Anti-fraud crackdown by Consob. Indeed, the authority announced that it had ordered the blacking out of 22 websites that to date have illegally offered financial services.
Consob has made use of the new rules established from the “Growth decree” which give it the power to order internet connectivity service providers to block access from Italy to websites through which financial services are offered without due authorization by virtue of the update of the rules on the supervision of law enforcement financial abuse on the web.
It is not the first time that the Authority has intervened for the purpose of protect users from possible scamstaking advantage of the new legislation. Last July, Consob shut down 4 sites that illegally practiced online trading.
The following the list of companies and blocked sites September 19:
- WebNet Ltd and 4COM Network Srl (www.2dots.com);
- One Thousand One Ltd (www.dax1001.com);
- Herdos (https://herdos.com);
- Lancelot Equity Ltd (https://gocapitalfx.com and https://gocapital123.com);
- TQR Trade” (https://it.tqrtrade.com);
- Sucaba Enterprise Ltd (www.ptbanc.com);
- CMP24 Ltd (www.cmp24.com);
- Capital Tech Limited (www.pbncapital.com);
- PayPeq Holdings OÜ (www.investus.fm);
- Madar Partners Ltd (www.axeinvest.com); – Swissinv24 Ltd (https://swissinv24.com);
- Codexfx Ltd (www.codexfx.com);
- A Corp Ltd (www.londonfuturemarket.com);
- Apsilon Ltd (www.grandfxpro.com);
- Dubai FXM Ltd (www.dubaifxm.com and www.dubaifxm24.com);
- Light Media Ltd (https://it.wincapitalpro.com);
- Global Es Ltd and Sonartech OÜ (www.capitalfmi.com);
- Brokerz Ltd and All Media Eood (www.brokerz.com);
- London Capital Ltd (www.londoncapitaltrade.com);
- Pmt247 Ltd (www.pmt247.com).
The Authority informs that “site blackout activities are underway by internet connectivity providers, which operate on the Italian market. For technical reasons, the actual blackout may take a few days"
