Italy’s CONSOB Blocks Five Illegal Investment Sites
CONSOB orders the blocking of five unauthorized investment websites in Italy as part of its ongoing effort to curb financial fraud and protect investors.
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Abstract:WikiFX just received the latest update about the Ponzi scheme at Graphene Manufacturing Group (GMG). The website of this firm is now unavailable. And many investors are still struggling to get back their money, which has been taken away by GMG fraudulently.

WikiFX just received the latest update about the Ponzi scheme at Graphene Manufacturing Group (GMG). The website of this firm is now unavailable. And many investors are still struggling to get back their money, which has been taken away by GMG fraudulently.
On social media group, the victim reported that the website of GMG can not be opened as the server can not be found.


Cases about the victims who were scammed by GMG
There are many victims who get in touch with WikiFX. And they want to expose the experience with GMG to the public so people can understand the disreputable behavior of this company.
One investor from Nigeria claimed that he totally invested 60000 Nigerian Naira in this platform. And eventually, he cannot get his money back.









According to above, the victim cannot contact GMG because there is no way to do so. There are many other cases that are similar to this case and we will show you in the near future.
Conclusion
shutting the website down is a typical sign that many Ponzi scheme use. This means they abscond with the money and victims cannot contact them.
As WikiFX had expected, GMG's previous statement that it would refund all of its clients' money was simply an excuse to scam. With such a statement, GMG hopes to calm the victims and buy GMG time to abscond with the money. Anger cannot undo one's loss. Investors must always be cautious and conduct thorough due diligence before investing their hard-earned money. They should work with reputable and regulated financial institutions that prioritize transparency, accountability, and investor protection. Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. WikiFX exposed this case to the public to remind all traders of the potential risks.
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

CONSOB orders the blocking of five unauthorized investment websites in Italy as part of its ongoing effort to curb financial fraud and protect investors.

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