CONSOB Continues to Block Fraudulent Websites

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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: capital-swiss.com of DevTech Holding, capitrades.com of Capitrades, euromts.uk of Dzikanta Limited, fundiza.com of FUNDIZA Ltd, gs4trade.com of GS4trade Invest Limited, nata-trade.com of Nata Trade Limited, medicatrade.cc of Medica Trade, pluscfd.co of Plus CFD Ltd, and unionstock.cc 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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