limited - Investor Supermarket - Credit Finance / Credit Finance Ltd - Customerserviceloanshelpline@gmail.com; Loanlenderskltd@googlegroups.com; u.kloanteam85@gmail.com; sendpaymentproof@gmail.com; customerservicesukloansteam@gmail.com; thecustomerservieloanhelpline@gmail.com; loanfile78@gmail.com; headofficeloandepartment@gmail.com - FX Goat / @_samfx_ - Digital Exchange Limited/ Securex Plus Solutions Eood - Essential / Essential Portfolio Selection - DecaCare d.o.o.

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Belgium (Financial Services and Markets Authority - FSMA), Austria (Financial Market Authority - FMA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF)and Slovenia (Slovene Securities Market Agency - ATVP) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Investment Supermarket/Eclipse Marketing Limited (https://theinvestmentsupermarket.com/faq), with stated address in London;
    • Investor Supermarket (www.investorsupermarket.co.uk);
    • Credit Finance/Credit Finance Ltd
    • (e-mail: Customerserviceloanshelpline@gmail.com; Loanlenderskltd@googlegroups.com; u.kloanteam85@gmail.com; sendpaymentproof@gmail.com; customerservicesukloansteam@gmail.com; thecustomerservieloanhelpline@gmail.com; loanfile78@gmail.com; headofficeloandepartment@gmail.com), with offices in London and Manchester;
    • FX Goat/@_samfx _ (Instagram accountFX Goat - @_samfx_ https://www.instagram.com/_samfx_/?hl=en).

    Reported by the FSMA:

    • The Belgian supervisory authority warns that some individuals address investors through social media posts and articles in the press, transmitting false “statements” by and/or “interviews” with public figures praising certain financial investments. These posts and articles also circulate through sponsored advertising. The purpose of this practice is to make investment offers credible by using the images of well-known personalities in the business, sports or media sectors without their knowledge. Moreover, it appears that these companies are linked to entities that have been previously reported by the FSMA as not authorised to provide investment services.
    • The Belgian supervisory authority also warns investors against scams carried out by exploiting the current situation of economic uncertainty due to the spread of Covid-19. Such scams are carried out using means of communication such as the telephone or e-mail, and in general through the internet. In particular, high return investments in “safe” assets are proposed by unauthorised entities as an alternative to traditional forms of investment, sometimes using “phishing”. There have been also been reports of similar methods offering protective masks and making fraudulent proposals to raise funds for victims and for research into the discovery of a vaccine.

    Reported by the FMA:

    • Digital Exchange Limited/Securex Plus Solutions Eood (www.united-lb.com), with stated address in Sofia (Bulgaria). This website had previously been reported by the FMA with reference to the company named United LondonBrokers (www.united-lb.com), based in London (see “Consob Informa” no. 12/2020).

    Reported by the CSSF:

    • Essential/Essential Portfolio Selection (ww.eps-gestion.com), whose website had previously been reported by the CSSF (see “Consob Informa” no. 14/2020).

    Reported by the ATVP:

    • The Slovenian supervisory authority warns investors against buying securities issued by the DecaCare d.o.o. company, some of whose securities are not subject to prospectus requirements and characterised by high risk.

    (in "Consob Informa" no. 15/2020 - 20 April 2020)

  • 14 apr 2020
    Consob warning on

    Premium Solutions Ltd - Level Up Capital Ltd - DevTech Holding - Direct Coin Limited

    Consob ordered the blackout of 4 new websites who are illegally offering financial services.

    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:

    • Premium Solutions Ltd (website https://the-premium-brokers.com);
    • Level Up Capital Ltd (website www.trade100fm.com);
    • DevTech Holding (website www.fincogb.com);
    • Direct Coin Limited (website https://capitalcoinx.com).

    The number of sites blacked out since July last, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 184.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors’ attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    To this end, Consob would remind you that there is a section on the homepage of its website entitled "Be aware of fraud!" which provides useful information to warn investors against financially abusive initiatives.

    * * *

    Order, pursuant to art. 7-octies, letter b) of Italian Legislative Decree no. 58 of February 24, 1998 (Consolidated Law on Finance) to cease infringement of art. 18 of the TUF, put in place by:

    • Premium Solutions Ltd through the website https://the-premium-brokers.com (Resolution no. 21321 of 7 April 2020COVID 19 - Measures
    • Reductionof the initial percentage thresholds for notification pursuant to article 120(2-bis) of Legislative Decree No 58 of 1998 for shareholdings in the capital of listed companies, with Italy as the home Member State with a particularly broad-based share ownership structure (Resolution no. 21326 of 9 April 2020).
    • Reduction in the initial percentage threshold for notification pursuant to article 120, paragraph 4-bis, of Legislative Decree No. 58 of 1998 for declarations of objectives on the occasion of the acquisition of a stake in a listed issuer with Italy as home Member State and with a particularly broad-based share ownership structure (Resolution no. 21327 of 9 April 2020).
    • A warning notice for members of administrative and control bodies and the responsible managers of the need to observe the principles that govern the process of producing financial information (Warning Notice No 6/20 of 9 April 2020).
    • Communication on the conduct of shareholders' meetings of companies with listed shares (Communication no. 3/2020 of 10 April 2020).

    (Published in "Consob Informa" no. 14/2020 - 14 April 2020)

  • 14 apr 2020
    Warning on

    Compare ISAs - www.compare-fixed-isa-rates-today.co.uk - Luxstar Group - Luxstar Asset Management - Lp Wealth Management / Leonia Private Wealth Management - Flairfinance Asset Management - Ignis Markets - Rsif International - Reiner Jahn - Go Compare Investments - Cig Fund Management - Financial Loan Service - Paddington Wealth - China Beijing Global Trading - Cream Ppi - Funds Recovery (Overseas Recovery Room) - Oralad Management - CTindexforex - Gladstone Capital Management - Sandberg Financials Llc - Secured Investment - National Investor Guide - Best Fixed Rates / BestFixedRates - Carter-Banks - Smith & Williamson Holdings - Fourpoints Invest S.A. - Ak Wealth Spf - www.eps-gestion.com - www.bourse-electricite.com - www.qfprivate.com - BTC-trading24 - Elite Trading - Fx Prime - GrandCapital - KingstonTrading - TitanPro500 - UniversalMarkets - www.financial-liquidity.com - Bitcoin-Evolution / Bitcoin-Revolution - Wij zijn de oplossing - We zijn verenigd - Trust Online Credit Bvba - Salem Lening - Rossen Financiën - Fast Loan International - Bci Financial - Access Centrale Bank - www.xsystemtrader.com/es - Visoptiontrade - Topinvestus - www.systres.site - Marketrobo Ltd - Daxioma / Clever Technologies Ltd - Bit Trade247 - Fx24 Crypto Expert Options / Industry Rd - United Btc Bank - Bs Finance Limited - Bin Trades Limited - Clever Technologies Ltd - Traderxp - Richmondfx / Elit Property Vision Ltd - Box Investing / Software And Media Ltd - Royaltd24 - Tradesrun / Pro Star Griffith Corporate Centre - Prime Markets / Pro Star Griffith Corporate Centre - Cfdiz / PRO Star Griffith Corporate Centre - Bgold Capital /Pro Star Griffith Corporate Centre - Im Mastery Academy - Meg Trans Ltd / Raxtrade - Green Millions - Qcapitalforex - Commercial Maximum - F.Z.E / Maximus Trade - Pro Phet Trade / Pro Btc Trade - Capcorp Ltd / Fxcryptoclub - Million Money - www.yszzexpokch.duckdns.org / www.yszzexpokch.duckdns.org / gvc-gaesco-comerciante-en-lnnea-de-cfd89.php - Wdc Markets / Ftg Solutions Ltd - Hermes Ventures Limited / Gorisemarkets / Grm - Markets Fx - Bitfreezy Financials Llc - 10crypto - Alliance Scpi & Park - Mcc Group, Mcc Capital Gmbh, Mc Capital Gmbh, Mcc Oil and Gas, Mcc Holding - Schönbächler (Sch) Investments Sàrl - Weiss Private Bank - Bank Swiss - Kaze Blockchain Solutions - Swiss General Credit Llc - Bicore Mining - Eso Mm Llc - Spark Global Limited - ofchk.com/index-en.htm - Hongkong Rarlon futures Co., Limited - www.icoinlimited.co.nz - www.nex.cool - Speed Solutions Ltd /Arotrade - Tung Shun Securities Limited and AB Research Partners Inc. - www.worldclear.cloudtree.co - Profit Bitcoin - Exm Solution - JT Trader - www(dot)financialpartners-ltd(dot)com - siti internet che propongono senza autorizzazione investimenti in prodotti derivati e criptovalute (Autorité des Marchés Financiers - Autorité de Contrôle Prudentiel et de Résolution)

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Belgium (Financial Services and Markets Authority - FSMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Portugal (Comissão do Mercado de Valores Mobiliários – CMVM), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), New Zealand (Financial Markets Authority – New Zealand - FMA), Sweden (Finansinspektionen), Liechtenstein (Financial Market Authority-Liechtenstein- FMA-Liechtenstein) and France (Authorité des Marchés Financiers – AMF) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Compare ISAs (compa-isas.co.uk);
    • www.compare-fixed-isa-rates-today.co.uk;
    • Luxstar Group (www.luxstargroup.com), clone of the authorised company Luxstar SA, previously reported by the CSSF (see "Consob Informa" no. 8/2020);
    • Luxstar Asset Management (www.luxstaram.com, www.luxstaram-clients.com), with stated addresses in Luxembourg and London, clone of the authorised company Luxstar SA based in Luxembourg, previously reported by the CSSF (see "Consob Informa" no. 5/2020);
    • Lp Wealth Management / Leonia Private Wealth Management (www.lpwmanagement.com), with stated address in London, clone of the authorised company Leonia Corporate Bank Plc, based in Finland;
    • Flairfinance Asset Management (www.flairfinance.com, www.financeforte.com) with stated address in Leicester (UK), a clone of the authorised company Flair Finance Limited (www.flairfinance.co.uk);
    • Ignis Markets (www.ignis-markets.co.uk, www.ignismarkets.org), a clone of the authorised company Ignis Investment Services Limited (www.aberdeenstandard.com);
    • Rsif International (www.rsif-int.com), a clone of the authorised company RSIF International, based in Dublin;
    • Reiner Jahn (www.reinerjahn.de), with stated address in London, a clone of the authorised company Reiner Jahn, based in Kerken (Germany);
    • Go Compare Investments (www.gocompareinvestments.co.uk) with stated address in London, a clone of the authorised company Gocompare.com Limited (www.gocompare.com);
    • Cig Fund Management (www.cigfm.com), with stated address in London, a clone of the authorised company CIG Fund Management Company Limited based in Dublin;
    • Financial Loan Service (www.financial-loan-service.com), with stated address in Manchester;
    • Paddington Wealth (www.paddingtonwealth.com), with stated address in Zurich;
    • China Beijing Global Trading (www.cbgtrading.cn.com), with stated address in Beijing 100140, China;
    • Cream Ppi (e-mail: cream.ppi@yandex.com), clone of the authorised company Cream PPI Limited;
    • Funds Recovery (Overseas Recovery Room)(www.funds-recovery.com);
    • Oralad Management (www.oralad-management.com), with stated address in London, a clone of the authorised company Oralad Management AB based in Stockholm;
    • CTindexforex (https://ctindexforex.com), with stated address in Suffolk (UK), a clone of the authorised company Gain Capital UK Limited (www.cityindex.com, www.forex.com/uk) based in London;
    • Gladstone Capital Management (www.gladstonecapital-mgmt.com), a clone of the London-based authorised Gladstone Capital Management LLP company;
    • Sandberg Financials Llc (www.sandbergfinancial.com) ,with stated address in Singapore;
    • Secured Investment (www.secured-investment.co.uk), with stated address in London;
    • National Investor Guide (www.nationalinvestorguide.com);
    • Best Fixed Rates / BestFixedRates (www.best-fixed-rates.com);
    • Carter-Banks (www.carter-banks.co.uk);
    • Smith & Williamson Holdings (info@smithandwilliamsonltd.co.uk), clone of the authorised company Smith&Williamson Holdings Limited (www.smithandwilliamson.com) based in London.

    Reported by the CSSF:

    • Fourpoints Invest S.A. (www.fourpoints-invest.com);
    • Ak Wealth Spf (www.akwealth-spf.com);
    • www.eps-gestion.com;
    • www.bourse-electricite.com;
    • www.qfprivate.com.

    Reported by the FSMA:

    • BTC-trading24 (www.btc-trading24.com);
    • Elite Trading (www.elitetrading.co);
    • Fx Prime (www.fxprime.io);
    • Grand Capital (www.grandcapital.net);
    • Kingston Trading (www.kingstontrading.com);
    • Titan Pro 500 (www.titanpro500.com);
    • Universal Markets (www.umarkets.com, www.umarketspro.com);
    • www.financial-liquidity.com, clone of the authorised firm Liquidity Finance LLP;
    • Bitcoin-Evolution / Bitcoin-Revolution companies that are related to the following non-authorised entities in relation to which the FSMA has already issued notices to savers:
    • Cfreserve;
    • Global-Markets;
    • MasonFor;
    • FlixGm;
    • CryptoSfs;
    • MgcLogic;
    • Vipwayzone;
    • Key-Markets;
    • Hope-Area;
    • Investingcapital;
    • Wij zijn de oplossing (www.wij-zijn-de-oplossing.com);
    • We zijn verenigd (www.wezijnverenigd.com);
    • Trust Online Credit Bvba (www.trustonlinecreditbvba.com), clone of the authorised company Swift Money Limited;
    • Salem Lening (www.salem-lening.com);
    • Rossen Financiën (www.rossen-financien.com), with stated address in Frankfurt;
    • Fast Loan International (www.fastloaninternational.com) with stated address in Belgium;
    • Bci Financial (www.bcifinancial.com) with stated address in Cheshire (UK);
    • Access Central Bank (www.access-centrale.com) with stated address in Paris.

    Reported by the CNMV:

    • www.xsystemtrader.com/es;
    • Visoptiontrade (www.vistradingoption.com);
    • Topinvestus (www.topinvestus.co/es);
    • www.systres.site;
    • Marketrobo Ltd (www.market.net);
    • Daxioma / Clever Technologies Ltd (www.daxioma.com/es);
    • Bit Trade247 (www.cryptotrades247.com);
    • Fx24 Crypto Expert Options / Industry Rd (www.24cryptoexpertoptions.com);
    • United Btc Bank (www.unitedbtcbank.com/es);
    • Bs Finance Limited (www.bsfinance.biz);
    • Bin Trades Limited (www.binarytrade360.com);
    • Clever Technologies Ltd (www.daxbase.com/es);
    • Traderxp (www.traderexperience.com/es);
    • Richmondfx / Elit Property Vision Ltd (www.richmondfx.com);
    • Box Investing / Software And Media Ltd (www.boxinvesting.com);
    • Royaltd24 (www.royaltd24.net);
    • Tradesrun / Pro Star Griffith Corporate Centre (www.tradesrun.com/es);
    • Prime Markets / Pro Star Griffith Corporate Centre (www.prime-market.com/es);
    • Cfdiz / PRO Star Griffith Corporate Centre (www.cfdiz.com/es);
    • Bgold Capital /Pro Star Griffith Corporate Centre (www.bgoldcapital.com/es);
    • Im Mastery Academy (www.im.academy);
    • Meg Trans Ltd / Raxtrade (www.raxtrade.com/app/trade);
    • Green Millions (www.es.greenmillions.live);
    • Qcapitalforex (www.qcapitalforex.com);
    • Commercial Maximum – F.Z.E / Maximus Trade (www.mxmtrade.com);
    • Pro Phet Trade / Pro Btc Trade (www.es.probtctrade.com);
    • Capcorp Ltd / Fxcryptoclub (www.fxcryptoclub.cc);
    • Million Money (www.million.money/es);
    • www.yszzexpokch.duckdns.org / www.yszzexpokch.duckdns.org / gvc-gaesco-comerciante-en-lnnea-de-cfd89.php, clone sites of the authorised company Gvc Gaesco Valores S.V., S.A.;
    • Wdc Markets / Ftg Solutions Ltd (www.wdcmarkets.com);
    • Hermes Ventures Limited / Gorisemarkets / Grm (www.gorisemarkets.com);
    • Markets Fx (www.marketsfx.com);
    • Bitfreezy Financials Llc (www.bitfreezy.com);
    • 10crypto (www.10crypto.io/es/).

    Reported by the CMVM:

    • Alliance Scpi & Park (https://alliancescpi.com) clone of the authorised intermediaries Banco Santander Totta, S.A and Banco Santander de Negócios Portugal, S.A.

    Reported by FINMA:

    • Mcc Group, Mcc Capital Gmbh, Mc Capital Gmbh, Mcc Oil and Gas, Mcc Holding (www.mcc-capitalgroup.com; www.mccoilgas.com; www.mcc-holding.com), with stated address in Geneva;
    • Schönbächler (Sch) Investments Sàrl (www.seifert-investments.com), with stated address in Zurich.
    • Weiss Private Bank (www.weissprivate.com), with stated address in Basel;
    • Bank Swiss (www.bankswiss.ru), with stated address in Zurich;
    • Kaze Blockchain Solutions (www.kaze.solutions), with stated address in Zug (Switzerland);
    • Swiss General Credit Llc (www.swiss-general-credit.com), with stated address in Geneva;
    • Mining Glass(www.bicoremining.com).

    Reported by the SFC:

    • Eso Mm Llc (www.esomfx.com), with stated address in American Samoa;
    • Spark Global Limited (www.sglfd.com), with stated address in Hong Kong;
    • ofchk.com/index-en.htm;
    • Hongkong Rarlon futures Co., Limited (www.down.sxpdcy.com), with stated address in Hong Kong.

    Reported by FMA New Zealand:

    • www.icoinlimited.co.nz, clone site of iCoin Limited, a company authorised by the FMA;
    • www.nex.cool, website through which it is improperly declared to have an authorisation to operate issued by the FMA;
    • Speed Solutions Ltd /Arotrade (www.arotrade.net), with registered office in Belize;
    • Tung Shun Securities Limited and AB Research Partners Inc. (www.ts-securities.com, www.abrp-inc.com), with stated addresses in Hong Kong and Toronto;
    • www.worldclear.cloudtree.co;
    • Profit Bitcoin (https://theprofitbtc.com/). The New Zealand supervisory authority warns savers that the above mentioned company spreads false news about government initiatives on social networking apps and illegally uses the image of the New Zealand Prime Minister.

    Reported by Finansinspektionen:

    • Exm Solution (www.exmsolution.com), with stated addresses in London, in the Commonwealth of Dominica and in Limassol (Cyprus);
    • J.T Trader (www.jttrader.com), with stated addresses in New York and Toronto

    Reported by the FMA-Liechtenstein:

    • www(dot)financialpartners-ltd(dot)com, clone of the authorised company Financial Partners Fp Ltd.

    Reported by the AMF and the ACPR:

    The French supervisory authorities, the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) have updated the list of websites offering investments in derivatives and cryptocurrency without authorisation.

    • www.boxinvesting.com;
    • www.infinitrade.com;
    • www.lotsfx.com;
    • www.northern-lion.com;
    • www.tcotrade.com/fr;
    • www.triton-online.net;
    • www.uniglobemarkets.com//?lang=fr;
    • www.uniontradecenter.com;
    • www.bforinvest.co;
    • www.btcoinpro.com;
    • www.libra-maximizer.com/fr;
    • www.man-investments.com;
    • www.securebitgains.com/bitcoinera.

    (in "Consob Informa" no. 14/2020 - 14 April 2020)

  • 09 apr 2020
    Consob warning on

    Hoch Capital Ltd: Consob orders to blackout the internet website www.tradeatf.com

    Consob has ordered, pursuant to Article No. 36, paragraph 2-terdecies, of the Law-Decree No. 34/2019, (converted by Law No. 58/2019), to the providers of Internet connectivity services, the blackout of the website www.tradeatf.com , through which Hoch Capital Ltd, an investment company of Cypriot law, is violating the ban imposed on it by Consob on 5 December 2019 (delibera n. 21171 del 5 dicembre 2019), pursuant to Article No. 7-quater, paragraph 4, of the Legislative Decree No. 58/1998, to continue to provide investment services, to solicit and to acquire new customers in Italy as well (see newsletter "Consob Informa" No. 44/2019).

    The aforementioned order of blackout was adopted pursuant to the new power recently attributed to Consob by the National Legislator pursuant to Article No. 4, paragraph 3-bis, of the Law-Decree No. 162 of 30 December 2019 (introduced by the Conversion Law No. 8 of 28 February 2020).

    For technical reasons, it can take a few days for making effective the blackout of the website by the providers of Internet connectivity services.

  • 09 apr 2020
    Consob warning on

    COVID 19: Fraud-oriented initiatives adopted for taking profit of the coronavirus pandemic

    The National Commission for Companies and the Stock Exchange (Consob) warns that the dramatic news about the development of viral outbreaks can represent for scammers a suitable opportunity for spreading false or misleading information with the purpose of taking an unfair profit out of the fears related to the coronavirus pandemic (Covid-19).

    In particular, savers must keep alert against real fraud attempts, managed mainly through the Internet.

    These scams may assume variable features and they could involve, among other things, the offer - through promotional material and the provision of fake news - of non-existent stocks or bonds of imaginary companies alleged as taking initiatives for the containment or the cure of the coronavirus or with relation to the offer of alleged high-yield investment opportunities in various contexts, including trading of alleged virtual currencies linked to the spread and lethality features of viral contagion (such as "Coronacoin").​

    April 9, 2020

  • 06 apr 2020
    Warning on

    Bourse Assistance - Libra Service - Live Finance - Central Loan - www.compare-fixed-isa-rates-today.co.uk - Price Action Forex / PriceAction - Fxbtc/Alpha Capital Technology - Purple Finance Cards - Assured Finances - Grandefex - Benson Mines Consultancy / Benson Mines - Bad Credit Loans Company - Swed Bank / Swedbank - Investment Supermarket / Eclipse Marketing Limited - Capital Seven / Capital 7 - Investing Direct Ltd - Parantoux Trading - Avenir Epargne - Phillip Capital Uk - My Investment Market - Isa Finder Uk - Mg Investment Holdings Ltd - Hsbc Global Banking and Markets - Instant Loans Ltd - Horizon Patrimoine - My Money Market - Fixed Profits - Trade99 - Go Compare the Bond Market / Gocomparethebondmarket.com - Oliver Pearson Advisory - Swiss Capital Fm - Go365.io - Rimmerson Capital Partners - The Bond Supermarket/Bond Supermarket - Magaffairs - www.2r-capitallimited.com - www.aeg-solutions.com - www.agf-placement.com - www.alter-investments.com - www.bfservicesonline.com - www.bivouac-capital.com - www.blm-whisky.com - cave-epargnewhisky.com - www.epargne-whisky.com - www.epargne-whisky-avis-forum.com - www.epargne-whisky-formulaire.com - www.good-whiskey.com - www.investir-dans-le-whisky.com - pfm.whisky-patrimoine.com - www.tousmesbonsplans.com / campagne-whisky/index.php - www.whisky-prestige.com - whisky-veritas.com - Hong Kong Science and Technology Innovation Equity Transfer Market Co., Ltd - Larkin Asset Management - Byron-Stafford - Sapone Trading - J McKenzie / McKenzie International Investments - Compass Consulting Group - Gato Capital Partners - Actio / Actio Conseil S.A. - Baxter & Grant - Kepercoin

    The regulatory authorities of the United Kingdom (Financial Conduct Authority - FCA), France (Autorité des Marchés Financiers - AMF), Hong Kong (Securities and Futures Commission - SFC), Belgium (Financial Services and Markets Authority - FSMA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF) and Austria (Financial Market Authority - FMA) report companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Bourse Assistance (www.bourse-assistance.com), clone of the authorised company Catalyst Capital LLP (www.catalystcapital.com) based in London;
    • Libra Service (https://libra-service.com), with contact person Gaetan Bardey, clone of the authorised company Libra Investment Services (2010) Limited (www.libra-is.com) based in London;
    • Live Finance (www.livefinance.co.uk), with stated address in Liverpool (UK), clone of the authorised company Capital Bridging Finance Solutions Limited (www.capitalbfs.co.uk) based in Liverpool (UK);
    • Central Loan (www.centralloan.co.uk), clone of the authorised company Central Loans Limited (www.theloansengine.co.uk);
    • www.compare-fixed-isa-rates-today.co.uk;
    • Price Action Forex/PriceAction (https://priceactionltd.com);
    • Fxbtc/Alpha Capital Technology (www.fxbtc.io), with stated address in Sofia (Bulgaria);
    • Purple Finance Cards (info@easyfinancecards.co.uk; welcome@speedcardfinance.co.uk);
    • Assured Finances (www.assuredfinances.co.uk), with stated address in Manchester (UK);
    • Grandefex (www.grandefex.com), with stated addresses in Roseau (Commonwealth of Dominica) and Barcelona (Spain);
    • Benson Mines Consultancy/Benson Mines (www.bensonminesconsultancy.com), with stated address in New York;
    • Bad Credit Loans Company (www.badcreditloancompany.co.uk), clone of the authorised company Digitonomy Limited;
    • Swed Bank/Swedbank (www.sweduk.com), with stated address in London, clone of the authorised company Swedbank AB (www.swedbank.se, www.swedbank.com), based in Stockholm (Sweden);
    • Investment Supermarket/Eclipse Marketing Limited (www.theinvestmentsupermarket.com/faq), with stated address in London;
    • Capital Seven / Capital 7 (www.capitalseven.com);
    • Investing Direct Ltd (www.investingdirect.net), with stated address in London;
    • Parantoux Trading (www.investingdirect.net), with stated addresses in Hong Kong, Singapore and Gibraltar;
    • Avenir Epargne (www.avenir-epargne.com), with stated address in Paris, clone of the authorised company CMC Capital Limited, based in London;
    • Phillip Capital UK (www.phillipcapitaluk.cn), clone of the authorised company PhillipCapital UK Limited (www.phillipcapitaluk.com);
    • My Investment Market (www.myinvestmentmarket.com);
    • Isa Finder Uk (www.isafinderuk.com);
    • Mg Investment Holdings Ltd, operating with the trading platform ClearSpring Capital (www.clearspringcapital.com), clone of the authorised company FMG (Malta) Limited, based in Malta;
    • HSBC Global Banking and Markets (investorrelations@gbmhsbc.org, accounts@hsbc-gbm.com) clone of the authorised company HSBC Bank PLC (www.hsbc.com), based in London;
    • Instant Loans Ltd (Ukdirectlender@gmail.com), with stated address in Manchester (UK), clone of the authorised company Instant Loan Ltd based in London;
    • Horizon Patrimoine (www.horizon-patrimoine.com), with stated address in London, clone of the authorised company Horizon Capital LLP (www.horizonpe.co.uk), based in London;
    • My Money Market (www.mymoneymarket.co.uk);
    • Fixed Profits (www.fixedprofits.org.uk), with stated address in London;
    • Trade99 (trade99.com), with stated addresses in Roseau Valley (Commonwealth of Dominica) and Tallinn (Estonia);
    • Go Compare the Bond Market/Gocomparethebondmarket.com (www.gocomparethebondmarket.com), clone of the authorised company gocompare.com Limited (www.gocompare.com), based in Newport (UK);
    • Oliver Pearson Advisory (www.opadvisory.co.uk), with stated address in London, clone of the authorised company O.P.A. s.r.l. based in Italy;
    • Swiss Capital Fm (www.swisscapital.fm);
    • Go365.io (www.go365.io);
    • Rimmerson Capital Partners (www.rimmersoncapital.com), with stated address in New York;
    • The Bond Supermarket/Bond Supermarket (www.thebondsupermarket.com), with stated address in London.

    Reported by the AMF:

    • Magaffairs (www.magaffairs.com).

    The French authorities Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), each with reference to its own sector of supervision and protection of savers in the financial, banking and insurance sectors, warn against possible scams linked to the spread of Covid-19 and, in particular, proposals for investment in “refuge” assets identified in tangible assets such as precious metals and paintings.

    The AMF in this regard warns savers of proposals to invest in whisky implemented through the following websites:

    • www.2r-capitallimited.com;
    • www.aeg-solutions.com;
    • www.agf-placement.com;
    • www.alter-investments.com;
    • www.bfservicesonline.com;
    • www.bivouac-capital.com;
    • www.blm-whisky.com;
    • cave-epargnewhisky.com;
    • www.epargne-whisky.com;
    • www.epargne-whisky-avis-forum.com;
    • www.epargne-whisky-formulaire.com;
    • www.good-whiskey.com;
    • www.investir-dans-le-whisky.com;
    • pfm.whisky-patrimoine.com;
    • www.tousmesbonsplans.com / campaigns-whisky/index.php;
    • www.whisky-prestige.com;
    • whisky-veritas.com.

    The AMF also reports that it has updated the list of websites used by persons not authorised to provide investment services that can be consulted by following the link: https://www.amf-france.org/fr/actualites-publications/communiques/communiques-de-lamf/lamf-met-en-garde-le-public-contre-les-activites-de-plusieurs-acteurs-qui-proposent-dinvestir-dans.

    Reported by the SFC:

    • Hong Kong Science and Technology Innovation Equity Transfer Market Co., Ltd (www.hkeeotc.com), with stated address in Hong Kong.

    Reported by the FSMA:

    • Larkin Asset Management (www.larkinassetmanagement.com), with stated addresses in Hong Kong, Taiwan, Shanghai and Kyoto;
    • Byron-Stafford (www.byron-stafford.com), with stated address in Singapore;
    • Sapone Trading (www.saponetrading.com), with stated addresses in Copenhagen (Denmark), Taipei (Taiwan) and Seoul, previously reported by the AFM (see “Consob Informs” no. 4/2019 of 4 February 2019);
    • J McKenzie/McKenzie International Investments (www.jmmckenzie.com / www.mckenzieinternationalinvestments.com), with stated addresses in Geneva and Hong Kong, which have previously been the object of reports by New Zealand’s FMA and by the SFC (see “Consob Informs” no. 1/2020 of 13 January 2020);
    • Compass Consulting Group (www.compassconsultinggroup.co.uk), with stated address in London, previously reported by the FMA (see “Consob Informs” no. 7/2020 of 24 February 2020);
    • Gato Capital Partners (www./gatocapitalpartners.com), with stated address in Osaka (Japan), previously reported by the FCA (see “Consob Informs” no. 1/2020 of 13 January 2020).

    Reported by the CSSF:

    • Actio/Actio Conseil S.A. (www.actio-conseil.com).

    Reported by the FMA:

    • Baxter & Grant (www.baxtergrant.com), with stated address in Vienna (Austria);
    • Kepercoin (www.kepercoin.com), with stated address in Bern (Switzerland).

    (in "Consob Informa" no. 13/2020 - 6 April 2020)

  • 01 apr 2020
    Warning on

    AFX Capital Markets Ltd: compensation procedure

    With respect to AFX Capital Markets Ltd (an investment company disciplined by Cypriot law, whose authorization to operate – also valid in Italy - has been suspended since 19 July 2019), please be informed that the competent Cypriot supervisory authority (Cyprus Securities Exchange Commission - Cysec) recently announced the onset of the compensation procedure, managed by the competent Cypriot Fund ("Investment Compensation Fund") with respect to customers, including the Italian ones, of the aforementioned company.

    All the interested parties must apply with specific reference to the aforementioned Fund not later than 30 September 2020, according to the methods specified by the Fund itself in a specific notice.

  • 30 mar 2020
    Consob warning on

    Dubai FXM Ltd (www.dubaifxm.co e URL dubaifxm.co) - "DAX1001" (dax1001.com) - Global Pegasus Ltd (www.fx4lux.com) - "AirBit Club" (https://airbitclub.com e www.bitbackoffice.com)

    Consob has ordered the black-out of 6 new websites that abusively offer financial services/financial products: 4 abusive financial intermediation sites and 2 sites through which financial products are offered without a prospectus.

    The Authority availed itself of the powers deriving from the "growth decree" (Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies) regarding the blackout of the sites of abusive financial intermediaries, as well as the new power introduced by Law no. 8 of 28 February 2020 (article 4, paragraph 3-bis), regarding the blackout of the site through which the abusive offer is made.

    Below are the sites Consob has ordered to be blacked out:

    • Dubai FXM Ltd (website www.dubaifxm.co and URL dubaifxm.co);
    • "DAX1001" (website dax1001.com);
    • Global Pegasus Ltd (website www.fx4lux.com);
    • "AirBit Club" (websites https://airbitclub.com and www.bitbackoffice.com).

    The number of sites blacked out since July last, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 180.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    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!", providing useful information to warn investors against financially abusive initiatives.

    * * *

    Consob has also suspended for 90 days the offer to the public resident in Italy of investments of a financial nature made by "AirBit Club", and through the websites https://airbitclub.com and www.bitbackoffice.com, pursuant to Article 99, paragraph 1 b), of the Consolidated Law on Finance (Resolution no. 21309 of 25 March 2020).

    * * *

    Order, pursuant to art. 7-octies, letter b) of Italian Legislative Decree no. 58 of February 24, 1998 (Consolidated Law on Finance) to cease infringement of art. 18 of the TUF, put in place by:

    • Dubai FXM Ltd through the websites www.dubaifxm.co and URL dubaifxm.co (Resolution no. 21310 of 25 March 2020);
    • "DAX1001" through the website dax1001.com (Resolution no. 21311 of 25 March 2020);
    • GlobalPegasus Ltd through the website www.fx4lux.com (Resolution no. 21312 of 25 March 2020);

    (Published in "Consob Informa" no. 12/2020 - 30 March 2020)

  • 30 mar 2020
    Warning on

    Best Rate Bonds / BAH Financiere Management Limited - Berwick Asset Management - Walker Bryan - Trade With Lucas / James Frederick Lukas - MTI24 - Capitalcoin X - Credit Finance Ltd / Credit Finance - FX Goat - Carter FS / Carter FS FinServices - Claims Consultants - ING Investment Bank / ING Bank - BlackRock Advisors (UK) Ltd - Town Loans - Silicon Valley Bank - Strategic Investment Funds - Swiss Life Asset Group - Tradofx Limited / ITQ Code LTD - Goldberg Financial - United LondonBrokers - Digital Exchange Limited / Securex Plus Solutions EOOD - www.mgclogic.com - www.mycoin-banking.com - D. Antonio Orlando Barreto Santana - Golding Capital Partners GMBH - Gaesco Gestion - PMS / PMS Gestion - KlickDeals GmbH - CfdSwiss - Huatai Stock - Share Founders - Regency Limited - www.tangeh.com - www.sck-invest.com - www.zczcjj.com - 美港交易中心

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Austria (Financial Market Authority - FMA), Belgium (Financial Services and Markets Authority - FSMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Switzerland (Swiss Financial Market Supervisory Authority - FINMA) and Hong Kong (Securities and Futures Commission – SFC) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Best Rate Bonds / BAH Financiere Management Limited (www.thebestratebonds.co.uk), with stated address in London (UK);
    • Berwick Asset Management (www.berwickassetmanagement.com), with stated address in Zurich (Switzerland);
    • Walker Bryan (www.walkerbryan.com), with stated address in Belgium;
    • Trade With Lucas / James Frederick Lukas (tradewithlukastwl@gmail.com, finragroup@gmail.com);
    • MTI24 (www.mti24.com), with stated address in Majuro (Marshall Islands);
    • Capitalcoin X (www.capitalcoinx.com) with stated address in London (UK);
    • Credit Finance Ltd / Credit Finance (Customerserviceloanshelpline@gmail.com; Loanlenderskltd@googlegroups.com; u.kloanteam85@gmail.com; sendpaymentproof@gmail.com; customerservicesukloansteam@gmail.com; thecustomerservieloanhelpline@gmail.com; headofficeloandepartment@gmail.com) with stated address in Manchester (UK);
    • FX Goat (www.carterFS.com) with stated addresses in Zurich (Switzerland) and Sofia (Bulgaria);
    • Carter FS / Carter FS FinServices (www.carterFS.com), with address in Zurich (Switzerland). The company was the subject of Consob decision no. 20857 of 20 December 2020 and, subsequently, of an order to internet service providers to block access to the site from Italy (see "Consob Informa" no. 11/2019 of 25 December 2019) and then also reported by the FMA (see "Consob Informa" no. 12/2019 of 1 April 2019);
    • Claims Consultants (cresolved@yandex.com);
    • ING Investment Bank / ING Bank
      (www.ing-investmentbank.com), clone of the authorised company Ing Bank NV (compliance.ldn@uk.ing.com);
    • BlackRock Advisors (UK) Ltd (enquiries@br-ne.com,
      client@br-ne.com,
      enquiries@br-bo.com,
      client@br-bo.com,
      client@br-docs.com,
      legal@br-cli.com,
      legal@br-am.com,
      client@br-client.com)
      clone of the authorised company BlackRock Advisors (UK) Limited based in London (UK);
    • Town Loans (www.townsloans.co.uk), with stated address in Liverpool (UK), a clone of the authorised Town Loans Company Limited based in Liverpool (UK);
    • Silicon Valley Bank (www.svbukc.com) with stated address in Los Angeles (CA - USA), clone of the authorised company Silicon Valley Bank (ehagan@svb.com) based in London (UK);
    • Strategic Investment Funds (www.horizon-asset.ltd) clone of the authorised company Horizon Asset LLP based in London (UK);
    • Swiss Life Asset Group (www.swisslife-assetgroup.com) with stated address in London (UK) clone of the authorised company Swiss Life (Liechtenstein) AG, based in Liechtenstein.

    Reported by the FMA:

    • Tradofx Limited / ITQ Code LTD (www.tradofx.com);
    • Goldberg Financial (www.goldberg.financial.com, www.de.goldberg.financial.com), with stated address in Brussels (Belgium).
    • United LondonBrokers (united-lb.com), with stated address in London (UK);
    • Digital Exchange Limited / Securex Plus Solutions EOOD (www.dgxltd.com), with stated address in Sofia (Bulgaria).

    Reported by the FSMA:

    • www.mgclogic.com;
    • www.mycoin-banking.com.

    Reported by the CNMV:

    • D. Antonio Orlando Barreto Santana.

    Reported by the CSSF:

    • Golding Capital Partners GMBH (www.goldingcapitalpartners.com);
    • Gaesco Gestion (www.gaesco-gestion.com), with stated address in Luxembourg;
    • PMS / PMS Gestion (www.pms-gestion.com), clone of the authorised company Portfolio Management Solutions (PMS).

    Reported by FINMA:

    • KlickDealsGmbH, with stated address in Opfikon (Switzerland);
    • CfdSwiss (www.cfdswiss.ch), with stated address in Zurich (Switzerland);

    Reported by the SFC:

    • Huatai Stock (www.huataistock.com), with stated address in Hong Kong;
    • Share Founders (www.sharefounders.com), with stated address in Hong Kong;
    • Regency Limited (www.regencylimited.com), with stated address in Hong Kong;
    • www.tangeh.com, a website not attributable to the authorised company UBS Securities Hong Kong Limited, authorised by the SFC;
    • www.sck-invest.com, a website not attributable to the authorised company SCK Securities Limited, authorised by the SFC;
    • www.zczcjj.com, a website not attributable to Zhongcai Asset Management Limited and Zhongcai Securities Limited, companies authorised by the SFC;
    • 美港交易中心 (Chinese name only).

    (in "Consob Informa" no. 12/2020 - 30 March 2020)

  • 23 mar 2020
    Consob warning on

    Vega Italia Srl (www.vega-italia.com) - Glams Group Srl / Pasquale Di Santo (www.fintrade.it)

    La Commissione Nazionale per le Società e la Borsa (The National Commission for Companies and the Stock Exchange) warns that:

    • the company Vega Italia Srl, also linked to the website wwww.vega-italia.com, is not authorised to offer to retail investors resident in Italy financial products such as investment contracts aimed at financing the delivery of entrepreneurial projects;
    • the company Glams Group Srl and its director Pasquale Di Santo, born in Sessa Aurunca on 4 May 1962, are not authorised to provide investment services to the Italian public, including through the website www.fintrade.it.

    (Published in "Consob Informa" no. 11/2020 - 23 March 2020)

  • 23 mar 2020
    Warning on

    TrustFx - Top Trade Pro - Gcg 24 / Global Consulting Group - FteFXPro / Fte Fx - Fx Pro - Citigroup Asset Management / Citibank Asset Management - Herald Investment Trust - Unique Payment Services - Ivl Leasing Limited - Dax Robot - Lvm Excange / Lvm Ltd - Ikko Trader / Okb Options - Sweden Capita LLC. - Trendex /Trnd Hlds Limited Company - Euro 2 Pocket / Euro2Pocket - Iec International - Anz Capitals / Vimaxo Ltd - Brightfinance / Capital Letter GMBH - Gfxroyal / Capita Letter GMBH - Dax Robot - Lvm Excange / Lvm Ltd - Ikko Trader / Okb Options - Sweden Capita LLC. - Trendex /Trnd Hlds Limited Company - Zxbittrade / Zx Bit Group - Topdiamondfx Limited - www.bitcoincircuitapp.com - www.codigodelcaballero.com - www.cryptolegacypro.com - Swiss500 - Sepafx - CgTrade - Trade99

    The supervisory authorities of the United Kingdom (Financial Conduct Authority – Fca), Hong Kong (Securities and Futures Commission – SFC) Spain (Comisión Nacional del Mercado de Valores - CNMV), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Sweden (Finansinspektionen), Mauritius (Financial Services Commission – FSC) and New Zealand (Financial Markets Authority – New Zealand - FMA) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • TrustFx(www.trustfx.io), with stated address in Geneva (Switzerland), a company previously reported by the FINMA (see "Consob Informa" no. 30/2019 of 9.9.2019);
    • Top Trade Pro (www.toptradepro.com), a company previously reported by the FMA (see "Consob Informa" no. 22/19 of 17.6.2019 and "Consob Informa" no. 25/19 of 8.7.2019), as well as by the CNMV (see "Consob Informa" no. 23/19 of 24.6.2019);
    • Gcg 24 / Global Consulting Group (www.gcg24.com) with stated address in Kingstown, (St Vincent and the Grenadines);
    • FteFXPro / Fte Fx(www.ftefxpro.com), with stated address in Kingstown (St Vincent and the Grenadines); The company was the subject of Consob resolution no. 21222 of 23.1.2020 and, subsequently, of an order to internet service providers to block access to the site from Italy (see "Consob Informa" no. 3/2020);
    • Fx Pro (FxPro@europe.com), clone of the authorised company FXPRO UK Limited (ww.fxpro.co.uk, www.fxpro.com) based in London (UK) previously reported by the FCA (see "Consob Informa" 19/2019 of 27.5.2019 and "Consob Informa" no. 3/2020 of 27.1.2020);
    • Citigroup Asset Management / Citibank Asset Management (www.citigroup-am.com) clone of the authorised company Citigroup Global Markets Ltd based in London (UK);
    • Herald Investment Trust (www.heraldinvestmenttrust.com) clone of the authorised company Herald Investment Trust PLC based in London (UK);
    • Unique Payment Services (www.unqiuepaymentservices.com) with stated address in London (UK) a clone of the authorised company Unique Payment Services Limited based in Edinburgh (UK);
    • Ivl Leasing Limited (alexjeffries@ivlleasing.net) clone of the authorised company Hanborough Enterprises Limited (with IVL Leasing trading platform) www.bridlevehicleleasing.co.uk, ivlleasing.com;
    • Euro 2 Pocket / Euro2Pocket (www.euro2pocket.com) with stated address in Liverpool (UK), clone of the authorised company Capital Bridging Finance Solutions Limited (www.capitalbfs.co.uk) based in Liverpool (UK).

    Reported by the SFC:

    • Iec International (www.iecinternational.com).

    Reported by the CNMV:

    • Anz Capitals / Vimaxo Ltd (www.anzcapitals.com);
    • Brightfinance / Capital Letter GMBH (www.brightfinance.co );
    • Gfxroyal / Capita Letter GMBH (www.gfxroyal.com);
    • Dax Robot (www.daxrobot.com);
    • Lvm Excange / Lvm Ltd (www.lvmexchange.com/es);
    • Ikko Trader / Okb Options (www.okboptions.com);
    • Sweden Capita LLC. (www.swedencap.com);
    • Trendex /Trnd Hlds Limited Company (www.trendex.co/es);
    • Zxbittrade / Zx Bit Group (www.zxbittrade.com);
    • Topdiamondfx Limited (www.topdiamondfx.com);
    • www.bitcoincircuitapp.com;
    • www.codigodelcaballero.com;
    • www.cryptolegacypro.com.

    Reported by the FINMA:

    • Swiss500 (www.swiss500.com).

    Reported by Finansinspektionen (Sweden):

    • Sepafx (www.sepafx.com), with stated address in Tallinn (Estonia).

    Reported by the FSC:

    • Cg Trade (www.cgtrade.com/ index.htm).

    Reported by the FMA (New Zealand):

    • Trade99 ( www.trade99.com).

    (in "Consob Informa" no. 11/2020 - 23 March 2020)

  • 16 mar 2020
    Consob warning on

    Novatrades Ltd (www.novatrades.com) - Game Capital ADS Limited (https://btcglobefx.com) - "WORLDFXM.COM" (https://worldfxm.com) - "GoldFxTrading" (GFT) (web.goldfxtrading.com) - "Alphacapital" (https://alphacapital.fm) - Swiss Capital Ltd (https://capitalswissfx.com)

    Consob has ordered the black-out of 6 new 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:

    • Novatrades Ltd (website www.novatrades.com);
    • Game Capital ADS Limited (website https://btcglobefx.com);
    • "WORLDFXM.COM"(website https://worldfxm.com);
    • "GoldFxTrading" (GFT)(website web.goldfxtrading.com);
    • "Alphacapital"(website https://alphacapital.fm);
    • Swiss Capital Ltd (website https://capitalswissfx.com).

    The number of sites blacked out since July last, when Consob got the power to order blackouts, has thus risen to 174.

    The measures with which the aforementioned companies were ordered to terminate the abusive activity (adopted prior to the date the aforementioned "growth decree" came into force) can be viewed on the website www.consob.it..

    The black-out of these websites by internet service 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 investors' attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, first and foremost, checking in advance that the operator with whom they are investing is authorised. To this end, Consob would remind you that there is a section on the homepage of its website consob.it entitled "Be aware of fraud!", with useful information to warn investors against abusive operators.

     (Published in "Consob Informa" no. 10/2020 - 16 March 2020)

  • 16 mar 2020
    Warning on

    GMGFX - Open Hub Pro - Claremont Baker Brokerage - Advance Trading Systems - World Co-Investment Fund - AC Europe SA. - ACI Capital - Alexander Kingsley Private Equity Inc - Financial Signal - Sts Royal Ltd - Slite Bet Club Ltd - Netbit Services And Solutions Limited / Elite Trading - Apollos Capital - Consencco Holdings Financial Corporation - World Capital Group SA - World lnvest Group SA - Swisscryptocap - Hong Kong Science and Technology Innovation Equity Transfer Market Co.Ltd - Gelios Trade Limited - Transfer Authority International - Devon Fairchild & Co. - Q8 Securities Company 

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), the Netherlands (Netherlands Authority for the Financial Markets - AFM), Spain (Comisión Nacional del Mercado de Valores - CNMV), Switzerland (Swiss Financial Market Supervisory Authority - FINMA) Hong Kong (Securities and Futures Commission – SFC), Ireland (Central Bank of Ireland - CBI) and Kuwait (Capital Markets Authority – CMA) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • GMGFX (www.gmgfx.co.uk), with stated address in London (UK), clone of the authorised company Global Markets Group Limited (www.gmgmarkets.co.uk), based in London (UK);
    • Open Hub Pro (openhubpro.com);
    • Claremont Baker Brokerage (www.claremontbaker.co.uk), with stated address in London (UK) clone of the authorised company CBB Srl;
    • Advance Trading Systems ( promo@advancedtradingsystems.com), with stated address in London (UK).

    Reported by the CSSF:

    • World Co-Investment Fund (www.wcifund.com);
    • AC Europe SA. (www.ac-europe-sa.com);
    • ACI Capital (www.aci-capital.net).

    Reported by the AFM:

    • Alexander Kingsley Private Equity Inc (www.alexanderkingsleype.com), with stated address in Philadelphia (PA - USA).

    Reported by the CNMV:

    • Financial Signal (www.financial-signal.com). The company was the subject of Consob decision no. 21105 of 18 December 2019 and, subsequently, of an order to internet service providers to block access to the site from Italy (see ""Consob Informa" no. 35/2019 of 14.10.2019);
    • Sts Royal Ltd (www.stsroyal.com), previously reported by the FSMA (see "Consob Informa" no. 39/2019 of 11.11.2019) and the AMF (see "Consob Informa" no. 2/2020 of 20.1.2020);
    • Slite Bet Club Ltd;
    • Netbit Services And Solutions Limited / Elite Trading (www.elitetrading.co);
    • Apollos Capital (www.apolloscapital.com) already reported by the FMA (see "Consob Informa" no. 42/2019 of 2.12.2019).

    Reported by FINMA:

    • Consencco Holdings Financial Corporation (www.consenccoholdings.com), with stated address in Basel (Switzerland);
    • World Capital GroupSA (www.wcg24.coml), with stated address in Zurich (Switzerland);
    • World lnvest GroupSA (www.wigroup24.com), with stated address in Zurich (Switzerland);
    • Swisscryptocap (www.swisscryptocap.com) with stated address in Bern (Switzerland).

    Reported by the SFC:

    • Hong Kong Science and Technology Innovation Equity Transfer Market Co.Ltd (www.hkeeotc.com), with stated address in Hong Kong.

    Reported by the CBI:

    • Gelios Trade Limited (www.gelios.com) previously reported by the CNMV (see "Consob Informa" no. 35/2019 of 14.10.2019);
    • Transfer Authority International (www.tainternational.co);
    • Devon Fairchild & Co. (www.devonfairchild.com).

    Report by the CMA:

    The Kuwaiti Capital Markets Authority ( CMA) warns savers that the company Q8 Securities Company has been deleted from the register of companies authorised to carry out activities on the capital markets.

    (in "Consob Informa" no. 10/2020 - 16 March 2020)

  • 09 mar 2020
    Consob warning on

    Ankor Group Investment Ltd e IFXBanc Ltd (sito internet www.ifxbanc.com) - Redal LTD e Elit Property Vision LTD (sito internet https://financepro24.com) - "Terra Finance" (sito internet https://terra-finance.co) - PlatiniumfxLtd (sito internet www.platinium-fx.com) - Elit Property Vision Ltd e FxRoyal Ltd (siti internet https://richmondfx.co e https://royal-fx.com) - Blue Stone Invest Gmbh (www.bluestoneinvest.at)

    Consob exercised for the first time the new power to order internet service providers to block access from Italy to websites through which, in the absence of a prospectus, financial products are offered to the public, or offers of financial products are advertised, in breach of the sector regulations contained in the Consolidated Law on Finance (Articles 94 et seq.).

    The new power, introduced by Law no. 8 of 28 February 2020(Article 4, paragraph 3-bis), complements the power already envisaged in the "growth decree" (Law no. 58 of 28 June 2019(Article 36(2-terdecies) on the blackout of the sites of abusive financial intermediaries.

    This expands the "toolbox" available to Consob, so as to strengthen its powers to combat online financial abuse.

    Below are the sites Consob has ordered to be blacked out:

    • Ankor Group Investment Ltd and IFXBanc Ltd (website www.ifxbanc.com).
    • Redal LTD and Elit Property Vision Ltd (websitehttps://financepro24.com).
    • "Terra Finance" (website https://terra-finance.co);
    • Platiniumfx Ltd (website www.platinium-fx.com);
    • Elit Property Vision Ltd and FxRoyal Ltd (websites https://richmondfx.coand https://royal-fx.com);
    • Blue Stone Invest Gmbh(website www.bluestoneinvest.at).

    The number of sites blacked out since July last, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 168.

    The measures adopted by Consob can be consulted on the website www.consob.it.

    The black-out of these websites by internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.

    Consob draws investors’ attention to the importance of adopting the greatest diligence in order to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorised, and, for offers of financial products, that a prospectus has been published.

    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!", providing useful information to warn investors against financially abusive initiatives.

    * * *

    In addition, pursuant to Article 99(1)(d) of Legislative Decree no. 58/1998, the Commission has prohibited the offer to the public of investments of a financial nature made by Blue Stone Invest Gmbh also through the site www.bluestoneinvest.at (Decision no. 21295 of 5 March 2020).

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

     (Published in "Consob Informa" no. 9/2020 - 9 March 2020)

  • 09 mar 2020
    Warning on

    Online Currency Corp ltd - Private Wealth Management LLP - Cleantech Europe Escrow LP - Vendome Asset Management - Corporate Consulting Group Inc. - Currie Consultancy Group - TL Financial Consultancy - BT Save - Duxa Capital - Everyday Finances - Hiroseoption - AT-Markets - Rabo Olsen Global - www.interexfinance.com - Jubilee Ace - www.bankobaku.com - Paraiba World Ltd - Bic Asset Management - La Roche Capital Corp. - FX NextGen Ltd - CRT Capital Ltd. - BS Global Invest - Elite Finance Solutions - www.central-spot.com - www.aes-financial.com - www.cesco-invest.com - www.ingroupe-online.com / www.market.online-ingroupe.com - www.winbankfinance.online - www.intesa-gestion.com - www.actio-prevoyance.com - www.man-investments.com - www.mgclogic.com - www.mycoin-banking.com - Servicios Financieros Aureo - Absolute Global Markets / Lotens Partners Ltd - B-Market Limited / Proper-Trade - Rimarkets / Fcorp Solutions Ltd - 24CFD - Trade Center / Promfix Ou - https://twitter.com/TGRN_Capital - Lotuscfd - Lincolnfx Capital Ltd - https://gaesco-gestion.com - Livemarkets Eafi Sa / Livemarkets Eaf Sa - Quants-Trade - Extrader247 - Arrow Capital Ltd / Lv Grow Markets - D. Manuel Vilar Peraire - Euro Investement House Ltd - http://www.parverinvest.com - Eos Markets - Chs Premium - ICT Innovative Crypto Technology - www.emmegiconsulenzesagl.com - RoyalsFX - US International Registry & Compliance Agency - Trade Guide Insurance - Stock Funding Corporation - Smart Capital, Lp - Skyoption LLC d/b/a 360Sky Options - SecureFx Options - Scott & Alder - Resonanceoptions - PV Merger Group - Platinum Global Associates - New York Compliance Regulatory Board - Mckenzie & Sons Mergers & Acquisitions - Liberty Trade & Investment - John H. Slade & Co., Inc. - James & Mays, PLLC - Hill Law Associates - Global Registration and Transfer Corporation - Global FX - FX Well Investment - Finance Regulation Board - District Stock Transfer - Corporate Stock Transfer Services - Chris Gardner Group - Board of Financial Affairs - Blueford Consultancy Limited - Blockcryptomining - Binary Investment Management - Ameritradeoptions - 426 Investments Incorporated - List of companies and websites offering investment services on forex markets without authorisation (CySec)

    The supervisory authorities of the United Kingdom(Financial Conduct Authority - FCA), Austria (Financial Market Authority - FMA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Belgium (Financial Services and Markets Authority - FSMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), the United States (Securities and Exchange Commission – SEC) and Cyprus (Cyprus Securities and Exchange Commission - CySEC) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Online Currency Corp ltd (https://onlinecurrency.club), clone of the authorised company of the same name Online Currency Corp Ltd (info@spot-currency.org);
    • Private Wealth Management LLP (www.privatewealthltd.com), with stated address in Douglas (Isle of Man). The UK regulator also warns savers that the Isle of Man regulator has also reported a website lined to an unauthorised enterprise with a similar name to the one that is the subject of this report: www.iomfsa.im/fsa-news/2020/feb/private-wealth-management-llp;
    • Cleantech Europe Escrow LP (www.cleantech-escrow.com), with stated address in London (UK);
    • Vendome Asset Management (vendomeasset@europe.com). The company is linked to the natural person Matthew Finlay and is a clone of the authorised company Vendome Asset Management Limited (cmrubin@vendome-am.com), based in London (UK);
    • Corporate Consulting Group Inc. (www.corporateconsultinggrpinc.com), with stated address in Chicago, Illinois (USA);
    • Currie Consultancy Group (www.currieconsultancygrp.com) with stated address in New York (USA).
    • TL Financial Consultancy (www.tlfinancial.co.uk/; http://www.tl-financial.com), clone of the authorised company TL
    • Financial Consultancy Ltd based in West Sussex (UK);
    • BT Save (www.btsave.io), with stated address in Roseau (Commonwealth of Dominica);
    • Duxa Capital (www.duxacapital.com), previously reported by the FSMA (see "Consob Informa No. 7/2020 of 24.2.2020);
    • Everyday Finances (www.everydayfinances.co.uk), with stated address in Manchester (UK);
    • Hiroseoption (www.hiroseoption.com), clone of the authorised company Hirose Financial Uk Limited (https://hiroseuk.com) based in London (UK);
    • AT-Markets ( www.at-markets.com), clone of the authorised company AT Global Markets (Uk) Limited (wwm.atfx.com/uk) based in London (UK);
    • Rabo Olsen Global (https://raboolsenglobal.com, https://raboolsenglobal.com), with stated address in London (UK), clone of the authorised company Rabo Olsen Global Overlay Strategies BV, based in Utrecht (the Netherlands).

    Reported by the FMA:

    • www.interexfinance.com (info@interexfinance.com);
    • Jubilee Ace, with stated address in Tortola(British Virgin Islands);
    • www.bankobaku.com (info@bankobaku.com);
    • Paraiba World Ltd ( https://paraiba.world) with stated address in Hong Kong;
    • Bic Asset Management (www.bicassetmanagement.com), with stated addresses in Singapore and Hong Kong;
    • La Roche Capital Corp (www.la-roche-capital.com), with stated address in New York (USA);
    • FX NextGen Ltd (www.fxnextgen.com), with stated address in Kutaisi (Georgia);
    • CRT Capital Ltd. (www.cryptotradingsolution.com), with stated address in London (UK).

    Reported by the CSSF:

    • BS Global Invest (www.bsglobalinvest.com), with stated address in Munsbach (Luxembourg);
    • Elite Finance Solutions (www.elitefinancesolutions.com).

    Reported by the FSMA:

    • www.central-spot.com, clone of Centralspot Trading Ltd, a company authorised by the Cypriot supervisory authority;
    • www.aes-financial.com, clone of AES Financial Services LTD, a company authorised by the UK supervisory authority;
    • www.cesco-invest.com, clone of Cesco Investments Ltd a company authorised by the UK supervisory authority;
    • www.ingroupe-online.com/ www.market.online-ingroupe.com, clone of Postbank NV, a company authorised by the Dutch supervisory authority;
    • www.winbankfinance.online, clone of the Greek bank Piraeus Bank SA;
    • www.intesa-gestion.com, clone of Intesa Sanpaolo Spa, an Italian bank;
    • www.actio-prevoyance.com, previously reported by the CSSF (see "Consob Informa" no. 45/2019 of 23.12.2019);
    • www.man-investments.com;
    • www.mgclogic.com;
    • www.mycoin-banking.com.

    Reported by the CNMV:

    • Servicios Financieros Aureo (www./tradingaureo.webnode.es);
    • Absolute Global Markets / Lotens Partners Ltd (www.agmarkets.io/es), previously reported by the FINMA (see “Consob Informa” no. 45/2019 of 23.12.2019 and the FCA (see "Consob Informa" no. 4/2020 of 3.2.2020);
    • B-Market Limited/ Proper-Trade (www.proper-trade.com);
    • Rimarkets / Fcorp Solutions Ltd (www.rimarkets-fx.com);
    • 24CFD (www.24cfd.com);
    • Trade Center / Promfix Ou (www.tradecenter.fm);
    • https://twitter.com/TGRN_Capital. The Spanish supervisory authority reports that this site has been found to be linked to Trading Ganador / Trading De Ganadores, which it has already issued warnings about (see "Consob Informa" no. 4/2018 of 29.1.2018);
    • Lotuscfd (www.lotuscfd.com);
    • Lincolnfx Capital Ltd (www.lincolnfx.capital), a site previously reported by the FCA, and a clone of authorised company Lincoln Finance Ltd(www.lincolnfinance.co.uk), based in Sheffield (UK) see "Consob Informa" no. 2/2020 of 20.1.2020);
    • https://gaesco-gestion.com, clone of 'GVC Gaesco Valores S.V., S.A.’, a company authorised by the Spanish supervisory authority;
    • Livemarkets Eafi Sa / Livemarkets Eaf Sa (www.livemarkets.es);
    • Quants-Trade (www.quants-trade.com);
    • Extrader247 (www.exterader247.com);
    • Arrow Capital Ltd/ Lv Grow Markets (https://lvgrowmarkets.com/es);
    • D. Manuel Vilar Peraire (www.inexxspain.com);
    • Euro Investement House Ltd (www.lotsfx.com);
    • http://www.parverinvest.com.

    Reported by FINMA:

    • Eos Markets (www.eos-market.co), with stated address in Zurich (Switzerland), previously reported by the FCA (see "Consob Informa" n. 6/2020 of 17.2.2020);
    • CHS Premium (www.chspremium.com), with stated address in Zurich (Switzerland);
    • ICT Innovative Crypto Technology (www.ict.webcrafton.com; https://ictrobots.com);
    • www.emmegiconsulenzesagl.com, clone of "EMMEGI Consulenze Sagl”, a company duly registered in the commercial registers of Switzerland;
    • RoyalsFX (www.royalsfx.co), with stated address in Geneva (Switzerland);

    Reported by the SEC:

    • US International Registry &Compliance Agency (www.usirca.com), with stated address in Portland (OR - USA);
    • Trade Guide Insurance (www.tguideinsurance.com), with stated address in New York;
    • Stock Funding Corporation (www.stockfundingcorp.com), with stated address in New York (USA);
    • Smart Capital, LP (www.thesmartcapitalinvest.com), with stated address in New York (USA).
    • Skyoption LLC d/b/a 360Sky Options (www.360sky-options.com), with stated address in New York (USA);
    • SecureFx Options (www.securefxoptions.com), with stated address in Lufkin (TX - USA);
    • Scott & Alder (https://sa-law-firm.com), with stated address in Norfolk (VA - USA);
    • Resonanceoptions (www.resonanceoptions.com), with stated address in New York (USA).
    • PV Merger Group (www.pvmerge.com), with stated address in Seattle (WA - USA), previously reported by the FCA (see "Consob Informa" 16/2019 of 6.5.2019);
    • Platinum Global Associates (www.platinumglobalassociates.com) with stated address in New York (USA), previously reported by the FCA (see "Consob Informa" 19/2019 of 27.5.2019);
    • New York Compliance Regulatory Board (www.nycrb.us), with stated address in New York (USA);
    • Mckenzie & Sons Mergers & Acquisitions (www.mckenzieandsons-ma.com), with stated address in Dallas (TX - USA);
    • Liberty Trade & Investment (www.libertytradeandinvestment.com), with stated address in New York (USA);
    • John H. Slade & Co., Inc. (www.jhslade.com), with stated address in New York (USA);
    • James & Mays, PLLC (www.jamesmaysllc.com), with stated address in New York (USA), previously reported by the FCA (see "Consob Informa" 37/2019 of 28.10.2019);
    • Hill Law Associates (www.hill-lawassociates.net), with stated address in Chicago (IL - USA), previously reported by the FCA (see "Consob Informa" 26/2019 of 15.7.2019);
    • Global Registration and Transfer Corporation (www.gratc.org), with stated address in New York (USA);
    • Global FX (www.global-fx.com), with stated address in New York (USA);
    • FX Well Investment (www.fxwellinvestment.com), with stated address in Arlington (TX - USA);
    • Finance Regulation Board (www.financeregulationsboard.us), with stated address in Washington DC (USA);
    • District Stock Transfer (www.districkstocktransfer.org), with stated address in Washington DC (USA);
    • Corporate Stock Transfer Services (www.corporatestocktransferservices.com), with stated address in Wilmington (DE - USA);
    • Chris Gardner Group (www.chrisgardnergroup.com), with stated address in New York (USA), previously reported by the DFSA (see "Consob Informa" no. 30/2019 of 9.9.2019);
    • Board of Financial Affairs (www.bfina.org), with stated address in New York (USA);
    • Blueford Consultancy Limited (www.bluefordconsultancy.com) with stated address in New York (USA), previously reported by the FCA (see "Consob Information" 25/2019 of 8.7.2019);
    • Blockcryptomining (www.blockcryptomining.com), with stated address in Chicago (IL - USA);
    • Binary Investment Management (www.binaryinvestmentmanagement.com) with stated address in New York (USA).
    • Ameritradeoptions (www.ameritradeoptions.com), with stated address in New York (USA).
    • 426 Investments Incorporated(www.426investmentsinc.com), with stated address in Fountain Valley (CA - USA).

    * * *

    The Cypriot supervisory authority, the Cyprus Securities and Exchange Commission (CySEC) has updated its list of companies and websites offering investment services on forex markets without authorisation. The complete list is published on the CySEC website at the following address: https://www.cysec.gov.cy/en-GB/complaints/non-approved-domains/.

    (in "Consob Informa" no. 9/2020 - 9 March 2020)

  • 02 mar 2020
    Consob warning on

    Prime-Investfx Ltd (sito internet www.prime-investx.com) - "4FX Royal" (sito internet https://4fxroyal.com) - GlobalFx Ltd (sito internet https://globalfxs.org) - Light Media Ltd (sito internet www.wincapitalpro.com) - "AJ Asset" (siti internet https://aj-asset.com e https://platform.aj-asset.com) - "VirtualStocks" (sito internet https://virtualstocks.io) - UMO Finance Ltd (sito web www.umo-finance.com) - www.umoperte.dazeroamarketer.com (Alberto Simoni)

    Consob has ordered the black-out of 7 new 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:

    • Prime-Investfx Ltd (website www.prime-investx.com);
    • "4FX Royal" (website https://4fxroyal.com);
    • GlobalFx Ltd (website https://globalfxs.org);
    • Light Media Ltd (website www.wincapitalpro.com);
    • "AJ Asset" (websites https://aj-asset.comand https://platform.aj-asset.com);
    • VirtualStocks" (website https://virtualstocks.io).

    The number of sites blacked out since July last, when Consob got the power to order blackouts, has thus risen to 161.

    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 service 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 investors' attention to the importance of paying the utmost attention in order to make informed investment choices, focusing on those common sense behaviours - such as, for example, 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 consob.it entitled "Be aware of fraud!", with useful information to warn investors against abusive operators.

    The Commission has also suspended for a period of 90 days:

    - the offering to the public resident in Italy of investments of a financial nature made by UMO Finance Ltd without the required authorisation, also through the website www.umo-finance.com pursuant to article 99, paragraph 1, letter d) of the Consolidated Law on Finance (Resolution no. 21279 of 26 February 2020);

    - advertising, through the site www.umoperte.dazeroamarketer.com, linked to Mr Alberto Simoni, of the offering to the public of investments of a financial nature promoted by UMO Finance Ltd, without the required authorisations, pursuant to article 101, paragraph 4, letter b) of the Consolidated Law on Finance (Resolution no. 21280 of 26 February 2020).

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

     (Published in "Consob Informa" no. 8/2020 - 3 March 2020)

  • 02 mar 2020
    Warning on

    Chryson Limited - Intelligent Money Limited - Little Loans Lender Ltd / Little Loans - Advisory Broker Services / Advisory Broker Trading / AB Services - Alan Jones Financial Services Limited - China Citic Bank - Credit Finance UK Limited - Invest My ISA / InvestMyISA - Country Loans - Data Financial Services Group - Info Bond Finder / Bond Finder - Luxstar Group - Asset Trade International (Europe) S.A. - Qualion Finance - Pais Capital Group / Pais Capital Marketing Ltd - Fxfinest - Crypto 300 Club - Alliance Internationale - Swiss CryptoBank - 香港島中環金融街8號18樓 (solo nome cinese) - www.investmentsfirst.com - Bitprime Ltd / Bitprimeprofx - SL Markets Super Lucky Prime/ SL Prime - Ashimoto Kogyo Co. Ltd - http://www.bollnz.com, https://hylbb.com - https://www.bollcheng.com - https://bollst.com

    The supervisory authorities of United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Spain (Comisión Nacional del Mercado de Valores - CNMV), Portugal (Portuguese Securities Commission - CMVM), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Hong Kong (Securities and Futures Commission - SFC), British Columbia (British Columbia Securities Commission - BCSC) and New Zealand (Financial Markets Authority - New Zealand - FMA), report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Chryson Limited (www.chryson-limited.com), with stated address in Glasgow (UK), Paris (France), Lisbon (Portugal), clone of Chryson Limited, an authorised company of the same name based in Glasgow (UK);
    • Intelligent Money Limited (yan.sobitski@intelligentmoney.club​​​​​​​), with stated address in Nottingham (UK), clone of the authorised company Intelligent Money Ltd (compliance@intelligentmoney.com) based in Nottingham (UK);
    • Little Loans Lender Ltd / Little Loans (directlender4@outlook.com, directlender3@outlook.com), with stated address in Chester (UK), clone of the authorised company Digitonomy Limited (www.little-loans.com), based in Chester;
    • Advisory Broker Services / Advisory Broker Trading / AB Services (www.advisorybrokerservices.com, www.advisorybrokertrading.net) with stated address in London (UK), clone of the authorised company Advisors and Brokers Service based in Prague (Czech Republic);
    • Alan Jones Financial Services Limited (www.alanjonesfinancial.com), clone of Alan Jones Financial Services Ltd (alanjonesfs@aol.com), an authorised company of the same name located in Marlan, Spittal, Haverfordwest, Pembrokeshire, SA62 5QP (UK);
    • China Citic Bank (www.cnbiinternational.com), with stated address in London (UK), clone of the authorised company China Citic Bank Corporation Limited (rhod.sutton@uk.citicbank.com), based in London (UK);
    • Credit Finance UK Limited (loanapprovalhelplineservices@gmail.com, unsecuredloandebt@gmail.com, ukteamloan@gmail.com, loanfile78@gmail.com, headofficeloandepartment@gmail.com, and creditfinancescapitalsUK@googlegroups.com), clone of Season Marketing Limited, an authorised company based in London (UK);
    • Invest My ISA / InvestMyISA (www.investmyisa.co.uk);
    • Country Loans (www.countryloans.co.uk), with stated address in Birmingham (UK), clone of the authorised company Country Loans Ltd, based in Somerset (UK);
    • Data Financial Services Group, clone of the authorised company Data Financial Services Limited;
    • Info Bond Finder / Bond Finder (www.info.bond-finder.co.uk), with stated address in London (UK).

    Reported by the CSSF:

    • Luxstar Group (www.luxstargroup.com), with stated address in Luxembourg;
    • Asset Trade International (Europe) S.A. (www.asset-trade-international.com) with stated address in Luxembourg;
    • Qualion Finance (www.qualion.co.uk).

    Reported by the CNMV:

    • Pais Capital Group / Pais Capital Marketing Ltd (www.paiscapital.com);
    • Fxfinest (www.fxfinest.com/es), a company previously reported by the FCA (see "Consob Informa" no. 45/2019 of 23 December 2019);
    • Crypto 300 Club (www.crypto300club.com).

    Reported by the CNVM:

    • Alliance Internationale (https://www.alliance-internationale.com).

    Reported by the FINMA:

    • Swiss CryptoBank (www.swisscryptobank.group) with stated address in Geneva (Switzerland).

    Reported by the SFC:

    • 香港島中環金融街8號18 (www.xinhonginternational.com), Chinese name only;
    • www.investmentsfirst.com, clone of the authorised company First Eastern Investments Limited.

    Reported by the BCSC:

    • Bitprime Ltd / Bitprimeprofx (www.bitprimeprofx.com).

    Reported by the FMA  (New Zealand):

    • SL Markets Super Lucky Prime/ SL Prime (https://www.sl-prime.com), clone of the authorised company Cloud Service Co Limited;
    • Ashimoto Kogyo Co. Ltd (www.internationalsecuritieslaw.com), with stated address in Tokyo (Japan).

    New Zealand's supervisory authority also warns savers that the websites http://www.bollnz.com, https://hylbb.com, https://www.bollcheng.com and https://bollst.com are in no way linked to the authorised company Boll Financial Holdings Limited.

    (in "Consob Informa" no. 8/2020 - 3 March 2020)

  • 24 feb 2020
    Consob warning on

    Kronosinvestit Ltd (sito internet www.kronosinvestit.co) - “Tfx25” (sito internet https://tfx25.com) - Marketsbull Ltd (sito internet www.marketsbull.com) - "Royalbanc" (sito internet https://royalbanc.io) - "Pro Star" (siti internet https://finantik.com e https://client.trading-dashboard.com - EasyTrade55 Ltd (sito internet https://easytrade55.com)

    Consob has ordered the black-out of 7 new 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:

    • Kronosinvestit Ltd (website www.kronosinvestit.co);
    • "Tfx25" (website https://tfx25.com);
    • Marketsbull Ltd (website www.marketsbull.com);
    • "Royalbanc" (website https://royalbanc.io);
    • "Pro Star" (websites https://finantik.com and https://client.trading-dashboard.com);
    • EasyTrade55 Ltd (website https://easytrade55.com).

    The number of sites blacked out since July last, when Consob got the power to order blackouts, has thus risen to 154. The measures by which the aforementioned companies have been ordered to cease their abusive activities can be consulted on the website www.consob.it. The black-out of these websites by internet service 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.

    ***

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

     (Published in "Consob Informa" no. 7/2020 - 24 February 2020)

  • 24 feb 2020
    Warning on

    AT UK - Assetz Capital - Capital International Management Company / CIMC - Fixed Income - Croceus Limited / Croceus Invest - First Choice Finance - Goldmans Banc - Apus Capital - Triton-Online - Compass Consulting Group - Swissinv24 Ltd - KJ Invest Capital Ltd - Prestige Financial Markets - Vivaexchange Oü - Mutuelle Credit - AllTradeMarkets - Bormancorp - Duxa Capital - Expert Base27 - Intrgroup - My Safe Market - www.epargne-whisky.com - www.whisky-prestige.com - Dachfin - Forex Project Club - Fpc Equity - Horse Group HK Ltd / Horse Forex - Lblv Ltd - Euro Investement House Ltd - Nobel Trade Investments Llc - Opus Business International Ltd - The Premium Brokers / Premium Solutions Ltd - Royal Funds - Uniglobe Markets Ltd - Pmt 247 Ltd - Tbfx Trades - AlphaEX - Kredit Group Finance - http://4507w.xindemo.cn - Star Trader Pte Ltd - Ios Investments Limited - Bacfinancelimited.com - Ltc Markets - Holbert & Greaves - European Investment Systems

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Austria (Financial Market Authority - FMA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Belgium (Financial Services and Markets Authority - FSMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Malta (Malta Financial Services Authority - MFSA), Hong Kong (Securities and Futures Commission – SFC), New Zealand (Financial Markets Authority - FMA New Zealand) and Switzerland (Swiss Financial Market Supervisory Authority - FINMA) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • AT UK (atfx-uk.com), with stated address in London (UK), clone of the authorised company AT Global Markets (Uk) Limited (www.atfx.com/uk), based in London;
    • Assetz Capital (www.assetzcapital.eu) clone of the authorised company Assetz SME Capital Limited (www.assetzcapital.co.uk), with stated address in Manchester (UK);
    • Capital International Management Company / CIMC (www.cimctrading.net), with stated address in London (UK), clone of the authorised company Capital International Management, based in Luxembourg;
    • Fixed Income (www.fixedincome.org.uk), with stated address in London (UK);
    • Croceus Limited / Croceus Invest www.croceusinvest.co.uk);
    • First Choice Finance (www.first-choice-finance.co.uk), with stated address in London, clone of the authorised company First Choice Finance (trademark of First Choice Funding Limited, www.firstchoicefinance.co.uk). The UK regulator also stated that the reported company is in no way related to CashEuroNetUK, LLC, a company based in London, authorised to offer services and products in the UK, nor to TFS Loans Limited, a company based in Essex (UK);
    • Goldmans Banc (www.goldmans.io) with stated address in Kingstown, St. Vincent and the Grenadines, a clone of the authorised company GMB Portfolio Services Limited (www.gmbportfolio.co.uk), based in Livingstone (UK);
    • Apus Capital (telephone number: 02074594269);
    • Triton-Online (https://triton-online.com), clone of the authorised company Triton Investments Advisers LLP, based in London (UK).

    Reported by the FMA:

    • Compass Consulting Group (http://compassconsultinggroup.co.uk) with stated address in London (UK);
    • Swissinv24 Ltd ( www.swissinv24.com) with stated address in Majuro (Marshall Islands). The company was the subject of Consob decision no. 20903 of 18.4.2019(see "Consob Informa" no. 15/2019 of 23.4.2019) and, subsequently, of orders to internet service providers to block access to the site from Italy (see "Consob Informa" no. 32/2019 of 23.9.2019);
    • KJ Invest Capital Ltd (www.kjinvestcapital.com), with stated address in Mahe (Seychelles);
    • Prestige Financial Markets (https://www.prestigefm.io, https://www.prestige.fm), with stated address in Tallinn (Estonia);
    • Vivaexchange Oü(www.exw-wallet.com), with stated address in Tallinn (Estonia).

    Reported by the CSSF:

    • Mutuelle Credit (www.mutuellecredit.com).

    Reported by the FSMA:

    • AllTradeMarkets (www.alltrademarkets.com). The website was the subject of Consob decision no. 21153 of 6 November 2019. Subsequently, Consob ordered internet service providers to block access to the site from Italy (see "Consob Informa" no. 39/2019 of 11 November 2019);
    • Bormancorp (www.bormancorp.com), which has previously been reported by the Central Bank of Ireland (see "Consob Informa" no. 41/2018 of 5 November 2018);
    • Duxa Capital (www.duxacapital.com);
    • Expert Base27 (www.expertbase27.com);
    • Intrgroup (www.intrgroup.com);
    • My Safe Market (www.mysafemarket.com) previously reported by the FCA (see "Consob Informa" no. 6/2010 of 17 February 2020).

    * * *

    The Belgian supervisory authority also warns savers that the following websites propose investments in whisky without the required authorisations:

    • www.epargne-whisky.com;
    • www.whisky-prestige.com.

    Reported by the CNMV:

    • Dachfin (www.dachfin.com/es), previously reported by the FINMA (see "Consob Informa" no. 34/2019 of 7 October 2019);
    • Forex Project Club (www.forexprojectclub.com);
    • Fpc Equity (www.fpcequity.com);
    • Horse Group HK Ltd / Horse Forex (https://horseforex.com/es);
    • Lblv Ltd (https://es.lblv.com), previously the subject of warning from Brazilian authority CMV (see "Consob Informa" no. 38/2019 of 4 November 2019);
    • Euro Investement House Ltd (www.lotsfx.com);
    • Nobel Trade Investments Llc (https://nobeltrade.com/es) previously reported by the CSSF (see "Consob Informa" no. 23/2019 of 24 June 2019);
    • Opus Business International Ltd (https://opusbusiness.com/es);
    • The Premium Brokers / Premium Solutions Ltd (https://thepremiumbrokers.com/es) a website previously the subject of Consob decision no. 21154 of 20 November 2019 and, subsequently, of an order to internet service providers to block access to the site from Italy (see "Consob Informa" no. 41/2019 of 25 November 2019);
    • Royal Funds (www.royalfunds.co). The company was the subject of Consob decision no. 21203 of 18 December 2019 and, subsequently, of an order to internet service providers to block access to the site from Italy (see "Consob Informa" no. 45/2019 of 23 December 2019);
    • Uniglobe Markets Ltd (www.uniglobemarkets.com);
    • Pmt 247 Ltd (www.pmt247.com);
    • Tbfx Trades (https://tbfxtrades.com). The Spanish supervisory authority warns savers that the company is in no way related to the authorised company X-Trade Brokers Dom Maklerski, S.A., Sucursal En España (https://www.xtb.com/es);

    Reported by the MFSA:

    • AlphaEX (https://www.alphaex.net);
    • Kredit Group Finance (e-mail: lencrero@gmail.com and whatsapp number: +33 755931315).

    Reported by the SFC:

    • http://4507w.xindemo.cn, with stated address in Hong Kong, clone of the authorised company Sfc Yuanta Securities (Hong Kong) Company Limited;
    • Star Trader Pte Ltd (www.supertraderlimit.com), with stated addresses in Hong Kong and the United Arab Emirates.

    Reported by the FMA:

    • Ios Investments Limited (https://www.investous.com), with stated address in Belize City (Belize);
    • Bacfinancelimited.com.

    Reported by FINMA:

    • Ltc Markets (https ://ltc-markets.co) with stated address in Zurich (Switzerland), previously reported by the FSMA (see "Consob Informa" no. 39/2019 of 11 November 2019);
    • Holbert & Greaves (https://holbertgreaves.co.uk/), with stated address in Geneva (Switzerland);
    • European Investment Systems (www.eu-is.com), with stated address in Switzerland.

    (in "Consob Informa" no. 7/2020 - 24 February 2020)

  • 17 feb 2020
    Consob warning on

    Bauman Ltd e Pacific Consulting Co Ltd (https://avainvestmentsgroup.com) - FM Solutions Group Limited (www.swissfxuk.com) - Fintrade Limited (https://plus500cy.com) - Premium Solutions Ltd (www.thepremiumbrokers.net / https://trader.secure.thepremiumbrokers.net) - "VetoroBanc" and "Vetoro, Inc." (https://vetoro.io / https://vetoro.cc) - Global Top Marketing LTD e GPS Marketing Ltd (https://profit-trade.com)

    Consob has ordered the black-out of 8 new websites that offer financial services illegally.

    The commission used the tools provided in the "growth decree" (Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies), which gave Consob the power to order internet service providers to block access from Italy to websites offering financial services without due authorisation.

    The companies and websites are listed below:

    • Bauman Ltd and Pacific Consulting Co Ltd (website https://avainvestmentsgroup.com);
    • FM Solutions Group Limited (website www.swissfxuk.com);
    • Fintrade Limited (website https://plus500cy.com);
    • Premium Solutions Ltd (websites www.thepremiumbrokers.netand https://trader.secure.thepremiumbrokers.net);
    • "VetoroBanc" and "Vetoro, Inc." (websites https://vetoro.io and https://vetoro.cc);
    • Global Top Marketing LTD and GPS Marketing Ltd (website https://profit-trade.com).

    The number of sites blacked out since July last, when Consob got the power to order blackouts, has thus risen to 147.

    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 service 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 investors’ attention to the importance of paying the utmost attention in order to make informed investment choices, focusing on those common sense behaviours - such as, for example, 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.

    ***

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

    (Published in "Consob Informa" no. 6/2020 - 17 February 2020)

  • 17 feb 2020
    Warning on

    New Rich Markets Ltd - Cash Pug Finance - ABSL Umbrella Fund - Intrgroup / Mindworks Limited - EOS-Market / Wilkinson Europe LTD - Legit-Loan Company / Legit Loan Company - Hamilon FE/ Hamiltonfe - Best Loan Solution - ATFXHK International Limited - ATFX - First Recovery - GW Investments - Concept One - Abakus Group S.A. - La Compagnie Financière de Belmont - Crypto Bull - Jakub Chrzanowski / trading platform BSM Ireland - HB Global - InvestTeck - 4XFX - Traders Allied - 360worldbtc - Grahamfe - North American Securities Transfer - Vowfx - Halsted Holdings Limited / Selected Markets - Royal c Bank / Axent Sigma Ltd - Terratradex

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Ireland (Central Bank of Ireland - CBI), Sweden (Finansinspektionen), Spain (Comisión Nacional del Mercado de Valores - CNMV) and New Zealand (Financial Markets Authority - New Zealand - FMA) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • New Rich Markets Ltd (www.newrichmarkets.com), with stated address in Kingstown (St. Vincent and the Grenadines);
    • Cash Pug Finance (e-mail: loancaring@gmail.com), clone of the authorised company William Ellis Sinclair (will.sinclair@stscommercial.co.uk);
    • ABSL Umbrella Fund (https://absluk.com) withstated address in London (UK), clone of the authorised company ABSL Umbrella UCITS Fund plc, based in Ireland;
    • Intrgroup / Mindworks Limited (https://intrgroup.com), with stated address in Kingstown (St Vincent and the Grenadines);
    • EOS-Market / Wilkinson Europe LTD (www.eos-market.com), with stated address in Zurich (Switzerland);
    • Legit-Loan Company / Legit Loan Company (www.legit-loan-company.com);
    • Hamilon FE/ Hamiltonfe (www.hamiltonfe.com), with stated address in Sofia (Bulgaria);
    • Best Loan Solution (sites.google.com/view/bestloansolution/home, bestloansolution.org), with stated address in London (UK), clone of the company Opes Global Limited;
    • ATFXHK International Limited (www.atfxhk.com), with stated address in Hong Kong, clone of the authorised company AT Global Markets (Uk) Limited(www.atfx.com/uk) based in London (UK);
    • ATFX (www.atgmforex.com, http://wbwb.2ju96.cn) clone of the authorised company AT Global Markets (Uk) Limited(www.atfx.com/uk) based in London (UK);
    • First Recovery (www.firstrecovery.ltd), clone of the authorised company First Recovery Ltd(www.firstrecovery.co.uk) based in London (UK).

    Reported by the CSSF:

    • GW Investments (www.clbrm-private.com) clone of the authorized company GW Investments Sarl;
    • Concept One (www.conceptone-invest.com);
    • Abakus Group S.A. (www.abakus-group-sa.com);
    • La Compagnie Financière de Belmont (www.lacompagniefinancieredebelmont.lu), clone of the authorised company La Compagnie Financière de Belmont S.A.;
    • Crypto Bull (www.crypto-bull.io), an entity previously reported by the CNMV (see "Consob Informa" No. 45/2019 of 23.1.22019).

    Reported by the CBI:

    • Jakub Chrzanowski and the trading platform BSM Ireland;
    • HB Global (https://hbglobal.co), with stated address in Ireland,
    • InvestTeck (www.investteck.com), with stated address in Ireland and Estonia;
    • 4XFX (www.4xfx.net), with stated address in Estonia.

    Reported by the CNMV:

    • Traders Allied (http://tradersallied.com);
    • 360worldbtc (https://es.360worldbtc.com), previously the subject of Consob resolution no. 21160 of 27.11.2019. Afterwards, Consob ordered internet service providers to prevent access from Italy to websites through which financial services are offered without due authorisation (see "Consob Informa" no. 42/2019 of 2.12.2019);
    • Grahamfe (www.grahamfe.com).

    Reported by the FMA - New Zealand:

    • North American Securities Transfer (www.stocktransferonline.com), with stated address in New York (USA);
    • Vowfx (www.vowfx.com);
    • Halsted Holdings Limited/ Selected Markets (www.selectedmarkets.com), with stated address in Kingstown (Saint Vincent and the Grenadines).

    Reported by Finansinspektionen (FI):

    • Royal c Bank / Axent Sigma Ltd (https://www.royalcbank.com), with stated address in Roseau (Commonwealth of Dominica);
    • Terratradex (https://terratradex.com), with stated address in Majuro (Marshall Islands).

    (in "Consob Informa" no. 5/2020 - 17 February 2020)

  • 10 feb 2020
    Consob warning on

    Trade Com Limited (web site https://fxonspot.com) - "cryptobase" (web site https://cryptobase.ltd and https://cryptobase.life) - "GotechFX" (web site https://gotechfx.com) - Waltika Partners LTD (web sites https://alliance-capital.io and https://alliance-capital.cc) - GAM Group Ltd - "MarketsFX" (web site https://www.marketsfx.it) - Honest Capital Ltd (web site www.profx247.com) - Expedite Spzoo / Nautilius Investment Ltd (www.omega.best) - www.manuelcooper.com / https://manuel.omegaita.it / https://www.facebook.com/groups/241778882951122)

    Consob has ordered the black-out of 8 new 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:

    • Trade Com Limited (website https://fxonspot.com);
    • "cryptobase" (websites https://cryptobase.ltd and https://cryptobase.life);
    • "GotechFX" (website https://gotechfx.com);
    • Waltika Partners LTD (websites https://alliance-capital.io and https://alliance-capital.cc);
    • GAM Group Ltd - "MarketsFX" (website https://www.marketsfx.it);
    • Honest Capital Ltd (website www.profx247.com).

    The number of sites blacked out since July last, when Consob got the power to order blackouts, has thus risen to 139. 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 service 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 prohibited:

    pursuant to Article 99, paragraph 1, letter d), of the Consolidated Law on Finance, the offer to the public residing in Italy by Expedite Spzoo and Nautilius Investment Ltd called "Omega Best", offering investments of a financial nature without the required prospectus, also through the website www.omega.best (Decision no. 21251 of 5 February 2020);

    pursuant to Article 101, paragraph 4, letter c), of the Consolidated Law on Finance, the advertising activity carried out by Mr. Emanuele Fiore in the absence of the required authorisation, through the websites www.manuelcooper.com and https://manuel.omegaita.it, and the Facebook page https://www.facebook.com/groups/241778882951122 , offering to the public investments of a financial nature called "Omega Best" promoted through the website www.omega.best (Decision no. 21250 of 5 February 2020).

    The Commission had already suspended the above activities for 90 days, in Decisions no. 21148 and no. 21147 of 13 November 2019 (see "Consob Informa" no. 40/2019)

    ***

    Order, pursuant to art. 7-octies, letter b) of Italian Legislative Decree no. 58 of 24 February, 1998 (Consolidated Law on Finance, CLF) to cease infringement of art. 18 of the CLF, put in place by:

    (Published in "Consob Informa" no. 5/2020 - 10 February 2020)

  • 10 feb 2020
    Warning on

    First Call Reclaim - Omega Crypto / OmegaCrypto - 4fxroyal - - Aviva Investors Global Services / Avibonds - Ipo-Fx /Skylon Investments - Guy Berna - Titon Associates Asset Titon Associates Asset Management - Sentinel Growth Portfolio Ltd - WVH Ethical / WVH Wealth Management / WVH Sustainable Portfolios - Tradition-Finance - PowerSpo. - RushBanq - Solys Luxembourg - Luxstar Asset Management - 65GCC - Evolutive Banque / Revolt-Finance - Imperial Finances - Global Credit / Global-loan - Pacific Alliance Capital LTD - 4fxroyal - 21 St Options - CCAI Limited / 55 Coin Market Trading - Cnbsfin Ltd - Cobracfd Ltd - Cryptofxoption / Orion Service Eood - HB Enterprises OU/ Fina Holding Incorporated - Formula Española - Fx Master Bot - Glob-Markets / Cub Services Ltd - Just Perfect Markets Ltd - KS-Securities Vermögensverwaltung GmbH - Arrow Capital Ltd / Lv Grow Markets - Dª Miranda Ofarre - Quants-Trade - Wise Funds - Rox Capital AG - Coinyards ... and other companies and web sites...

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commision de Surveillance du Secteur Financier - CSSF), Belgium (Financial Services and Markets Authority - FSMA), Spain (Comisión Nacional del Mercado de Valores - CNMV) and Switzerland (Swiss Financial Market Supervisory Authority - FINMA) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • First Call Reclaim(telephone number: 02081569856);
    • Omega Crypto / OmegaCrypto (www.omegacrypto.com), with stated addresses in London (UK) and Singapore;
    • 4fxroyal ( www.4fxroyal.com), with stated address in London (UK), clone of the authorised company Royal Forex Limited (www.royalforex.com) based in Nicosia (Cyprus). The company has previously been reported by FINMA (see "Consob Information" no. 37/2019 of 28.10.2019);
    • Aviva Investors Global Services / Avibonds, (www.avibonds.com), clone of the authorised company Aviva Investors Global Services Limited company (www.avivainvestors.com) based in London (UK);
    • Ipo-Fx /Skylon Investments (www.ipo-fx.co.uk), with stated address in London, clone of the authorised company Skylon Investments Limited;
    • Guy Berna (www.guyberna.com), with stated address in London (UK), clone of the authorised company Guy Berna based in Luxembourg;
    • Titon Associates Asset Titon Associates Asset Management (www.titonltd.wixsite.com/titon, www.titonassociates.com), with stated address in London, clone of the authorised company Titon Associates Ltd (www.titongroup.com);
    • Sentinel Growth Portfolio Ltd www.sentinelgrowthltd.com), with stated address in London (UK), clone of the authorised company Sentinel Growth Portfolio Ltd;
    • WVH Ethical / WVH Wealth Management / WVH Sustainable Portfolios (www.wvhethical.com, www.wvh-clients.com, www.wvhadvisors.com, www.wvh-login.com), with stated address in London (UK), clone of the authorised company Walter Van Hoecke based in Zelzate (Belgium);
    • Tradition-Finance (www.traditionf.com) clone of the authorised company Tradition Financial Services Limited (www.tradition.com) based in London (UK).

    Reported by the CSSF:

    • PowerSpot, (https://power-spot.eu), with stated address in Luxembourg;
    • RushBanq (www.rushbanq.com), with stated address in Luxembourg;
    • Solys Luxembourg, clone of the authorised company SOLYS;
    • Luxstar Asset Management (www.luxstraram.com), with stated address in Luxembourg;
    • 65GCC (www.365gcc.10) with stated address in Luxembourg.

    Reported by the FSMA:

    • Evolutive Banque / Revolt-Finance (www.Revolt-Finance.com), with stated address in London (UK);
    • Imperial Finances (www.imperial-finances.com);
    • Global Credit / Global-loan (www.global-loan.com/en), with stated address in Madrid, (Spain).

    Reported by the CNMV:

    • Pacific Alliance Capital LTD (www.pacificalliance-capital.com);
    • 4fxroyal (https://4fxroyal.com). The company has previously been reported by the FINMA (see "Consob Information" no. 37/2019 of 28.10.2019;
    • 21 St Options (https://21stoptions.com). The company has previously been reported by the CSSF (see "Consob Information" no. 40/2019 of 18.11.2019);
    • CCAI Limited/ 55 Coin Market Trading (www.55cmt.com), entities that appear to be linked to CCT Markets Limited, previously reported by the CNMV;
    • Cnbsfin Ltd (www.cnbsfin.com/es
    • Cobracfd Ltd (www.cobracfd.biz/es). The company was the subject of Consob Decision no. 21030 of 3.9.2019 (see "Consob Informa" no. 30/2019), Consob Decision no. 21143 of 13.11.2019 (see "Consob Informa" no. 40/2019) and, subsequently, of an order to internet service providers to blackout the site; It was also subsequently reported by the FMA (see "Consob Informa" no. 42/2019 of 2.12.2019);
    • Cryptofxoption / Orion Service Eood (www.cryptofxoption.com) whose web page is linked to the websites www.pattern-trader.net, www.olympusmarkets.com, www.the-crypto-genius.net, https://finaxis.iowhich, https://pcmtrades.com, https://wisebanc.online and https://wisebanc.com, previously reported by the same CNMV;
    • HB Enterprises OU/ Fina Holding Incorporated (https://es.forexone.co);
    • Formula Española (https://formula-espanola.com);
    • Fx Master Bot (https://fxmasterbot.com);
    • Glob-Markets / Cub Services Ltd (www.glob-markets.net / www.glob-markets.co);
    • Just Perfect Markets Ltd (www.justperfectmarkets.com);
    • KS-Securities Vermögensverwaltung GmbH (https://ks-securities.com).The company was the subject of Consob Decision no. 21223 of 23.1.2020 and, subsequently, of an order to internet service providers to black-out the site. (see "Consob Informa" no. 3/2019 of 27.1.2020);
    • Arrow Capital Ltd/ Lv Grow Markets (https://lvgrowmarkets.com/es) The company was the subject of Consob Decision no. 21205 of 18.12.2019 and, subsequently, of an order to internet service providers to black-out the site. (see "Consob Informa" no. 45/2019 of 23 December 2019);
    • Dª Miranda Ofarre (http://tradermirandaofarre.blogspot.com);
    • Quants-Trade (www.quants-trade.com );
    • Wise Funds (https://wisefunds.co / https://wisefunds.cc).

    Reported by FINMA:

    • Rox Capital AG(https://roxcapital.io/; https://rox.fund/), with stated address in Heiden (Switzerland);
    • Coinyards(https://coinyards.com), with stated address in Zurich (Switzerland).

    * * *

    The Securities and Exchange Commission- SEC, the US supervisory authority, warns savers that fraudsters often use the latest news to trick investors (https://www.sec.gov/oiea/investor-alerts-and-bulletins/ia_coronavirus).

    The SEC has become aware of a series of promotions that have appeared on the internet and on social media regarding the possibility that products or services of listed companies may be able to prevent, detect or cure the coronavirus and the possibility that this could lead to an uncontrolled increase in the value of the shares of certain listed companies. These promotions often take the form of so-called 'research reports' and contain a specific 'target price' forecast for the shares in question. The SEC invites investors to be wary of such promotions and to reflect on their substantially fraudulent nature.

    - Pay attention to information that states that products or services of a specific company are capable of stopping the coronavirus, in particular information related to shares in low capitalisation (micro-cap) companies. These uncontrolled rumours may be part of fraudulent schemes to artificially increase the value of the shares (pump-and-dump schemes).

    - You risk losing large sums of money if you invest in a company described incorrectly or unreliably. If you are suspended from trading in the securities of the company in question, you may risk not being able to resell the shares purchased.

    - Suggestions, complaints or reports of suspected fraud or fraudulent actions or scams can be submitted online at https://www.sec.gov/tcr.

    Although coronavirus-related misrepresentations may relate to any company, the shares of microcaps may be particularly vulnerable to fraud risks for investors, including coronavirus-related scams. Micro-cap shares are low-priced shares issued by smaller companies.

    In many cases, there is a lack of publicly available and public domain information about the managers, products and services and the financial situation of these micro-cap companies. This can make it easier for fraudsters to spread false information about the company and thus to profit from it at the expense of poorly informed investors.

    For example, in a "pump-and-dump" scheme, promoters "inflate" or increase the price of a company's shares by putting optimistic, but often false, rumours into circulation.

    The rumours drive many investors to buy these securities. Subsequently, the fraudsters or their accomplices quickly "get rid" of their shares before the hype ends. Typically, once the scammers have profited from their sales, the share price falls and the investors left with the shares end up losing most of the money invested.

    When investing in any company, including those that claim to focus on coronavirus-related products and services, it is essential to make a thorough assessment of the investment and keep in mind that the masters of investment fraud often exploit every single crisis for profit.

    (in "Consob Informa" no. 5/2020 - 10 February 2020)

  • 03 feb 2020
    Consob warning on

    ForTradersFX Ltd (www.fortradersfx.com) - Gembell Limited Services - PO TRADE LTD - Tifiya Group s.r.o. (www.pocketoption.com) - FAH Investment LTD (www.web.cryptozone24.com) - Muller Enterprise Ltd (www.aurumpro.co, https://aurumprofin.cc e https://aurum-pro-finance.cc) - FSM Smart Ltd (www.fsmsmarts.com) 

    Consob has ordered the black-out of 7 new 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:

    • ForTradersFX Ltd (www.fortradersfx.com);
    • Gembell Limited Services – PO TRADE LTD – Tifiya Group s.r.o. (www.pocketoption.com);
    • FAH Investment LTD (www.web.cryptozone24.com);
    • Muller Enterprise Ltd (www.aurumpro.co, https://aurumprofin.cc and https://aurum-pro-finance.cc);
    • FSM Smart Ltd (www.fsmsmarts.com).

    The number of sites blacked out since July last, when Consob got the power to order blackouts, thus rises to 131.

    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 service 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 investors' attention to the importance of paying the utmost attention in order to make informed investment choices, focusing on those common sense behaviours - such as, for example, 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 consob.it entitled "Be aware of fraud!", with useful information to warn investors against abusive operators.

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

    (Published in "Consob Informa" no. 4/2020 - 3 February 2020)

  • 03 feb 2020
    Warning on

     Concepts Loans - Cashute Ltd - Traders Watch - Aman Investment Group / Aman Trades - Absolute Global Markets - Tenaron Capital Management UK - Prestige-Asset / Prestige Asset Management - Fixed Return Bonds - Omac Loans Ltd - Porter Todd Law - Extratrader247 - Walsh Invest & Trade Ltd And Kayescent Corp Forbslab - F2 Trading Corporation - Jürg Götze Asset Management - CapCorp Ltd “FX Crypto Club” - Logoscript sp. Z o.o. - MegaCoinFX - Tradewell.io - Tower Hill Limited - GG Trade International Ltd, Boulder Wealth GG Trade e Jinshi Global Financial Group - City Group Italy Banking Group 

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Austria (Financial Market Authority - FMA), Poland (Polish Financial Supervision Authority - KNF), British Columbia (British Columbia Securities Commission - BCSC) and New Zealand (Financial Markets Authority - New Zealand - FMA), report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Concepts Loans (www.conceptloans.co.uk);
    • Cashute Ltd (e-mail: loan11@pm.me) clone of the authorised company of the same name, Cashute Ltd ( www.cashute.co.uk);
    • Traders Watch (www.traderswatch.org), with stated address in Cambridge (UK);
    • Aman Investment Group / Aman Trades (www.aman-trades.com), with stated address in London (UK) and Kuala Lumpur (Malaysia);
    • Absolute Global Markets (www.agmarkets.io), with stated address in Kingstown, St Vincent and the Grenadines, previously reported by FINMA (see 'Consob Informa' No 45/19 of 23/12/2019);
    • Tenaron Capital Management UK (www.tenaroncapital.co.uk), with stated address in London (UK) clone of the authorised company Tenaron Capital Management Uk LLP (www.tenaroncapital.com);
    • Prestige-Asset / Prestige Asset Management (www.prestige-asset.com), clone of the authorised company Prestige Asset Management Limited (www.prestigeassetmanagement.co.uk);
    • Fixed Return Bonds (www.fixedreturnbonds.co.uk);
    • Omac Loans Ltd, with stated address in London (email nichola.dale1986@gmail.com, mathew.d.silva7075@gmail.com), clone of the authorised company Ready Money Capital Limited;
    • Porter Todd Law (www.portertoddlaw.com), with state address in Boston.

    Reported by the CNMV:

    • Extratrader247 (www.extratrader247.com);
    • Walsh Invest & Trade Ltd And Kayescent Corp Forbslab (www.forslab.com/es);
    • F2 Trading Corporation (www.f2tradingcorporation.com, www.f2tradingcorporation.net, www.ftcorpex.com, www.faxt.io).

    Reported by the FINMA:

    • Jürg Götze Asset Management (www.jurggotze.com).

    Reported by the FMA (Austria):

    • CapCorp Ltd "FX Crypto Club" (www.fxcryptoclub.cc), with stated address in Majuro (Marshall Islands).

    Reported by the KNF:

    • Logoscript sp. Z o.o., with stated address in Warsaw (Poland).

    Reported by the BCSC:

    • MegaCoinFX (www.megacoinfx.com);
    • Tradewell.io (www.tradewell.io);

    Reported by the FMA (New Zealand):

    • Tower Hill Limited (e-mail: admin@towerhillltd.co.uk) previously reported by the FCA (see 'Consob Informa' no. 33/19 of 30/9/2019);
    • GG Trade International Ltd, Boulder Wealth GG Trade and Jinshi Global Financial Group (www.ggtrade.vn).

    ***

    The Cypriot supervisory authority, the Cyprus Securities and Exchange Commission (CySec), has informed investors that a "City Group Italy Banking Group", a clone of the American banking group of the same name, is fraudulently contacting savers by e-mail claiming that it has received authorisation from Consob to set up an "Investor Compensation Fund" to recover investments lost through online trading. CySec has warned that the content of these messages is false. A similar warning was previously issued by Consob in July 2019 (see "Consob Informa" no. 25/2019).

    (in "Consob Informa" no. 4/2020 - 3 February 2020)

  • 27 gen 2020
    Consob warning on

    Ace Capital Ltd (www.ftefxpro.com) - Ks-securities (www.ks-securities.com) - ''Local Trader'' and  "LibraMarkets" (www.localtrader.app/?lp=10, www.libramarkets.com) - RMT 500 Ltd (www.rtm500.com) - Tradepoint Systems Ltd(www.atlantika.io) - RL Ltd (www.royaltd24.com

    Consob has ordered the black-out of 7 new websites that offer financial services illegally.

    The commission used the tools provided in the "growth decree" (Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies), which gave Consob the power to order internet service providers to block access from Italy to websites offering financial services without due authorisation.

    The companies and websites are listed below:

    • Ace Capital Ltd (www.ftefxpro.com);
    • Ks-securities (www.ks-securities.com);
    • "Local Trader" and"LibraMarktes" (www.localtrader.app/?lp=10, www.libramarkets.com);
    • RMT 500 Ltd (www.rtm500.com);
    • Tradepoint Systems Ltd (www.atlantika.io);
    • RL Ltd (www.royaltd24.com).

    The number of sites blacked out since July last, when Consob got the power to order blackouts, thus rises to 124.

    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 service 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 investors' attention to the importance of paying the utmost attention in order to make informed investment choices, focusing on those common sense behaviours - such as, for example, 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.

    * * *

    Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:

    (Published in "Consob Informa" no. 32020 - 27 January 2020)

  • 27 gen 2020
    Warning on

    Ryde Asset Management - Algebris Investment - UK Finance Investments - UK Financial Bonds - UK Bonds - Wise Investments - Compare ISA Deals - Kurt Barremaecker - Noble Grossart Bank - Peter Todd Law - Eagle Direct Investments - Direct Fixed Income - Algobit Ltd e la piattaforma di trading AstroFX - CertFX - Coombes and Kiwonski Investments - Altea - Nexvia Invest - Elite Finance Solutions - CBA Conseil - Gbl Service - Cloud Coin - Mind Capital - Automated Binary - Averren Energy - Binbotpro - http://www.emdcapital.com - Perivex Private Equity Fx S.L. / Private Equity (D. Salvatore Muzzi)- Fmtradex - Salvax Ltd - Domus Partners An Online Media Solutions Company / Inovestments- Intellinology - Equux Holding LLC / Itaurux - Marret Management Ltd - Omega Pro Ltd - Pcm Trades / Orion Service Eood - Rofx - Smart Money System - Vetorobanc - Wisebanc Online / Orion Service Eood - 24Traderush / Gembell Ltd - Hong Kong Hongyi Futures Investment Co., Limited / HK Hongyi Capital Group Co. Limited - HKGKFK International Limited  - www.chuangshengtz.com - www.horizon-capman.com - www.citadelcm-ch.com - Tradewell - Tradewell

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Luxembourg (Commision de Surveillance du Secteur Financier - CSSF), Belgium (Financial Services and Markets Authority - FSMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Hong Kong (Securities and Futures Commission - SFC), Ontario (Ontario Securities Commission - OSC) and Taipei (Financial Supervisory Commission Chinese Taipei - FSC) report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Ryde Asset Management (www.rydeassetmanagement.com) with stated address in London (UK);
    • Algebris Investment (www.algebris-investment.com), with stated address in London (UK), clone of authorised company Algebris (Uk) Limited (www.algebris.com);
    • UK Finance Investments (https://ukfinanceinvestments.co.uk), with stated address in London (UK);
    • UK Financial Bonds (www.UKFinancialBonds.co.uk), with stated address in London (UK);
    • UK Bonds (https://ukbonds.org.uk), with stated address in London (UK);
    • Wise Investments (https://wise-investments.net), clone of Wise Investments Ltd (www.wiseinvestment.co.uk), an authorised company based in London (UK);
    • Compare ISA Deals(www.compareisadeals.com);
    • Kurt Barremaecker (www.kurtbarremaecker.com, www.kurtmarremaecker.com), clone of the company of the same name authorised to offer products in the United Kingdom;
    • Noble Grossart Bank (www.noblegrossartbnk.com), with stated address in London (UK) clone of the authorised Noble Grossart Ltd company (www.noblegrossart.co.uk), based in Edinburgh (UK);
    • Peter Todd Law (www.portertoddlaw.com), with stated address in Boston - Massachusetts (USA);
    • Eagle Direct Investments (www.eagledirect.org.uk), with stated address in London (UK) clone of the company authorised to offer products in the UK, Eagle Direct Srl, based in Mazara del Vallo (Italy);
    • Direct Fixed Income(www.directfixedincome.com);
    • Algobit Ltd and trading platform AstroFX (www.astrofxtrade.com), with stated address in Mahe (Seychelles);
    • CertFX (www.certfx.co.uk);
    • Coombes and Kiwonski Investments (trade mark LLU Ltd; https://coombeskiwonski.com) with stated address in London (UK).

    Reported by the CSSF:

    • Altea (www.altea-gestion.com) with stated address in Luxembourg;
    • Nexvia Invest (https://nexviainvest.co), clone of the authorised company Nexvia SA;
    • Elite Finance Solutions (www.elitefinancesolutions.com), with stated address in Luxembourg;
    • CBA Conseil (www.cbaconseil-lu.com and www.cbaconseil.net), with stated address in Luxembourg.

    Reported by the FSMA:

    • GBL Service (https://gbl-service.com) Clone of the authorised company Group Brussels Lambert based in Brussels (Belgium).

    Reported by the CNMV:

    • Cloud Coin (https://cloudcoin.fund);
    • Mind Capital (https://mind.capital);
    • Automated Binary (www.automatedbinary.com);
    • Averren Energy (https://averren-energy.com);
    • Binbotpro (www.binbotpro.com/sp);
    • http://www.emdcapital.com;
    • Perivex Private Equity Fx S.L. / Private Equity (www.equityfx.com) companies that are affiliated with subject D. Salvatore Muzzi;
    • Fmtradex (https://fmtradex.com/);
    • Salvax Ltd (www.fxpace.com, www.fxsuit.com) subject previously the subject of Consob Decision no. 21118 of 16 October 2019 and, subsequently, of an order to internet service providers to block access to the sites from Italy (see "Consob Informa" no. 31/2019 of 21 October 2019);
    • Domus Partners An Online Media Solutions Company / Inovestments (www.inovestments.com);
    • Intellinology(https://intellinology.com);
    • Equux Holding LLC/ Itaurux (https://itaurux.com/es):
    • Marret Management Ltd (https://marretinvest.org/es);
    • Omega Pro Ltd (https://omegapro.world);
    • PCM Trades / Orion Service Eood (https://pcmtrades.com/es) subjects that are linked to the websites www.pattern-trader.net, www.olympusmarkets.com, www.the-crypto-genius.net, https://finaxis.iowhich and https://wisebanc.com, previously reported by the CNMV;
    • Rofx (http://rofx.net);
    • Smart Money System (https://smartmoney-system.com/es);
    • Vetorobanc (http://vetoro.io);
    • Wisebanc Online / Orion Service Eood (https://wisebanc.online/es);
    • 24Traderush / Gembell Ltd (https://24traderush.com) subjects that are linked to the site https://pocketoption.com previously reported by the CNMV.

    Reported by the SFC:

    • Hong Kong Hongyi Futures Investment Co., Limited / HK Hongyi Capital Group Co. Limited (www.hy1819.com) with stated address in Hong Kong;
    • HKGKFK International Limited (www.hkgkfk.com), with stated address in Hong Kong;
    • www.chuangshengtz.com, site not linked to the companies authorised by the SFC, Sfc Innovax Futures Limited, Innovax Capital Limited, Innovax Securities Limited and Innovax Asset Management Limited;
    • www.horizon-capman.com, site not linked to the companies authorised by the SFC, Horizon Capital Management and Research Limited;
    • www.citadelcm-ch.com, site not traceable to the company authorized by the SFC, Sfc Citadel Asia Limited and Citadel Securities (Hong Kong) Limited.

    Reported by OSC:

    • Tradewell (www.tradewell.exchange) with stated address in Dominica;

    Reported by the FSC:

    • Benidict Hoffman, which has previously been reported by the Austrian supervisory authority FMA (see "Consob Informa" no. 45/2019 of 23 December 2019).

    (in "Consob Informa" no. 3/2020 - 27 January 2020)

  • 20 gen 2020
    Warning on

    Guaranteed Fixed Bonds - The Bond People - The Sovereign Bond Fund - Trade Ltd - Inovestments - York CG - Lincoln FX - Fixed Return Investments - Redhedge Investments - Fxbaeby - Natixis Investment Managers / Natixis Investment Bank - Direct Lenders List - Novum Bank - Shinhan Bank London - Secure UK assets - Company Cubic Services Ltd / Global Markets - Capital Pilots - Part-Sgps - Prince de Heidendorf Asset Management SIA - www.moneyo.io - www.stsroyal.com/fr - www.arlington-invest.com - www.arteko-finance.com - www.fiducia-cpl.com - www.gold-heritage.com - www.jhf-consultant.com - www.mon-cepage.com - www.pf-gestion.com - www.vinovest.fr - www.whisky-prestige.com - www.winecfm.com - www.wine-of-excellence.com - CryptoProfit - Ictrades - Exw Global AG - Morgan Trust / GreenRiver OU - Next Trade Ltd / Olympus Markets and Aspen Holding - NetwideIinvest SA - Cartwright & Brown Wealth Advisory - Swiss Market Service - Suisse Investment Group Llc And Banking Services - Jibi BANK Plc - Mutual Real Estate Fund / 21 Solstice - IIG Banks - Bitcoin Future / Bitcoin Revolution - GWM Group Holdings - Sempi Gold España, S.A.U - Rdjr - Inventa Finans

    The Supervisory Authorities of the United Kingdom (Financial Conduct Authority - FCA), France (Authorité des Marchés Financiers - AMF), Austria (Financial Market Authority - FMA), Poland (Polish Financial Supervision Authority - KNF), Switzerland (Swiss Financial Market Supervisory Authority - FINMA),Malta (Malta Financial Services Authority - MFSA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Hong Kong (Securities and Futures Commission - SFC) and Norway (The Financial Supervisory Authority of Norway - Finanstilsynet)report companies and websites that are offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Guaranteed Fixed Bonds (www.guaranteedfixedbonds.com);
    • The Bond People (www.thebondpeople.com);
    • The Sovereign Bond Fund (www.sovereignbondfund.com), with stated address in London (UK) and Monaco (Principality of Monaco), a clone of the authorised company of the same name;
    • Trade Ltd (www.tradeltd.com), a subject previously reported by the FMA - New Zealand (see 'Consob Informa' no 36/19 of 21 October 2019);
    • Inovestments (www.inovestments.com), with stated addresses in Kingstown (St. Vincent and the Grenadines) and London (UK);
    • York GC (www.yorkcg.com), with stated address in Kingstown (St. Vincent and the Grenadines);
    • Lincoln FX (www.lincolnfx.capital), clone of the authorised company Lincoln Finance Ltd (www.lincolnfinance.co.uk) based in Sheffield (UK);
    • Fixed Return Investments (www.fixed-return-investments.co.uk);
    • Redhedge Investments (www.redhedgeinvestments.com), with stated address in London (UK), clone of the authorised company Redhedge Asset Management LLP (www.redhedge.uk) based in London (UK);
    • Fxbaeby (www.fazfx.co.uk; www.instagram.com/fx.baeby/?hl=en; https://en-gb.facebook.com/pg/fx.baeby);
    • Natixis Investment Managers / Natixis Investment Bank (e-mail: info@natixisuk.com), clone of the authorised company Natixis Investment Managers Uk Limited (www.im.natixis.com) based in London (UK);
    • Direct Lenders List (e-mail: discoveryfinance@rocketmail.com);
    • Novum Bank (www.novumbankgroup.org.uk, www.novumbankgroup.co.uk), with stated address in London (UK), clone of the authorised company Novum Bank Ltd (www.novumbankgroup.com) based in Ta'Xbiex (Malta);
    • Shinhan Bank London (www.shinhan-online.com), clone of the authorised company Shinhan Bank (www.shinhan.com), based in London (UK);
    • Secure UK assets (www.secureukassets.com);
    • Company Cubic Services Ltd and trading platform Global Markets (www.glob-markets.net), with stated address in Mahe (Seychelles).

    Reported by the AMF:

    The French supervisory authority (Authorité des Marchés Financiers - AMF) reports certain companies that offer forex market investment services without authorisation through their websites, and websites through which investments in cryptocurrency are also offered:

    • Capital Pilots (www.capitalpilots.com);
    • Part-Sgps (www.part-sgps.com);
    • Prince de Heidendorf Asset Management SIA (www.princedeheidendorf.com);
    • www.moneyo.io;
    • www.stsroyal.com/fr;
    • www.arlington-invest.com;
    • www.arteko-finance.com;
    • www.fiducia-cpl.com;
    • www.gold-heritage.com;
    • www.jhf-consultant.com;
    • www.mon-cepage.com;
    • www.pf-gestion.com;
    • www.vinovest.fr;
    • www.whisky-prestige.com;
    • www.winecfm.com;
    • www.wine-of-excellence.com.

    Reported by the FMA:

    • CryptoProfit ( https://t.me/CryptifyTradingBot?start=403109432, https://de.cryptoprofit.best);
    • Ictrades (www.ictrades.com), with stated address in Kingstown (St. Vincent and the Grenadines);
    • Exw Global AG (www.exw-wallet.com) with stated address in Vaduz (Liechtenstein);
    • Morgan Trust / GreenRiver OU, (www.morgantrust.eu).

    Reported by the KNF:

    • Next Trade Ltd / Olympus Markets and Aspen Holding, with stated address in the Republic of Vanuatu, previously the subject of Consob resolution no. 21128 of 31 October 2019. Afterwards Consob ordered internet service providers to prevent access from Italy to websites through which financial services are offered without due authorisation (see "Consob Informa" no. 38/2019 of 4 November 2019);
    • NetwideIinvest SA, with stated address in Warsaw (Poland).

    Reported by FINMA:

    • Cartwright & Brown Wealth Advisory (www.cartwrightandbrown.com), with stated address in Zurich (Switzerland);
    • Swiss Market Service (www.swissmarketservice.com), with stated address in Zurich (Switzerland);
    • Suisse Investment Group Llc And Banking Services (www.suisseigb.com), with stated address in Zurich (Switzerland).

    Reported by the MFSA:

    • Jibi BANK Plc (www.jibi-groupe.com);
    • Mutual Real Estate Fund / 21 Solstice (https://mutualrealestatefunds.com, www.21solstice.cz/cs)with stated address in Malta;
    • IIG Banks (https://iigbanks.com), clone of the authorised company IIG Bank (Malta) LTD (www.iigbank-malta.com);
    • Bitcoin Future / Bitcoin Revolution (https://bit.ly/2IS0YeT, https://bit.ly/2IOE7ks);
    • GWM Group Holdings (https://gwmholdings.com), clone of the authorised company GWM Asset Management Limited (http://gwmholding.com).

    Reported by the CNMV:

    • Sempi Gold España, S.A.U formerlySociedad Española De Metales Preciosos De Inversión SA (www.metalesdeinversion.com).

    Reported by the SFC:

    • Rdjr (www.rdjrhk.com).

    Reported by Finanstilsynet:

    • Inventa Finans (www.inventafinans.no), with stated address in Bergen (Norway).

    (in "Consob Informa" no. 2/2020 - 20 January 2020)