Press release of 5 February 2026 (black out websites) - CONSOB AND ITS ACTIVITIES
PRESS RELEASE
As part of its efforts to combat financial fraud, Consob has ordered the blocking of a total of 7 websites.
In particular, Consob ordered the blocking of six new websites offering investment services without authorisation and one website (https://savitpay.com) offering financial products to the public without a prospectus.
Below is a list of the websites ordered to be blocked: >
- "Longsharks Capital" (website https://longsharks.com and related page https://client.longsharks.com);
- "TradeOptimal" (website www.trade-optimal.com and related page https://client.trade-optimal.com);
- "ALLX" (website https://allxcapital.com and related page https://client.allxcapital.com);
- "TF Global Market" (website https://tfglobalmarket.com and related page https://client.tfglobalmarket.com);
- "MEXCFD.com" (website https://mexcfd.com and related page https://client.mexcfd.com);
- "Fil Investment Management" (website https://filinvestmentmanagement.com and related page https://client.filinvestmentmanagement.com);
- "Savitpay" (website https://savitpay.com).
This brings the total number of websites blocked by Consob since July 2019, when the Authority was given the power to order the blocking of websites of abusive financial intermediaries, to 1,562.
The Authority has exercised the powers conferred upon it by the "Growth Decree" (Decreto Crescita) to block the websites of abusive financial intermediaries, as well as the power introduced by Law No. 8 of 28 February 2020, Article 4, paragraph 3-bis, regarding the blocking of websites through which abusive offers are made.
The measures adopted by Consob are available on the website www.consob.it. Internet connectivity providers operating in Italy are currently working to block access to the websites. For technical reasons, it may take a few days for the blocking to take effect.
It is important that savers exercise the utmost diligence in making fully informed investment choices, adopting common sense behaviours that are essential for safeguarding their savings: these include checking in advance, for websites offering investment and crypto-asset services, that the operator through which you are investing is authorised and, for financial and crypto-asset product offerings, that the prospectus or white paper has been published.
Consob also draws attention to the evolution of deceptive practices that exploit the internet to steal users' money and personal data: there has been an increase in the use of new tools, such as e-mail messages and 'cloned' websites, fake profiles of politicians and celebrities, and content generated using artificial intelligence systems - such as images, voices or videos - with the aim of inducing savers to make harmful investment choices.
To this end, Consob reminds investors that its website features a section entitled 'Watch for scams!', which provides useful information to warn investors against abusive financial initiatives.
