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Consob black-out orders against scams increase to 340

CONSOB terminates scam websites
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Early this week, the Italian regulator Consob has ordered the black-out of five new websites offering financial services illegally. The regulator has the authority to order the black-out of websites that illegally offer financial services to Italian consumers. Thus Consob can order internet service providers to block access from Italy to websites offering financial services without the proper authorization.

Below are the latest sites Consob has ordered to be blacked out on Nov 30, 2020:

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 340.

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