On Monday, 19 September 2022, the Italian regulator Consob ordered the black-out of five illegally operating online trading websites, increasing the total number of black-out orders to 754. Some of the illegal providers we already warned against. Consob has been authorized by the so-called “Growth Decree” to order Internet connectivity service providers to inhibit access from Italy to the websites through which financial services are offered without due authorization.
Below are the websites Consob has ordered to be blacked out:
- Olympusbrokers Ltd d/b/a OlympusBrokers with website www.olympusbrokers.com);
- Uncanny Services LLC d/b/a 5Markets with website https://5markets.io);
- Surreptitious Group LLC d/b/a FinCloud with website https://fincloud.life and related page https://webtrader.fn-trade.link);
- Combobulating Group LLC d/b/a GoldMar with website https://goldmar.co and related page https://webtrader.gmar.cc);
- TitanCFDhttps://fincrimeobserver.com/tag/titancfd with website www.titancfd.com and related page https://platform.titancfd.com).
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 754.
