Nab Europe Limited (www.nabconsulting.eu) - Swiss Management Corporation Ltd (https://fx24.one) - "Expertsystemsfx" (client.expertsystemsfx.com) - "FXOptexGroups" e "FxOptexGroup" (https://fxoptexgroups.com, page https://client.fxoptexgroups.com) - "Italiano Invest2 (www.italianoinvest.com) - QubitTech Corporation
Consob has ordered the blackout of 6 new websites that abusively offer financial services/financial products: 5 abusive financial intermediation sites and 1 site 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
- Nab Europe Limited (website www.nabconsulting.eu);
- Swiss Management Corporation Ltd (website https://fx24.one);
-"Expertsystemsfx" (website client.expertsystemsfx.com);
-"FXOptexGroups" and "FxOptexGroup" (website https://fxoptexgroups.com and its page https://client.fxoptexgroups.com);
-"Italiano Invest" (website www.italianoinvest.com);
-QubitTech Corporation (website www.qubittech.dev).
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 391.
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 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 also suspended, for a period of 90 days, pursuant to article 99, paragraph 1, letter b) of Legislative Decree no. 58/1998 (Consolidated Law on Finance), the offering to the public resident in Italy involving investments of a financial nature promoted by QubitTech Corporation through the website www.qubittech.dev (resolution no. 21737 of 25 February 2021).
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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:
Nab Europe Limited through the website www.nabconsulting.eu (resolution no. 21735 of 25 February 2021);
Swiss Management Corporation Ltd through the website https://fx24.one (resolution no. 21733 of 25 February 2021);
"Expertsystemsfx" through the website client.expertsystemsfx.com (resolution no. 21732 of 25 February 2021);
"FXOptexGroups" and "FxOptexGroup" through the website https://fxoptexgroups.com and its page https://client.fxoptexgroups.com (resolution no. 21734 of 25 February 2021);
"Italiano Invest" through the website www.italianoinvest.com (resolution no. 21736 of 25 February 2021);
QubitTech Corporation through the website www.qubittech.dev (resolution no. 21737 of 25 February 2021).
(Published in "Consob Informa" no. 8/2021 - 1 March 2021)