phishing - CONSOB AND ITS ACTIVITIES
Watch for PHISHING!
BEWARE OF FAKE PHONE CALLS AND E-MAILS in the name of CONSOB!
Consob warns against the risk of scams perpetrated by unknown individuals who, presenting themselves illegally as Consob, contact the general public by telephone or email, soliciting payments in money or cryptocurrencies.
In this regard, it should be noted that Consob never directly addresses investors - by telephone or email - with the request for payments of sums of money or cryptocurrencies (see also Consob Notice of 6 April 2021: Illegal use of the Consob acronym and logo), relating to "blocked" accounts or demanding the transmission of personal or bank data. These are fake and bogus requests that should be disregarded.
Consob official correspondence is sent through:
- certified email from the official certified email address: email@example.com;
- ordinary email from the official email addresses: firstname.lastname@example.org or email@example.com.
Those in doubt, before answering emails or telephone enquiries from persons using the name "Consob", can contact Consob via the SIPE (Integrated System for External User)/Ask Consob form or on +39 06 84771.
Further details-watch out for scams
measures against abusive sites- watch for scams
Consob interventions for the blackout of abusive online trading sites - Supervisory powers attributed by the "Growth Decree" (from 30.6.2019) and for the blackout of websites offering financial products and / or advertising offers of financial products without complying with the legislation on the publication of the prospectus (Supervisory powers attributed by the "Milleproroghe" Decree (from 1.3.2020)
Consob quarterly interventions against abusive activities pursuant to art. 7-octies of the Legislative Decree no. 58/1998 (from 1.1.2019 to 30.6.2019)
further insights-watch out for scams
G20/OECD High-Level Principles on Financial Consumer Protection of 12 December 2022
Consob warning of 31 October 2022: Alleged purchase of Amazon shares
ESAs warning of 17 March 2022 on the risks of crypto-assets
Consob and Bank of Italy warn against risks inherent in crypto-assets (Press release of 28 April 2021)
Consob statement on cases of exceptional volatility in the trading of stocks and the use of social forums and web trading platforms
Consob warning of 6 April 2021: Illegal use of the Consob acronym and logo
ESMA Report on Trends, Risks and Vulnerabilities of 17 March 2021
ESAs warning of 17 March 2021 - Crypto-assets: ESAs remind consumers about risks
ESMA warning of 17 february 2021 on the risks to retail investors of social media-driven share trading
Consob warning of 5 February 2021: Advertising initiatives that use illegitimately the image of celebrities
FCA warning of 11 January 2021 on the risks of investments based on crypto-assets
Consob warning of 18 May 2020 about the practice adopted by abusive financial operators who improperly use the name and image of celebrities to promise easy earnings
Consob warning of 12 May 2020 on other Supervisory Authorities warnings about fraudulent initiatives during the Coronavirus pandemic
Consob warning of 9 April 2020 on fraudulent initiatives taking advantage of the Coronavirus pandemic (Covid-19)
FINMA news of 11 September 2019: communication on "stable coins" (Libra)
Esma notice of 9 January 2019: Initial Coin Offerings and crypto-assets FINMA
ESAs warning of 12 February 2018 on the risks of virtual currencies
Consob warning of January 2017: risks for consumers: sale of diamonds
video-watch out for scams
"Balance the books" - Financial scams. Speech by dr. Oscar Costantini, Consumer Protection Division (Uno Mattina in Famiglia, Rai Uno of 19 March 2023)
"Money does not go into lockdown". Speech by dr. Mauro Lorenzoni (Rai News - News 6.30 pm of 14 November 2020)
"Trading online, watch out for easy earnings". Speech by dr. Mauro Lorenzoni ("Mi manda Rai tre" of 14 September 2020)
Watch out for scams and Ponzi scheme: interview with Deputy Director General Giuseppe D'Agostino on 29 May 2019
Finance on Stage: "Watch out for scams!" (video of 20 November 2018)