False Sureties: How to Recognize Them, Avoid Scams, and Defend Yourself

The phenomenon of false sureties (fideiussioni false) is rapidly growing in Italy: it’s estimated that hundreds of millions of euros in counterfeit policies circulate every year. This is a huge risk that can affect both companies and private individuals.

In this guide, you will find practical tools, checklists, and real-life cases to protect yourself from scams and defend your interests.

What is a False Surety?

A false surety is a guarantee that is counterfeit or issued by an unauthorized company. It should not be confused with a surety that is simply invalid (for example, because it does not meet the requirements of a tender).

The risks are extremely high: in addition to financial damage, you incur very serious legal and reputational consequences.

The Most Common Signs of a Counterfeit Surety

Here are some red flags you should not ignore:

• Extremely low price.
• Immediate issuance with no document request.
• Use of fake websites or PEC (Certified Email) addresses.
• Lack of registration with IVASS (Institute for the Supervision of Insurance) or the Bank of Italy.
• How to Verify a Surety

Here are all the tips from ANAC (National Anti-Corruption Authority) to protect yourself from fraud.

To protect yourself, always perform preventive checks:

• Reference Authorities: IVASS, Bank of Italy, or foreign supervisory bodies.
• Required Documents: IVASS registration number, stamp, and legal representative’s signature.
• Best practice: Contact the insurance company directly, not the contact details indicated on the document.

Discover how to verify a surety issued by a foreign company

FAQ – How to Recognize a False Surety

Real Cases and Official Warnings

Case study 1: The Visenta Case

Case study 2: IVASS Warnings on Unauthorized Companies

Checklist for Recognizing an Authentic Policy

An authentic surety policy must have:

• Authorized issuing company.
• IVASS registration number.
• Legal signature and official stamp.
• Firma legale e timbro ufficiale.
• Price proportionate to the guaranteed amount.

What to Do if You Suspect a Scam

• Keep all documentation.
• Immediately contact IVASS (toll-free number 800-486661).
• Consult a specialized lawyer.

False sureties represent a concrete danger, but recognizing them is possible. The best defense is preventive verification.