Italy’s Companies and Exchange Commission (CONSOB) today announces that the number of websites it has blocked due to financial abuse has exceeded 500.
The latest orders for the blocking of illicit investment websites target:
- Dzikanta Limited (website https://euromts.uk);
- Felicity Group Ltd (website https://unionstock.cc);
- GS4trade Invest Limited (website https://gs4trade.com);
- “Capitrades” (website https://capitrades.com and related page https://secure.capitrades.com);
- FUNDIZA Ltd (website www.fundiza.com);
- Plus CFD Ltd (website https://pluscfd.co and related page https://accounts.pluscfd.co);
- “Medica Trade” (website https://medicatrade.cc and relative page https://client.medicatrade.cc);
- Nata Trade Limited (website www.nata-trade.com and page https://webtrader.preminvtradplatform.com);
- Eu Investments Limited and James Long (Masons) Limited (website https://eu-investings.com and related page https://client.eu-investings.com);
- “DevTech Holding” (website www.capital-swiss.com and related page https://clientarea.capital-swiss.com).
This way, the number of websites blocked following CONSOB orders has reached 505. Let’s recall that the regulator got the power to block access to websites of companies that offer financial services (Forex, CFD, crypto trading, etc) without the necessary permissions back in the summer of 2019.
In issuing the orders for the so-called black-out, that is, blocking of access from Italian territory to the illicit websites, the Authority made use of the powers granted to it under the “Growth Decree” (law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies).
The implementation of the black-out of the above-mentioned websites is currently in progress. It may take a few days due to purely technical factors.
Consob draws the attention of savers to the importance of using the utmost diligence in order to make investment choices.
To this end, Consob reminds the public that there is a section “Beware of scams!” on its website.