Italy’s Companies and Exchange Commission (CONSOB) today announced that it has ordered the blocking of access to six unauthorized investment websites.

The websites targeted by the latest orders are:

• Mir-Partner (website https://mir-partner.cm and related pages https://client.mir-partner.cm and https://webtrader.mir-partner.cm);
• Capital Trading Group (website https://capitaltradect.co and related page https://app.capital-trading-group.com);
• Gravmor (website https://gravmor-company.com and related pages https://inv.gravmor.com and https://inv.personalcabinet.cc);
• White Mint Financial Company s.r.o. (website https://algosone.ai and related page https://app.algosone.ai);
• AxiTrader LLC (website www.axi.com and related pages https://auth.app.axitp.com, https://clientportal.axi.com, https://help.axi.com);
• “Trilessyum” (https://trilessyum.net and https://webtrader.imprios-pendorim.com).

This brings the total number of sites blocked by Consob since July 2019, when the Authority was granted the power to order the blocking of the websites of unauthorized financial intermediaries to 1,763. Of these, 217 concern crypto-related activities.

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

Consob notes the evolution of deceptive practices that exploit the Internet to steal users’ money and personal data. There has been an increase in the use of new tools, such as “cloned” emails and websites, fake profiles of political figures, celebrities, and content generated by artificial intelligence systems—such as images, voices, or videos—with the aim of inducing savers to make harmful investment decisions.