Italy’s Companies and Exchange Commission (CONSOB) has ordered the blocking of access to five websites that offer financial services illegally.

The websites targeted by the latest CONSOB orders are:

• “CCBIGLOBAL” (website https://ccbiglobal.com and related pages https://clientzone.ccbiglobal.com and https://wt.ccbiglobal.com);
• “Torotrades24” (website https://torotrades24.com and related pages https://clients.torotrades24.com and https://trading.torotrades24.com);
• “Partners-Swiss” (website https://partners-swiss.com and related pages https://clientarea.partners-swiss.co and https://web-trader.partners-swiss.co);
• Wallwood Capital Management Limited (“Privanet Securities”) (website https://privanetsecurities.com and related page https://client.privanetsecurities.com).
• “AurosAi” (website https://myauros-ai.com and related page https://account.myauros-ai.com).

This brings to 1,527 the total number of websites blocked by Consob since July 2019, when the Authority was granted the power to order the blocking of the websites of unauthorized financial intermediaries by the “Growth Decree” (Law No. 58 of June 28, 2019, Article 36, paragraph 2-terdecies).

Internet service providers operating in Italy are currently blocking the websites. For technical reasons, the actual blocking may take several days.

Consob draws investors’ attention to the importance of exercising utmost diligence in making fully informed investment decisions, adopting common sense practices that are essential for safeguarding their savings.