Vietnam Becomes New Base for Cross Border Scam Syndicates After Cambodia Crackdown
Cross border scam syndicates are constantly adapting to evade law enforcement by moving from Cambodia to Vietnam.
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Abstract:Five more unlicensed financial websites have been blacked out by Consob. Stay informed, stay protected.

Italys financial regulator Consob has announced a new enforcement action targeting illegal online financial platforms. On May 30, 2025, the regulator ordered the blackout of five platforms found to be offering financial services without proper authorization.
This measure was taken under the powers granted by Italys Growth Decree (Law No. 58 of 28 June 2019), which allows Consob to request internet service providers to block access to websites operating unlawfully in the financial sector. With this latest action, the number of websites blacked out by Consob since July 2019 has reached 1,336.
The following entities and their associated domains were included in this round of enforcement:
Domains: www.pimmtf.vip, www.pimcmtf.vip, www.pimmtf.ai, www.pimmtf.ltd
Domain: https://peaktradeoption.com
Domains: www.stockwisse.co, https://clientzone.stockwisse.co
Domains: https://finanzaexpert.io, https://clients.finanzaexpert.io, https://trading.finanzaexpert.io
Domain: https://www.stetrading.online
The implementation of these blackouts by internet service providers is currently ongoing and may take several days to come into full effect due to technical processes.
Unauthorized financial platforms pose a significant risk to retail investors, often operating without oversight or accountability. Many such websites mimic legitimate institutions, use misleading branding, or conceal their true ownership structures. Once funds are transferred to these platforms, recovery is often difficult or impossible.
Consob continues to urge investors to exercise maximum caution before engaging with any online financial service provider.
WikiFX helps users assess the legitimacy of financial service providers by offering:
Before making any investment decisions, users are strongly encouraged to search and review broker profiles on the WikiFX platform to avoid falling victim to unauthorized or high-risk platforms.
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.

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