Thursday, November 14, 2024

Consob Monday – Italian Regulator Orders Blackout For Five Websites!

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The Italian regulator Consob ordered the black-out of five illegal financial websites increasing the total number of black-out orders to 703. Against two of the scams, the Consob ordered to be blacked out FinTelegram has already issued warnings – MBInvest and Fundiza. One of the scams MBInvest is already offline, the others are the typical white-label scams, you should not fall for! 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 703.