Italian Regulator CONSOB Newly Blocks 9 Illegal Financial Websites

The Italian Companies and Exchange Commission (CONSOB) has ordered the blackout of 9 new websites offering financial services and products illegally. The latest intervention includes 8 unauthorized financial intermediation websites and one website promoting financial products without a required prospectus.

Websites Newly Ordered to Be Blacked Out by CONSOB:

Geneve Capital Invest

website: https://genevecapinvest.com

related pages: https://webtrader.genevemarkets.com,  https://webtrader.marketsgenevecapital.com

Investium Group

website: www.investiumgroups.co

related page: https://client.investiumgroups.co

ITradingFX

website: https://itradingfx.net

related pages: https://account.itradingfx.net, https://tradingapi.chartstrading.io

Ustrade24

website: https://ustrade24.com

related page: https://my.ustrade24.com

AlphaWealtExpertise

websites: www.alphawealtexpertise.com, www.alphawealth-expertise.com

respective pages: https://client.alphawealtexpertise.com, https://client.alphawealth-expertise.com

NEX TRADE

website: www.nextradeltd.com

XPTRADERS

 website: https://xptraders.com

related page: https://trading.xptraders.com

FortiCard Limited

website: https://forti-card.com

With this latest action, the number of websites blacked out by CONSOB since July 2019 has reached 1,300. 

CONSOB urges investors to exercise the greatest due diligence when making financial decisions, emphasizing the need to verify whether a financial services provider is authorized. Additionally, a prospectus should be published for offers of financial products.