AMF warns the public about CapitalFrance
The Autorité des Marchés Financiers (AMF) is warning the public about the activities of CapitalFrance by drawing attention to the company's unlikely offers. The AMF also emphasises that CapitalFrance has not been authorised to provide investment services in France.
The company calling itself CapitalFrance Limited apparently has offices in France (L'Atrium, 37 avenue de Gramont 03200 Vichy) and the United Kingdom (Lloyd's Building Gallery 4, 12 Leadenhall Street, London). It markets a range of investments under the names Capital Patrimoine, Capital Avenir and Capital Evolution, which promise excessive monthly returns of between 4.3% and 5.8%.
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Go to our website http://www.amf-france.org or contact the AMF Investor Information team (AMF Epargne Info Service) on 01 53 45 62 00, Mondays to Fridays 9am to 5pm.
The company also offers to raise funds and lend them to business startups as part of a so-called high tech crowdfunding project. These investments purportedly earn interest of 8.5% per month.
The AMF warns the public against these unlikely offers. Moreover, CapitalFrance is not authorised to provide investment services in France.
For that reason, the AMF urges investors and the professionals that advise them not to respond to such offers or pass them along to third parties.
Do not believe any advertising message suggesting that there are high returns without high risk. In principle, any product displaying a rate of return higher than the money market rate (investors may also refer to the interest rate on a savings account such as the "Livret A" in France) carries significant risk.
AMF Communication Directorate – Florence Gaubert - Tel: +33 (0)1 53 45 60 34 or +33 (0)1 53 45 60 28
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Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02