Preview Mode
CONSOB
Italy Extends Fraud-Fighting Scope: Blocks Two Websites for Illegal Financial Services Ads
- The websites were running digital advertisements using the images of the Italian Prime Minister and President.
- CONSOB has blocked access to 1,194 potentially fraudulent websites since July 2019.
Thursday, 12/12/2024 | 10:00 GMT by
Arnab Shome
“If the Crypto Bubble Bursts, No One Will Come for Compensation,” Consob Commissioner
- Crypto ownership in Italy rose from 8% to 18% between 2022 and 2023, often with limited risk awareness.
- Vulnerable groups and those with lower financial literacy, depend on social media for advice.
Friday, 22/11/2024 | 15:12 GMT by
Tareq Sikder
How Financial Scammers Are Sliding Into Your WhatsApp DMs
- Italian CONSOB warns of sophisticated investment scams operating through WhatsApp, impersonating major investing firms.
- The schemes target retail investors with fraudulent trading opportunities, prompting increased vigilance from authorities.
Monday, 18/11/2024 | 09:00 GMT by
Damian Chmiel
Italy’s Consob and Google Partner to Block Fraudulent Investment Ads
- The regulator aims to expand the alliance to include other major tech platforms, such as Meta, X, and LinkedIn.
- The collaboration focuses on screening out risky ads from social media and the web.
Tuesday, 05/11/2024 | 19:52 GMT by
Jared Kirui
Italy's Regulator Blocks Four Websites in Latest Crackdown on Illegal Financial Services
- The affected companies are FCapital24, Multibank Group, Stocket, and TGFInvest.
- Since 2019, Consob has blocked a total of 1,134 websites offering illegal financial services.
Friday, 20/09/2024 | 16:20 GMT by
Jared Kirui
Another Regulator Warns against Prop Firms, Calls Them Trading “Video Games”
- Italian Consob, along with FSMA and CNMV, is warning against proprietary trading.
- According to the institution, its growing popularity carries significant risks for investors and their capital.
Monday, 08/07/2024 | 08:11 GMT by
Damian Chmiel
See more
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}