Tag: Bank of Valletta

Bad Times! Huge Losses For Maltese CC Finance Group!

Economics and Finance Ben - November 9, 2022

The Maltese CC Finance Group plc, which includes Moneybase and Calamatta Cuschieri Investments Services Limited, registered a loss of €869,000 for the year ended 30th June 2022. This has definitely been a bad year for the Calamata Cuschieri Group. After the year-end, Calamatta Cuschieri Investments Services was found guilty of not meeting the relevant regulatory obligations and ordered by the Maltese court to refund an investor more than €100,000.

Malta’s Compliance Issue – Ivan Grixti and the broker scam One Two Trade!

FIAU Malta Ben - December 7, 2021

Ivan Grixti is a former Malta Labour Party MEP candidate and a lecturer at the Department of Accountancy at the University of Malta. He served as director of the binary options scam operator Up & Down Marketing Limited d/b/a One Two Trade (www.onetwotrade.com). Various reports show that the company scammed hundreds of victims, millions of euros. The company is registered in Malta. Its registered address shows an empty office at 2, Geraldu Farrugia Street, Zebbug, Malta.

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