Tag: Extraprime

Investor Warning Against IdealInvestFX Broker Scam And Its Payment Processors!

CONSOB Charlene Lensburg - May 24, 2022

On May 23, 2022, Italian regulator Consob ordered the blackout of IdealInvestFX's website for Italian consumers. We took a closer look at this scam to discover the payment processors and partners involved. The alleged operator Extraprime Ltd in London does not exist. This is likely to be a fake company. As the governing law, Australia is stated. As payment processors, we have exposed Moonpay and SysPay a/k/a SysPG. IdealnvestFX is a member of the fake regulators ERSIC and IRMA.

Consob Monday – Italian Regulator Orders Blackout For Five Websites!

CONSOB Ben - May 23, 2022

The Italian regulator Consob ordered the black-out of five illegal financial websites increasing the total number of black-out orders to 703. Against two of the scams, the Consob ordered to be blacked out FinTelegram has already issued warnings - MBInvest and Fundiza. One of the scams MBInvest is already offline, the others are the typical white-label scams, you should not fall for! It would be desirable if other regulators were also empowered by their parliament to block access to illegal websites.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

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