Consob warns of initiatives to deceive investors

Consob, on the basis of reports received from users, is finding frequent initiatives to the damage of investors put in place through the internet and/or telephone that have over time been the subject of previous communications to protect investors and can be traced mainly to the following types:

a initiatives of abusive financial operators who misuse the name and image of celebrities, mostly from the world of entertainment and sports, to induce investors, behind promises of easy gains, to adhere to alleged investment proposals or related to the alleged purchase of crypto- assets;

b) self-styled debt collection companies that - sometimes even illegitimately using the name and logo of CONSOB or other Authorities - contact investors who are victims of abusive financial operators by promising them, for payment of a cash fee, the possibility of obtaining the repayment of the sums already invested, but then also taking these additional sums of money without providing any service;

c) advertising campaigns promoted by unidentified subjects who unduly use the notoriety of leading companies (such as Amazon, Poste Italiane, Eni or Fininvest) to propose fictitious investments in shares of the same companies.

Consob warns investors of the risks inherent in such initiatives and reminds them that Consob does not carry out any activities aimed at promoting adherence to investment opportunities nor does it send communications by which it requests the payment of sums of money or the sending of personal data for investment purposes.

Rome, February 19, 2024