As The Sydney Morning Herald stated earlier today, another binary options trading website operating in Australia is in the sights of the corporate regulator as part of its ongoing investigation into the alleged activities of the Senese family and their associates.
Last week the Federal Court has issued orders restricting convicted finance criminal Tony Senese, his wife Sandy Senese and son Cameron Senese and Israel-based associate Yoav Ida from operating the website Tradettn.com.
The court has already issued orders restricting the group accused of misappropriating millions from Australian investors from operating the TitanTrade website.
Like TitanTrade, Tradettn.com is operated by One Tech Media and UK-domiciled DOM Technology Services, which is registered to the same address as Ultra Solutions MG. Its sole director is Ukrainian woman Alona Gorbarenko.
Earlier this year LeapRate reported that ASIC had issued a fairly stern warning about TitanTrade.
Last week the Federal Court heard ASIC is working with its Italian counterparts the Guardia di Finanza in the investigation and formal interviews of Mr and Mrs Senese will take place in Italy, where they are on an extended holiday.
However, the Seneses’ solicitor Jonathan Kenny has commented there was no material in ASIC’s court filing that showed his clients had anything to do with running the website.