Consob ha overshadowed 1.000 financial sites in just under five years of activity. The goal was reached after the last "squeeze", with names as glamorous as Bitblanco, StormInvest, Cryptogo365, TCRinvest ed EuroXTradeFX who illegally offered financial services. Sore point: the possibility of recover your money are minimal, given that behind scam sites there are often fictitious companies with headquarters in tax havens.
Since July 2019, thanks to the "growth decree" (law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies) Consob has "magical powers" to block sites that offer financial services without authorization. Only 54 months later, the supervisory commission made the big announcement after blacking out the 5 new scam sites. But he warns: for technical reasons the actual darkening may take a few days.
The most common online scams
Lo scam scheme it's always the same: using tempting bait, such as fake testimonials or celebrity names, to convince people that the earnings are easy and amazing.
Most of the blocked sites proposed signals unauthorized on derivatives, stock market securities e cryptocurrency. Victims were lured with call centers and false promises of earnings. After paying the money, the scammer vanished into thin air. Some victims were then lured by debt collection agencies fictitious or by an alleged Consob, which promised to recover the losses, revealing a scam within the scam.
Lures also included investments safe in tech companies like Amazon, Tesla e Google. Sometimes, scammers use the Ponzi scheme (an evergreen), attracting new investors with promises of easy profits, until the system collapses. Many methods, one goal: to obtain revenues illegally.
Creativity in financial deception seems to know no limits, but the story remains the same: attractive promises that often turn out to be empty. A classic that never goes out of fashion in the world of scams.
Financial scams: advice from Consob
The commission chaired by Paolo Savona underlined the importance of diligent and conscious use of investments, inviting citizens to verify the authorization of operators and the publication of the information prospectus for financial offers. In this regard, he recalls that on the commission's website the section "Watch out for scams!”, where they are available information to warn investors against abusive financial initiatives.
