Asset Publisher

Warnings


"Pro Star" (www.golden-cfd.com) - "European Trade 24" e "Allegra TM" (www.eutrade24.com) - Maginito Services Ltd e NBG Market (KI) Limited (www.nbgmarket.com) - "Mistertrader" e "Redfin Capital" (https://imrtrader.com, www.redfin.capital) - Arbistar 2.0, S.L. (arbistar.com e app.arbistar.com)

Consob has ordered the blackout of 7 new websites that abusively offer financial services/financial products: 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 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:

  • "Pro Star" (website www.golden-cfd.com);
  • "European Trade 24" and "Allegra TM" (website www.eutrade24.com);
  • Maginito Services Ltd and NBG Market (KI) Limited (website www.nbgmarket.com);
  • "Mistertrader" and "Redfin Capital" (websiteshttps://imrtrader.com and www.redfin.capital);
  • Arbistar 2.0, S.L. (websites arbistar.com and app.arbistar.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 330.

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.

Consob has ordered the blackout of 7 new websites that abusively offer financial services/financial products: 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 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:

  • "Pro Star" (website www.golden-cfd.com);
  • "European Trade 24" and "Allegra TM" (website www.eutrade24.com);
  • Maginito Services Ltd and NBG Market (KI) Limited (website www.nbgmarket.com);
  • "Mistertrader" and "Redfin Capital" (websiteshttps://imrtrader.com and www.redfin.capital);
  • Arbistar 2.0, S.L. (websites arbistar.com and app.arbistar.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 330.

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.

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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:

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Consob has also suspended, pursuant to Article 99, paragraph 1, letter b) of the Consolidated Law on Finance, as a precautionary measure, for a period of 90 days, the activity of offering to the public resident in Italy carried out by Arbistar 2.0, SL through the websites https://arbistar.com and https://app.arbistar.com (Resolution no. 21583 of 11 November 2020).

(Published in "Consob Informa" no. 41/2020 of 16 November 2020)