Tag: Swiss Management Corporation

Italien Consob ordered black-out of FX24 facilitated by BridgerPay

CONSOB tamir - March 6, 2021

This week the Italian Consob ordered the black-out of the FX24 broker scam website operated by Swiss Management Corporation Ltd. The scam also operates with the domain www.fx24.live, which is not mentioned in the Consob order. The scam operator Swiss Management Corporation is registered with the private forex "regulator" IFMRC. A fake regulator for a fake company We have once again identified the unregulated Cyrpus-based BridgerPay as the payment gateway for credit and debit card deposits.

Italian Consob ordered blackout of 5 more scam broker sites

CONSOB Charlene Lensburg - March 6, 2021

The Italian watchdog Consob has ordered the blackout of five more scam broker websites that abusively offer financial services and financial products. Additionally, one site through was ordered to be blacked out offering financial products without the required prospectus. Consob availed itself of the powers deriving from the "growth decree" (Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies) regarding the blackout of the sites of abusive financial intermediaries.

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