Whistleblower Request: Boiler Room & Broker Scheme Operator Gennaro Lanza And His Activities.

Urgend Warning against offshore brokers NewFX DBFX and DBinvesting
Spread financial intelligence

The Italian entrepreneur Gennaro Lanza has long been known to FinTelegram as the mastermind behind boiler rooms and offshore brokerage schemes that offer financial services without regulatory permission in the EEA and other regulatory regimes. Lanza is also known for running fake websites and backdating FinTelegram articles without our consent. While he continues to operate his broker schemes, he makes fake DMCA claims on Google and sends his lawyers. We would like to learn more.

The Facts

It is a fact and confirmed by many available documents that Gennaro Lanza is behind many offshore broker schemes and boiler rooms. He has operated broker brands such as OnSpotBKN, DBFX, DBInvesting, NewFX, or DubaiFXM through offshore companies and firms in Malta and Cyprus. The domains and companies change and vanish frequently in the process.

Read our reports about Gennaro Lanza and his schemes here.

Consob ordered the Black Out of Gennaro Lanza and OnspotBNK broker scheme

Lanza is (or was) also one of the beneficial owners behind boiler room Capital Solutions Ltd in Malta. The broker schemes were operated through this company. At the end of 2020, Italo Mainofli and Massimiliano Moroni resigned as directors of Capital Solutions and sold their shares to Invest Group Global Ltd, registered in Seychelles. This offshore entity is or was controlled by Gennaro Lanza.

It is equally a verifiable fact that numerous regulatory warnings have been issued against broker schemes operated or co-operated by Lanza. For instance, the Italian regulator Consob has blocked OnspotBNK‘s website for Italian visitors.

Defamatory Statements

Lanza’s law firm ARTEMIS ANTONIOU in Cyprus claimed that FinTelegram would offer a “whitelisting service” and put brokers on this white list for a fee. Most recently, Lanza also anonymously made such claims on X (formerly Twitter) with a fake FinTelegram account using the FinTelegram logo without our permission, which is a DMCA violation. We have filed a corresponding complaint with X.

The fact is that FinTelegram does not offer whitelisting services or maintain a whitelist. In this respect, we cannot sell this service at all. In this respect, such statements are defamation and constitute a criminal offense per se. It is also a fact that corresponding facts back all FinTelegram reports and are well documented. We have received corresponding documents from many whistleblowers, including sworn statements used in court.

The website of Lanza’s law firm (www.artemis.law) is no longer accessible.

Key Data Gennaro Lanza

Dubai FXM, DubaiFXM Trade (offline),
DBFX, DBFX Trades,
OnspotBNK (offline)
Boiler RoomCapital Solutions Ltd, Malta
Domainswww.capitalsolutions.mt (boiler room)
https://newfx.trading, https://newfx.co, www.newfx.us
https://dbfx.trade (offline)
www.dubaifx.com (offline)
https://onspotbnk.com (offline)
https://onspotb.com (offline)
Connected individualsGennaro Lanza (LinkedIn),
Massimiliano Moroni,
Italo Mainolfi
Connected entitiesCapital Solutions Ltd (Malta),
Big Horizons Ltd (Seychelles)
Big Horizons Ltd (Commonwealth of Dominica),
New Forex Limited (Commonwealth of Dominica)
Invest Group Global Ltd (Seychelles),
Dupay LP (previously Dubai FXM LP in the UK),
Dubai FXM Limited (Vanuatu),
DBInvesting Limited (Vanuatu),
DB Invest Limited (Seychelles)
DBFX Limited (Vanuatu)
Belight Capital Group Ltd (Cyprus)
Regulatory actionswarnings of CNMV and Consob,
Belight Capital Group (license revoked by CySEC)
JurisdictionsMalta, Cyprus, United Kingdom,
Commonwealth of Dominica, Vanuatu, Seychelles,
WarningsAMF and Consob (OnspotBNK)
CNVM against NewFX and OnspotBNK
MFSA against NewFX
Consob against NewFX
MFSA against NewFX

Share Information

If you have any information about Gennaro Lanza, his activities, or his schemes, please share it through our whistleblower system, Whistle42.

Leave a Reply

Your email address will not be published. Required fields are marked *