CONSOB Continues to Block Fraudulent Websites


Italy’s Companies and Exchange Commission (CONSOB) announced that it has continued to block the access from Italian territory to more unauthorized investment websites. They include: of DevTech Holding, of Capitrades, of Dzikanta Limited, of FUNDIZA Ltd, of GS4trade Invest Limited, of Nata Trade Limited, of Medica Trade, of Plus CFD Ltd, and of Felicity Group Ltd.

CONSOB has the right to order Internet service providers (ISPs) to deny access from Italy to websites offering financial services without proper authorization. Thus, the number of websites blocked by CONSOB exceeded 500. Most of these websites offer CFD trading on currency pairs and cryptocurrencies.


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