Press Release of 20 June 2025 (black out websites) - CONSOB AND ITS ACTIVITIES
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.
