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Coronavirus: beware of the risk of scams, warn the AMF and the ACPR


The stock market regulator (AMF) and that of the banking and insurance sector (ACPR) warned the public on Thursday against the risks of scams in the context of the coronavirus epidemic and market downturn financial.

Read also: Online scam: how to react to "webcam blackmail"?

" These fraudulent offers are likely to take various forms, " warn the Financial Markets Authority (AMF) and the Prudential Control and Resolution Authority (ACPR) in a joint statement.

" For example, investment proposals presented as a safe haven through tangible goods (such as gold, precious metals, grands crus or whiskeys, etc.) " or " false banking or insurance products combining very attractive characteristics (high yield and absence of risk, speed of subscription and absence of verification of the borrower's profile, etc.) ”, they detail.

These scams are also deployed in the form of “ fraudulent calls for donations or investments in companies, listed or not, supposed to take advantage of the epidemic and see their valuation increase ”, completes the press release. The coronavirus crisis has so far caused European stock markets losses of around 30% since their mid-February highs.

" In this period when the French have to confine themselves to their homes and make increased use of the Internet, the AMF and the ACPR invite them to redouble their vigilance in the face of telephone canvassing campaigns, fraudulent e-mails supposedly sent by a trusted third party (bank, administration, energy supplier, etc.) but also to online advertising banners referring to forms to fill in, ”recall the two authorities.

" The crooks use these techniques in order to collect personal data which will then be used in the context of fraud or for aggressive or manipulative canvassing in the case of financial scams, " added the press release.

Source: lefigaro

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