Consob Warning of 2025-06-20 (Blackout websites) - CONSOB AND ITS ACTIVITIES
Warnings
EXT24 (website https://ext247.co and page https://my.ext247.co) - Rgroupltd (website https://rgroupltd.cm and pages https://client.rgroupltd.cm and https://webtrader.rgroupltd.cm) - Trevorex (website https://trevorrex.com and related page https://app.trevorrex.com) - AHP (website www.ahpcmg.com) - QW Limited (website www.quantumwins.com and related pages https://webtrader.quantumwins.com and https://mobtrader.quantumwins.com - Tradepower (website https://tradepower.pro and pages https://client.trade-power.pro and https://bestrader.io) - Magnomic Yield Ltd (website https://magnomicyieldltd.com)
Consob has ordered the black-out of 7 new websites through which financial services and products are abusively provided: 6 abusive financial intermediation websites and 1 website through which an offer of financial products is carried out in the absence of a prospectus.
The Authority made use of the powers deriving from the "Growth Decree" ("Decreto crescita" - Law No. 58 of 28 June 2019, Article No. 36, paragraph 2-terdecies), regarding the blacking out of the websites of abusive financial intermediaries, as well as of the power introduced by Law No. 8 of 28 February 2020, Article No. 4, paragraph 3-bis, regarding the blacking out of the website by means of which the abusive offer is carried out.
Below are the websites Consob has ordered to be blacked out:
- "EXT24" (website https://ext247.co e relativa pagina https://my.ext247.co);
- "Rgroupltd" (website https://rgroupltd.cm and pages https://client.rgroupltd.cm and https://webtrader.rgroupltd.cm);
- "Trevorex" (website https://trevorrex.com and related page https://app.trevorrex.com);
- "AHP" (website www.ahpcmg.com);
- "QW Limited" (website www.quantumwins.com and related pages https://webtrader.quantumwins.com and https://mobtrader.quantumwins.com);
- "Tradepower" (website https://tradepower.pro and pages https://client.trade-power.pro and https://bestrader.io);
- "Magnomic Yield Ltd" (website https://magnomicyieldltd.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 1360.
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 to make informed investment choices, adopting common sense behaviors, essential to safeguard their savings: these include prior verification, for websites offering financial services and on crypto assets, that the operator through whom one invests is licensed and, for financial product and crypto asset offerings, that the prospectus or white paper 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 also suspended, as a precautionary measure, for a period of 90 days, the offer to the public residing in Italy concerning the “Plans” called “Starter”, “Advanced” and “Professional” carried out by the so-called “Magnomic Yield Ltd” also via the website https://magnomicyieldltd.com (resolution no. 23606 of 19 June 2025).
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The following subjects were ordered by Consob to cease violating Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:
- "EXT24" via the https://ext247.co website and its https://my.ext247.co page (resolution no. 23611 of 19 June 2025);
- "Rgroupltd" via the https://rgroupltd.cm website and the https://client.rgroupltd.cm and https://webtrader.rgroupltd.cm pages (resolution no. 23612 of 19 June 2025);
- "Trevorex" via the https://trevorrex.com website and its https://app.trevorrex.com page (resolution no. 23610 of 19 June 2025).
- "AHP" via the www.ahpcmg.com website (resolution no. 23609 of 19 June 2025);
- “QW Limited” via the www.quantumwins.com website and its https://webtrader.quantumwins.com and https://mobtrader.quantumwins.com pages (resolution no. 23608 of 19 June 2025);
- "Tradepower" via the https://tradepower.pro website and the https://client.trade-power.pro and https://bestrader.io pages (resolution no. 23607 of 19 June 2025).
20 June 2025