Warnings - CONSOB AND ITS ACTIVITIES
Warnings
« Back Printable version
Ether Limited website https://ethertrader.cc and page https://client.ethertrades.cc - Aegion Group Ltd wesite www.safecap.io and page https://client.safecap.io - Investment Analysts website https://investment-analysts.co and page https://client.investment-analysts.co - Fidelitycfd website www.fidelitycfd.com and page https://wt.fidelitycfd.com - Mex-Fx website https://mex-fx.com and page https://client.mex-fx.com - Ultraford wesite https://ultraford.cc
Consob has ordered the black-out of 6 new websites that offer financial services illegally abusively: 5 abusive financial intermediation sites and 1 site through which an offer of financial products is carried out in the absence of a prospectus.
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:
- Ether Limited (website https://ethertrader.cc and related page https://client.ethertrades.cc);
- Aegion Group Ltd (website www.safecap.io and related page https://client.safecap.io);
- Investment Analysts (website https://investment-analysts.co and related page https://client.investment-analysts.co);
- Fidelitycfd (website www.fidelitycfd.com and related page https://wt.fidelitycfd.com);
- Mex-Fx (website https://mex-fx.com and related page https://client.mex-fx.com);
- Ultraford (website https://ultraford.cc).
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 1035.
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.
***
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:
- Ether Limited website https://ethertrader.cc and page https://client.ethertrades.cc (resolution no. 23026 of 28 February 2024);
- Aegion Group Ltd wesite www.safecap.io and page https://client.safecap.io (resolution no. 23030 of 28 February 2024);
- Investment Analysts website https://investment-analysts.co and page https://client.investment-analysts.co (resolution no. 23027 of 28 February 2024);
- Fidelitycfd website www.fidelitycfd.com and page https://wt.fidelitycfd.com (resolution no. 23029 of 28 February 2024);
- Mex-Fx website https://mex-fx.com and page https://client.mex-fx.com (resolution no. 23028 of 28 February 2024);
- Ultraford wesite https://ultraford.cc (resolution no. 23025 of 28 February 2024)
1 March 2024