Comunicazione del 2024-04-29 - CONSOB AND ITS ACTIVITIES
Warnings
FCapital24 website https://fcapital24.com - Future Invest Limited website https://future-invest-limited.com and page https://cfd.future-invest-limited.com - LevictousLTD.com website https://levictousltd.com and page https://client.levictousltd.com - Trading42 Ltd and Trading42 Financial Llc website https://trading42.com and page https://panel.trading42.com - RussellGroupFX website https://russellgroupfx.com and pages https://client.russellgroupfx.com, https://webtrader.russellgroupfx.com, https://wt.russellgroupfx.com
Consob has ordered the black-out of 5 new websites that offer financial services illegally.
The Authority availed itself of the powers deriving from the "Decreto crescita" ("Growth Decree"; Law no. 58 of 28 June 2019, Article no. 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 websites Consob has ordered to be blacked out:
- "FCapital24" (website https://fcapital24.com);
- "Future Invest Limited" (website https://future-invest-limited.com and related page https://cfd.future-invest-limited.com);
- "LevictousLTD.com" (website https://levictousltd.com and related page https://client.levictousltd.com);
- Trading42 Ltd e Trading42 Financial Llc (website https://trading42.com and related page https://panel.trading42.com);
- "RussellGroupFX" (website https://russellgroupfx.com and related pages https://client.russellgroupfx.com, https://webtrader.russellgroupfx.com, https://wt.russellgroupfx.com).
The number of websites 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 1070.
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 behaviors, 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 authorized, 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, "Watch for Scams!", providing useful information to warn investors against financially unauthorized 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:
- FCapital24 via the https://fcapital24.com website (resolution no. 23091 of 24 April 2024);
- Future Invest Limited via the https://future-invest-limited.com website and its https://cfd.future-invest-limited.com page (resolution no. 23090 of 24 April 2024);
- LevictousLTD.com via the https://levictousltd.com website and its https://client.levictousltd.com page (resolution no. 23088 of 24 April 2024);
- Trading42 Ltd and Trading42 Financial Llc via the https://trading42.com website and its https://panel.trading42.com page (resolution no. 23092 of 24 April 2024);
- RussellGroupFX via the https://russellgroupfx.com website and its https://client.russellgroupfx.com, https://webtrader.russellgroupfx.com, https://wt.russellgroupfx.com pages (resolution no. 23089 of 24 April 2024).
29 April 2024