Tag: Fundiza

Consob orders blackout for five more websitesC
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May 23, 2022

Consob Monday – Italian Regulator Orders Blackout For Five Websites!

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.
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Consob orders blackout for five more websitesC
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November 30, 2021

Consob Monday – Italian regulator ordered the black-out of five new websites

On 29 November 2021, Italian regulator Consob ordered the black-out of six new sites illegally offering financial services to Italian consumers. Since July 2019, the Italian watchdog has blocked 553 websites for the Italian market. Consob is currently the only European regulator that has this power in regulatory enforcement. It would be desirable if other jurisdictions also gave their regulators such authorization to fight scams more efficiently.
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Consob orders blackout for five more websitesC
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September 20, 2021

Consob Monday is back! Italian regulator issues 10 black-out orders

In the summer month of August, the Italian regulator issued few warnings and black-out orders. Apparently, this was also vacation time for the Consob staff. Before that, Consob regularly issued its black-out orders on Monday of the week. Today it happened again and the black-out of 10 websites offering illegal financial services was ordered. This means that Consob has already blocked 500 websites since July 2019. Currently, Consob is unfortunately the only EU regulator that can block websites.
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