Friday, November 22, 2024

Consob Has Ordered The Black-Out Of 5 New Financial Websites!

Spread financial intelligence

On 13 June 2022, Italian regulator Consob ordered the black-out of five illegal financial websites increasing the total number of black-out orders to 713. Against three of the scams, the Consob ordered to be blacked out FinTelegram has already issued warnings – AGM Markets, GalanTrade, and FinexStocks. Both of them have been around for years already and received warnings from different financial market regulators! It would be desirable if other regulators were also empowered by their parliament to block access to illegal websites.

Below are the sites Consob has ordered to be blacked out:

The number of sites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 713.