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Influencers in the sights of Bercy

2021-12-28T18:09:15.623Z


The state fights against the advertising of financial products on social networks. “Become rich before 30”. Deceptive marketing practices in the field of financial services have exploded over the past year on social networks, especially among influencers. These personalities with hundreds of thousands of subscribers on Instagram, Snapchat or TikTok share false tips in their community to encourage them to learn trading. At a time when a classic investment like the Livret A is onl


“Become rich before 30”.

Deceptive marketing practices in the field of financial services have exploded over the past year on social networks, especially among influencers.

These personalities with hundreds of thousands of subscribers on Instagram, Snapchat or TikTok share false tips in their community to encourage them to learn trading.

At a time when a classic investment like the Livret A is only remunerated up to 0.50%, influencers promise

"high risk-free"

returns

with one click.

Without mentioning that they have been paid to advertise it, they notably extol the merits of unstable financial products, such as cryptocurrencies like bitcoin or ethereum.

Read also

Instagram faces US senators

"Social networks and influencers have become the new entry points for investment scams

,

"

alerted the Paris prosecutor's office and the Financial Markets Authority (AMF) in December.

In 2021, investment scams cost half a billion ...

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Source: lefigaro

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