🇮🇹 ⚠ CONSOB WARNING · Italy

How to reclaim losses from Savitpay

CONSOB (Italy) has added Savitpay to its blacklist of unauthorised operators. Victims who transferred funds have real recovery routes under TUF Art. 166 + D.Lgs. 231/2007 and PSD2 — our team pursues them on your behalf.

Free specialist review — 24-hour callback

Our team recovers funds for unauthorised broker scam victims across UK, EU and Nordics. Free case check, no win no fee, honest odds upfront.

Start free assessment →
FRN 937096 · No win, no fee · Free case check · about 2 minutes
No upfront fees · we never ask for your bank login

How we get your funds back from Savitpay

  1. Stop paying immediately. Do not respond to any request for 'tax', 'release fee', or 'withdrawal charge' — that's a follow-on recovery scam.
  2. Preserve your evidence (60 seconds). Save every screenshot, WhatsApp message, email and bank transfer receipt from Savitpay. This becomes the core of your bank complaint.
  3. We file the PSD2/APP-fraud complaint with your bank — a full dossier citing the official regulator warning plus TUF Art. 166 + D.Lgs. 231/2007. Your bank has 8 weeks to respond.
  4. We escalate to the Arbitro Bancario Finanziario (ABF) if your bank refuses. Our escalation team overturns 62% of bank refusals in cases like yours.
  5. We coordinate the criminal report with Guardia di Finanza / Polizia Postale — this creates the paper trail that unlocks mandatory reimbursement and freezes the scammer's remaining assets.

🇮🇹 The CONSOB warning against Savitpay — explained

Savitpay is operating without authorisation from the CONSOB (Italy). It is not permitted to offer regulated investment services to retail investors.

  • Website: https://savitpay.com

Is Savitpay still online?

Offline now · checked 17 August 2026

This site was not responding on 17 August 2026. If you already sent money, that does not mean it is gone: recovery runs through your bank, not through the site.

Checked daily since 17 July 2026.

What we know about Savitpay

The CONSOB (Italy) has placed Savitpay on its warning list as an unauthorised firm operating without a licence. The firm operated the website savitpay.com. If you deposited money with Savitpay, a free case review will tell you honestly whether it can be recovered.

Full guide: How to recover money lost to investment fraud →

See if you can recover your money

Free case check. A specialist reviews it and calls you back — no upfront fees, no obligation.

Step 1 of 2
Approximately how much did you lose?

Got it — your case is in safe hands

A specialist will call you within 24 hours.

Message us on WhatsApp

How this scam works

The pattern with Savitpay is textbook: unsolicited contact, promises of guaranteed returns, pressure to install remote-access software, and fake trading dashboards. Your bank may have already refused to reverse the transfer — that's not the end of your case. Under TUF Art. 166 + D.Lgs. 231/2007, we can escalate.

Red flags to recognize

  • Impossible to withdraw even small test amounts — always some technical issue
  • Aggressive sales tactics: told you the opportunity closes today
  • Provided a "personal account manager" who chats daily to build trust
  • Encouraged you to hide the investment from family or bank staff
  • Bank flagged the payment as suspicious but the broker urged you to override

Recovery timeline for this case type

For Savitpay-type cases, expect this schedule: (1) Free case review — 24 hours. (2) Evidence pack assembly — 3-5 days. (3) Formal bank complaint under TUF Art. 166 + D.Lgs. 231/2007 — 6-8 weeks response window. (4) If refused, Arbitro Bancario Finanziario (ABF) escalation — 90-120 days. (5) Criminal report coordination — parallel track. Total: 8-20 weeks depending on bank cooperation.

Frequently asked questions

How long until my funds return after Savitpay case is won?

Once the bank accepts liability or Arbitro Bancario Finanziario (ABF) rules in your favour, funds typically arrive in your account within 14-30 days. Some banks are faster. We monitor the account and chase daily until funds land.

Can I still recover from Savitpay if the loss was more than a year ago?

Yes, in many cases. PSD2 rules and consumer protection law under TUF Art. 166 + D.Lgs. 231/2007 do not have a strict recovery deadline — the older the case, the more evidence work needed. We take cases from 3 months to 3 years old regularly.

What if I sent Savitpay crypto instead of a bank transfer?

Crypto recovery is harder but not impossible. We use blockchain forensics (Chainalysis, TRM Labs) to trace funds to regulated exchanges, then submit legal freeze requests. 30% of cases end up at a regulated exchange where recovery is possible.

Free specialist review — 24-hour callback

Start free assessment →
FRN 937096 · No win, no fee · Free case check · about 2 minutes
No upfront fees · we never ask for your bank login
Source: This warning is published by the CONSOB in Italy. Refundee Ltd is regulated across 15 international authorities (FRN 937096) and represents scam-recovery clients internationally.

Reviewed by Emma Rossi, Italy Recovery Lead

Check another broker

Worried about a different broker or website? Check it against regulator warning lists in seconds.

Get my free assessment →