Italy’s CONSOB Orders Black Out of Five New Illegal Websites

[forex4you]

Italy's CONSOB Orders Black Out of Five New Illegal Websites

<p>The Italian Companies and Exchange
Commission (CONSOB), Italy's financial regulatory authority, has ordered the
blacking out of five new abusive websites.</p><p> On Thursday, the financial markets supervisor announced that it instructed internet service providers in the country to inhibit access from Italy to the listed websites.</p><p>The new five websites belong to the
following companies: Olympusbrokers Limited, Uncanny Services LLC,
Surreptitious Group LLC, Combobulating Group LLC and Titancfd.</p><p>The websites are: https://<a href="https://www.olympusbrokers.com">www.olympusbrokers.com</a>, https://www.<a href="https://5markets.io">5markets.io</a>,
https://fincloud.life and related page https://<a href="https://webtrader.fn-trade.link">webtrader.fn-trade.link</a>; https://www.goldmar.co and related page <a href="https://webtrader.gmar.cc">https://www.webtrader.gmar.cc</a>; and https://www.titancfd.com and related page https://<a href="https://platform.titancfd.com">www.platform.titancfd.com</a>.</p><p>With the five new additions to blocked websites, CONSOB has now flagged down 754 illegal websites from operating in the country. The regulator received the legal power to do so in July 2019.</p><p>"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 explained.</p><p class="text-align-justify">Clamp Down in the Last Five Months </p><p>In the last five months, CONSOB has
blocked at least 28 websites offering financial services in Italy without
being authorized to do so.</p><p>In May, the commission ordered the blackout of 10 illegal websites, <a href="https://www.financemagnates.com/forex/regulation/italys-consob-blocks-5-illegal-financial-websites/">five early in the month</a> and <a href="https://www.financemagnates.com/forex/consob-blocks-five-new-illegal-financial-websites/">another five</a> at the month's end.</p><p>At the beginning of May, the websites that were flagged down belonged to  GrouPolo LTD, Globalinvestous, Ingenue Consulting
LLC, Bodacious Consulting LLC and Tradebaionics.</p><p>Those of Tetris Group Ltd, Bitaroma,
Finomarkets, ETA Ltd and Invest Union Limited, were subsequently flagged at the month's end.</p><p>In June, <a href="https://www.financemagnates.com/forex/italys-consob-blacks-out-seven-abusive-websites/">seven 'abusive' websites</a> were
blacklisted. These websites belong to: Tetris Group Limited
(https://www.battletrade.io), Eudaimon Consulting LLC (https://www.aceinvest.co), FTI
Finance (https://<a href="https://www.ftifinance.com">www.ftifinance.com</a>), and
Dlfinindex Limited (https://www.dolfinindex.com with a related page: https://<a href="https://client.dolfinindex.com">www.client.dolfinindex.com</a>).</p><p>The others were: Promarketing Limited
(https://www.greencapitalz.com with related page https://www.platform.greencapitalz.com), Global Success Management Inc (https://www.globalsuccessmanagement.com)
and GIG-OS (https://<a href="https://gig-os.com">www.gig-os.com</a>).</p><p>In June, the Italian market supervisor
added<a href="https://www.financemagnates.com/forex/italys-consob-continues-blocking-illegal-trading-platforms-adds-six-names/"> six websites</a> and in
July <a href="https://www.financemagnates.com/forex/italys-consob-blocks-five-new-illegal-financial-websites/">five more</a> to the
list.</p><p>The platforms blacklisted in June were
Lilac Group LLC, MB Invest, BTCoin Group, Levelprofit and Alphafxprime.</p><p>Those flagged in July include Alphapro FX,
Eurofxsecurities Limited, The Active Traders Limited, Promarketing Limited and
Enercom AG.</p>

This article was written by Solomon Oladipupo at www.financemagnates.com.

Source: Italy's CONSOB Orders Black Out of Five New Illegal Websites