MOSCOW, June 2 (RAPSI) – The Central Bank of Russia has published the list containting over 1,800 organizations and Internet projects showing the signs of illegal activities, including Ponzi schemes, backstreet loan sharks and professional securities traders.
According to the regulator, disclosure of this information is aimed to protect the interests of consumers and will warn them in time of risks inherent in such companies.
The Bank of Russia reveals illegal financial market participants using its own monitoring system and basing on the citizens’ and organizations’ applications. It blocks website of such companies, cooperates with law enforcement and other authorized bodies as well as foreign regulators to suppress unlawful financial activities, the Bank of Russia’s statement reads.