Warnings


Consob warns investors, with a special notice, about the practice adopted by abusive financial operators who improperly use the name and image of celebrities to promise easy earnings

Consob warns investors, with a special notice, about the practice adopted by abusive financial operators who improperly use the name and image of celebrities to promise easy earnings and induce investors to subscribe to investment proposals.

In particular, Consob warns that parties not authorised to provide investment services, addressing savers mainly through websites and social media, improperly associate untruthful statements, interviews or images of public figures with services they unlawfully offer or provide. The purpose of this practice is to promote investment services to investors using the images of people well-known in various sectors without their knowledge.

(Consob warning of 18 May 2020)