Online scams

Consob bans 6 websites for abusive financial services

The pages - which will be technically blacked out in a few days - promoted advertising campaigns for unauthorised trading platforms. Details on the Authority's website

by Finance Review

27 November 2025

2' min read

Translated by AI

Versione italiana

2' min read

Translated by AI

Versione italiana

Consob ordered the blocking of six websites that abusively offered financial services or promoted advertising campaigns for unauthorised trading platforms.

Among the sites that were blacked out was https://paladinoselegancia.com, through which an abusive brokerage platform was advertised that made undue use of the image of journalist Sigfrido Ranucci, presenter of Report on RaiTre. The other five blacked-out sites on which the Authority intervened abusively offered financial intermediation services.

Consob draws the attention of savers to the evolution of deceptive conduct that exploits the internet and social media to appropriate users' money and personal data. Today, abusive operators resort to sophisticated tools, such as 'cloned' messages and websites, fake profiles of celebrities and content generated with artificial intelligence systems - such as images, voices or videos - with the aim of luring savers into a trap.

The sites for which Consob ordered the blackout are:

- "Mrx Capital Trading" (website https://mrxcapitaltrading.co and related page

https://trading-area.mrxwebtrading.co);

- "FtseWebTrader" (website www.ftsetradeai.com and related pages

https://client.ftsetradeai.com and https://webtrader.ftsetradeai.com);

- "Aurora Trade Limited" (website https://aurora-trade.io and related page

https://cfd.aurora-trade.io);

- "Horizon Options247" (website https://horizonoption247.com);

- Aitrade24' (website https://aitrade24.net and related page

https://webtrader.aitrade24.net);

- "https://paladinoselegancia.com - Bitplex".

This brings the total number of sites blacked out by Consob since July 2019 to 1496, since when the Authority has been endowed with the power to order the blacking out of the websites of abusive financial intermediaries.

Consob reiterates the importance of using the utmost diligence in order to make investment choices in full knowledge of the facts, calling on savers to adopt common-sense behaviour, which is essential to safeguard their savings: these include prior verification, for sites offering financial services and crypto-assets, that the operator through which one invests is authorised and, for offers of financial products and crypto-assets, that the prospectus or white paper has been published. On the homepage of www.consob.it is the section 'Watch out for scams!', where useful information is available to warn investors against abusive financial ventures.

Consob made use of the powers deriving from the 'Growth Decree' (converted by Law 58 of 28 June 2019) in relation to the obscuring of the websites of abusive financial intermediaries as well as the powers introduced by the 'Capital Law' (Law 21 of 5 March 2024) in relation to the obscuring of websites through which advertising campaigns are carried out targeting abusive intermediation platforms. The measures adopted by Consob can be consulted at www.consob.it.

Site blackouts by Internet connectivity providers operating in Italy are underway. For technical reasons, the actual blackout may take several days.