Gennaro Lanza | FinTelegram News

Tag: Gennaro Lanza

People Radar

March 15, 2024

Gennaro Lanza: An Italian Masterclass in Financial Alchemy, or What?

In the grand tapestry of financial legends, Gennaro Lanza emerges not as a mere entrepreneur but as a virtuoso of the financial dark arts. His journey, as recounted in a recent hagiography in Vents Magazine, reads less like a business saga and more like a masterclass in the ancient art of alchemy—turning the base metals of boiler rooms and forex schemes into the gold of a fintech empire. Lanza, on the other hand, sees himself as a victim of ongoing defamation.

Reputation Management

January 17, 2024

Interesting: Eliminalia’s ‘Reputation Laundering Tactics’ by OCCRP!

We recently reported on an alleged action by the reputation agency Eliminalia against the Italian boiler room operator Gennaro Lanza. A report by the Organized Crime and Corruption Reporting Project (OCCRP) has uncovered troubling practices by this Spanish reputation agency. This company has been helping individuals involved in criminal activities, from drug traffickers to kleptocrats, erase their dubious pasts from the internet.

Infringement Scheme

January 17, 2024

Cybercrime Stories: Boiler Room Operator Files DMCA Complaints Because Of A Russian Extortion Scam!

FinTelegram has already reported on Italian boiler room operator and multi-entrepreneur Gennaro Lanza's battle with the review platform Gripeo. Lanza is also no stranger to FinTelegram. He loves to file DMCA complaints with Google against critical reviews to remove them from the search results. He feels blackmailed by Gripeo and the reputation protection platform Eliminalia and Russian agents, he says in the complaints.

January 6, 2024

Gennaro Lanza Celebrates His ‘Entrepreneurial Triumph’ Amidst Defamation Battle!

Invest Group Global recently proclaimed an "entrepreneurial triumph" under the leadership of Founder, Angel Investor, and CEO Gennaro Lanza, proudly boasting a purported yearly revenue of a staggering $15 million for 2023. While the press release touts this achievement with celebratory language, a closer inspection reveals a narrative rife with red flags and questionable practices associated with Lanza's broker schemes and activities.

November 4, 2023

Attention: Unauthorized Broker Forexelite Received Black Compliance Rating!

First of all, we would like to thank the whistleblowers who drew our attention to the unauthorized and hidden broker Forexelite. If you unfortunately find your way to the domain Forexelite.co, you will be greeted in the Elite Club and will not realize at first that this is a broker. You can only access the website with a VIP code. Thankfully, the whistleblowers have provided us with such a code and we were able to review. As a result, we have placed Forexelite on our black compliance list and issue a warning.

October 22, 2023

It’s War Time: Boiler Room Operator Gennaro Lanza Against Customer Review Platform GripeoWartime:

FinTelegram News, a financial intelligence website, reported in 2020 and 2021 about Gennaro Lanza, an Italian residing in Malta. Lanza was identified as the operator of unregulated boiler rooms, notably Capital Solutions Ltd and associated offshore brokers. Gripio.com, a separate consumer review and complaint site, copied and republished FinTelegram's articles without permission and started a war against Lanza.

September 8, 2023

Offshore Broker OnspotBNK Vanished After Too Many Regulatory Enforcement Actions!

OnspotBNK has been on our radar since 2022. We found that the unauthorized offshore broker cooperated with FCA-regulated broker One Financial Markets. Since then, financial market regulators from several regulatory regimes, such as Italy's Consob and Spain's CNMV, have warned against OnspotBNK. The offshore broker has changed domains several times but is now likely to have disappeared for good. A successor will surely appear soon.

July 24, 2023

New Regulatory Warnings Against Black-Listed Offshore Broker Scheme OnspotBNK

OnspotBNK is a black-listed offshore broker and scam active with various legal entities and domains in various jurisdictions. Currently, the website with the new domain Onspotcap.com indicates ONS Financieel Advies & Coaching B.V., registered and licensed in Holland as the owner. We have not found a valid license. The Italien Consob warned against the offshore broker, as did the Alberta Securities Commission in Canada. Stay far away and protect your financial health.

March 27, 2023

Whistleblower Request: Please Let Us Have Information About Gennaro Lanza’s DBX Consultants!

DBX Consultants (website) is a company builder and merchant service provider in Dubai controlled by the boiler room veteran Gennaro Lanza. It offers consultancy services and arranges bank accounts for businesses, company incorporations, and PSP merchant accounts. A few weeks ago, the company's CEO, Gennaro Lanza, announced they would establish a branch in Cyprus to build a bridge to Dubai. Lanza is the owner and director of the Maltese boiler room operator Capital Solutions Ltd.

September 28, 2022

Introducing DBX Consultants Of Boiler Room Operator Gennaro Lanza!

DBX Consultants is a company builder and merchant service provider in Dubai headed by the boiler room veteran Gennaro Lanza. DBX Consultants offers banking consultancy, arranges bank accounts for business, company incorporations, and PSP merchant accounts. A few weeks ago, the company's CEO, Gennaro Lanza, announced that they would establish a branch in Cyprus to build a bridge to Dubai. Lanza is the owner and director of the Maltese boiler room operator Capital Solutions Ltd.

September 20, 2022

Good News! Offshore Brokers NewFX, DBInvesting, And DBFX Ceased To Attack EEA Consumers!

We have covered the Maltese boiler room operator Capital Solutions and the connected offshore brokers for a few months now. The Italian Gennaro Lanza controls the boiler room operations and the related offshore brokers such as NewFX, Dubai FXM, DBFX, or DBinvesting. The NewFX and DBFX websites are no longer accessible to European customers, and DBInvesting no longer accepts EU & UK clients. This is good news and probably also due to FinTelegram reporting.

June 30, 2022

The Maltese Boiler Room Operator Capital Solutions And Its Vast Broker Network!

Over the last couple of months, FinTelegram published several reports on the Maltese boiler room operator Capital Solutions Ltd. We very quickly received further information from whistleblowers and partners. The Italian Gennaro Lanza is currently the only remaining beneficial owner after his Italian co-founders Massimiliano Moroni, and Italo Mainolfi sold him their shares. Lanza is connected to several offshore brokers such as Dubai FXM, NewFX, or DB Investing. Evidently, he is operating a vast unauthorized financial business in Malta.

Paxum Bank: The Offshore Bank for the Porn Industry!

Paxum Bank, an offshore financial institution based in Dominica, has found itself at the center of controversy due to its connections with high-risk industries and recent revelations about its relationship with the embattled Tate brothers. Specializing in serving the adult entertainment sector, the bank has become a key player in providing financial services to businesses often shunned by traditional banks. However, this niche focus has also drawn scrutiny from regulators and investigators.

Tate Brothers Case: The Misogynist Influencers Used Offshore Accounts to Launder Proceeds from Sexual Exploitation!

New evidence suggests that the influencer Andrew Tate and his brother Tristan Tate used offshore accounts, including Paxum Bank, to conceal profits from their controversial webcam business. The Tates are facing serious charges, including human trafficking and money laundering. This case highlights the need for robust AML/KYC practices, particularly for payment processors in high-risk sectors like adult entertainment.

UK FCA Charges First Individual for Operating Illegal Crypto ATM Network for Money Laundering!

The UK Financial Conduct Authority (FCA) has charged London-based Olumide Osunkoya with running an illegal crypto ATM network, marking the first case of its kind in the UK. As crypto ATMs are increasingly used for money laundering, the FCA's crackdown on unregistered operators underscores the need for strict regulatory compliance. The ATM scheme allegedly processed £2.6 million in crypto transactions.

Public-Listed Crypto Exchange Coinbase Has to Face Shareholder Lawsuit Over SEC Risks!

U.S. crypto exchange Coinbase must face a shareholder lawsuit accusing it of downplaying regulatory risks, specifically the chances of being sued by the SEC. While a U.S. judge dismissed parts of the case, the key allegation of misrepresenting regulatory risks will proceed. This case underscores the importance of transparency in the crypto sector, where regulatory uncertainties continue to loom large, particularly in the U.S.

U.S. Regulator SEC Charges Seven Public Companies for Violating Whistleblower Protection Rules!

The U.S. Securities and Exchange Commission (SEC) charged seven public U.S. companies with using agreements that restricted employees from reporting securities law violations, resulting in over $3 million in penalties. The SEC takes strict action against organizations and individuals who seek to contractually restrict whistleblowers' rights. The regulator needs insiders to disclose financial wrongdoing and compliance violations.