Press release of 20 March 2025 - Financial abusiveness - CONSOB AND ITS ACTIVITIES
PRESS RELEASE
Consob has ordered the black-out of 8 new websites through which financial services are abusively offered or services for crypto-activities are abusively provided. In details, Consob ordered the blackout of 3 abusive financial intermediation websites and 5 websites through which crypto currency services are abusively provided.
The Authority made use of the powers deriving from the "Decreto crescita" ("Growth Decree", converted by Law No. 58 of 28 June 2019) regarding the black-out of websites of abusive financial intermediaries, as well as of the powers introduced by the MiCAR (Regulation (EU) 2023/1114 and Legislative Decree No. 129 of 5 September 2024) regarding the black out of websites through which crypto currency services are provided to Italian savers in the absence of the prescribed authorisations.
Below are the websites Consob has ordered to be blacked out:
- “Monetizeer”, website www.monetizeer.top (resolution no. 23476 of 19 March 2025);
- “Liberty Invested Limited”, website https://libertyinvestedlimitedltd.com and related page https://cfd.libertyinvestedlimitedltd.com (resolution no. 23475 of 19 March 2025);
- “AlfacapitalCFD”, website https://alfacapital-cfd24.com and related page https://client.alfacapital-cfd24.com (resolution no. 23477 of 19 March 2025);
- “AKQ”, websites https://akqa715.it and https://AKQ1181.it (resolution no. 23480 of 19 March 2025);
- “Fameexn”, websites https://fameexe.top and https://fameexj.top (resolution no. 23479 of 19 March 2025;
- “ArgonInternational”, website https://argonintgroup.com and related page https://cfd.argonintgroup.com (resolution no. 23478 of 19 March 2025).
The number of websites blacked out since July 2019, when Consob got the power to order that the websites of fraudulent financial intermediaries be blacked out, has thus risen to 1260.
The measures adopted by Consob can be consulted on the website www.consob.it.
The black-out of these websites by Internet service providers operating on Italian territory is ongoing. For technical reasons, it can take several days for the black-out to come into effect.
Consob draws investors' attention to the importance of adopting the greatest diligence to make informed investment choices, adopting common sense behaviours, essential to safeguard their savings: these include, for websites that offer financial services, checking in advance that the operator with whom they are investing is authorized, and, for offers of financial products, that a prospectus has been published.
To this end, Consob would remind you that on the website www.consob.it there is a section on the homepage, “Watch for Scams!", providing useful information to warn investors against financially unauthorized initiatives.
