14 Abusive Websites Blocked by CONSOB in Latest Crackdown

Italy's Watchdog, Commissione Nazionale per le Società e la Borsa(CONSOB) ordered blocking 14 unauthorised websites that illegally offer financial services/products without prospectus.

Below are the websites Consob has ordered to be blacked out:

1- “Quantum AI App Trading” (websites https://quantumaiapp.it and https://quantum-ai.in);

2- “Newgrtdeals” (website https://newgrtdeals.com);

3- “Piattaformaditradingdielonmusk” (website https://piattaformaditradingdielonmusk.it);

4- “Quantum AI Co” (website https://quantumai.co);

5- “Quantum AI Piattaforma and Quantum AI Official” (websites https://quantumaipiattaforma.it and https://quantumaiofficial.com);

6- “Quantum AI Platform” (website https://quantumaiplatform.com);

7- “Orbimount” (website https://orbimount.io and page https://trade.plf-tchb.com);

8- Zeon Global Ltd (website https://zeon-lim.com and page https://my.zeon-lim.com);

9- “Hyper-trades” (website https://hyper-trades.com and page https://trade.hyper-trades.com);

10- “Vex-Group” (website https://vex-group.pro);

11- PO Trade Ltd (website https://po.life);

12- Asset Management International Ltd (website https://assetmanagementint.com and page https://clientzone.assetmanagementint.com);

13- “FPQuantumAI” (website https://fpquantumai.net);

14- “Quantumworld” (website https://quantumworld.it and page https://cfd.earnpro99.com).

The authority draws investors' attention to the importance of exercising the greatest diligence to make informed investment choices and adopting common-sense behaviors essential to safeguarding their savings: these include checking in advance that the operator with whom they are investing is authorized for websites that offer financial services and that a prospectus has been published for offers of financial products.

About CONSOB

The Commissione Nazionale per le Società e la Borsa (CONSOB) is the public authority responsible for regulating the Italian financial markets. Its activity is aimed at the protection of the investing public.

The CONSOB is the competent authority for ensuring

 transparency and correct behaviour by financial market participants;

 disclosure of complete and accurate information to the investing public by listed companies;

 accuracy of the facts represented in the prospectuses related to offerings of transferable securities to the investing public;

 compliance with regulations by auditors entered in the Special Register.

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