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Consob Orders Blocking of 3 Websites for Unauthorised Investment Services

19 hours ago BrokersView

The Italian financial regulator, Commissione Nazionale per le Società e la Borsa (Consob), has ordered the blocking of three websites that were offering investment services without the required authorisation.

 

The action forms part of Consob’s ongoing efforts to combat abusive financial intermediation and online investment fraud. The Authority exercised its powers under the Growth Decree (Law No. 58 of 28 June 2019), which enables the regulator to order internet service providers to block access to websites operated by unauthorised financial intermediaries.

 

With this latest measure, the total number of websites blocked by Consob since July 2019 has risen to 1,588.

 

Websites Ordered to Be Blocked

The following websites have been ordered to cease operations:

Firm

Website

Screenshot

IG Group 24

https://iggroup24.life
https://my.24igg.to

Mont Blanc Investment Ltd

https://montblancltd.com
https://client.montblancltd.com

 /

Activ Markets

https://activmarkets.org
https://webtrader.ac-markets-webtraderplatform.org

The measures adopted by Consob are available on its official website. Internet service providers operating in Italy are currently implementing the blocking orders, though technical processes may require several days before access is fully restricted.

 

BrokersView reminded investors to exercise maximum diligence when making investment decisions, including verifying whether an operator offering investment or crypto-asset services is authorised and ensuring that any financial or crypto-asset offering is accompanied by an approved prospectus or white paper.

 

The regulator also warned about the growing sophistication of online fraud, highlighting the increasing use of cloned websites, deceptive emails, fake profiles impersonating politicians or celebrities, and AI-generated content such as images, voices, and videos designed to mislead investors.

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