"Be aware of fraud!" Consob website warnings and resources for the prevention of financial frauds (Press release of October 18th, 2018)
"Beware of fraud!" (http://www.consob.it/web/area-pubblica/occhio-alle-truffe) is the new resource of Consob website to alert consumers and investors, warning them to escape from financial frauds and to avoid of being involved in their practice in the making of financial online transactions.
In very few steps, following the path of "Beware of fraud!" all users can effectively realize the basics of the online financial offers and they can decide with the help of Consob to behave differently in the case these offers being submitted by authorized dealers or not.
Through "Beware of fraud!" all users can easily navigate among the main online resources of the Authority, responsible for regulating the Italian financial markets.
Consob recommends to all users to use extensively "Beware of fraud" and the information included into Consob's website, to minimize the risk of frauds linked to trading online financial offers, often made by unauthorized subjects.
"Beware of fraud" also includes a section dedicated/updated to all the alerts and warnings made by Consob in connection to unauthorized offers of financial products and services. Consumers should remember the website includes with all details the universe of authorized firms which can operate throughout Italian financial markets. All non-specified firms can be necessarily both unauthorized or potentially illegal ones. "Beware of fraud" is the first step to avoid all financial frauds!
For supplementary info's, web users and investors are encouraged to contact directly Consob desk offices, through the web link http://www.consob.it/web/consob/chiedi-alla-consob or by the telephone number +39.06.8477611. In all cases they are encouraged to send - whenever possible - a detailed report from http://www.consob.it/Esposti-web/home?jf.menuId= .
For more detailed evidence, see the section called Consob Investor protection warnings in the weekly Consob newsletter. ConsobInforms provides summary information about the most important measures adopted by the Commission and the latest developments in the securities markets, in order to keep readers informed about the Commission's activity. The English translation is published on Consob website on the first working day of any week.