Tag: warning

July 28, 2023 BY Steffy Bogdanova

Italy's Consob blocks 3 more unauthorised firms

These companies offer high-risk investment instruments, including contracts for differences (CFDs) of forex and other asset classes. Consob has the authority to block websites offering illegal financial services at an internet service provider level. The regulator stated: The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons,…

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July 21, 2023 BY Steffy Bogdanova

Italy's Consob blocks four more abusive websites

These companies offer high-risk investment instruments, including contracts for differences (CFDs) of forex and other asset classes. Consob has the authority to block websites offering illegal financial services at an internet service provider level. The regulator stated: The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons,…

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June 29, 2023 BY Steffy Bogdanova

Italy’s Consob blocks E-trade and Active Trades clone sites

The Consob has the authority to block websites offering illegal financial services at an internet service provider level. The regulator stated: 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…

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May 26, 2023 BY Steffy Bogdanova

Italy’s Consob blocks Nadex clone and others

The latest websites offering financial services to be blocked are Prime Markets (primemarkets.co.com), Fintech Market (fintechmarket.consulting), Luxem Capital, Inc. (luxemcapital.com), and Nadex CFD Limited (nadexcfd.com). The Consob has the authority to block websites offering illegal financial services at an internet service provider level. The regulator stated: Consob draws investors' attention to the importance of adopting…

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May 19, 2023 BY Steffy Bogdanova

CySEC warns against impersonators of representatives

The regulator further outlined that such in scams usually fraudsters claim to be officers or representatives of CySEC or real or fake authorities. The scammers usually claim to be CySEC officers or representatives or other real or fake bodies. The scammers usually approach investors via email which contains the name, address, official stamp and logo…

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May 12, 2023 BY Steffy Bogdanova

Four more unauthorized firms have been blocked by Italy's Consob

According to the Italian regulator, three of the companies are illegal financial intermediation websites and one is a website through which an offer of financial products is carried out in the absence of a prospectus. Consob has the authority to block websites offering illegal financial services at an internet service provider level. The regulator stated:…

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Dukascopy bank
April 24, 2023 BY Steffy Bogdanova

Dukascopy warns about another fake clone website

The Swiss firm further warned people against providing their personal information on the clone website. The company stated: Do not trust any information to be found on the website https://www.jdh023.top/index/login/login/token/0c1e7103c3e0e56edb5f978f03103f9f.html. Do not provide any personal data on this website. Dukascopy concluded the announcement by saying it is “taking action” against the fake website. Earlier in…

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April 24, 2023 BY Steffy Bogdanova

CySEC adds eight unregulated firms to warning list

The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in March, CySEC added seven more companies to its warning list.

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April 20, 2023 BY Steffy Bogdanova

Italy’s Consob blocks 4 more unauthorised firms

The financial services platforms offer high-risk investment instruments such as forex instruments and contracts for differences(CFDs). SolidXM, in particular, is suspected of being a scam, as there is no information available about the company behind the platform on its website. Pelliron claims to be registered in Saint Vincent and the Grenadines but provides a UK…

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March 10, 2023 BY Steffy Bogdanova

CySEC adds seven more unregulated firms to warning list

Additionally, the Cypriot regulator warned the public that the website www.ims-crypto.com is not connected to an entity registered with CySEC as Crypto Asset Service Provider. The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment…

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