The thing about Google is that they regularly get this stuff wrong, and there is no recourse when they do.
I think most people working in tech know the extent to which Google can screw over a business when they make a mistake, but the gravity of the situation becomes much clearer when it actually happens to you.
This time it's a phishing website, but what if the same happens five years down the line because of an unflattering page about a megalomaniac US politician?