Mind Capital and Exchange Wallet, both MLM Ponzi schemes, have been declared illegal in Italy.

CONSOB, Italy’s top financial regulator, has ordered both company’s websites blocked.

CONSOB identifies both Mind Capital (dba Mindcapital Ou) and Exchange Wallet (dba VivaExchange Ou) as “abusive financial intermediaries”.

In a localized equivalent of securities fraud, CONSOB warns both Ponzi schemes are “illegally offer(ing) financial services/financial products” in Italy.

Neither Mind Capital or Exchange Wallet are registered to offer securities in any country. Both companies operate illegally the world over.