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However, during the last 28 days, Payabl's web site traffic has dropped by an excellent third. In a case of too little, too late, MFSA was forced to take action against Maltese nationals Brian Tonna and Karl Cini . The two administrators of Nexia BT, the company concerned in major scandals in Malta, were arraigned in courts for money laundering charges, tax evasion, and falsification of paperwork two years in the past. Their accountancy warrants were suspended on 25 September 2020. The MFSA did not elaborate on why it waited so long to act after the duo’s arraignment. The Cypriot high-risk...
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