The Autorité des Marchés Financiers (AMF) warns the public against the activities of certain websites offering to sell shares of La Française des Jeux without authorisation
The AMF has observed keen interest from investors since the announcement of the privatisation of the La Française des Jeux lottery operator. At the same time, it has noted the appearance of several fraudulent websites offering to sell La Française des Jeux shares to investors without authorisation. The name of La Française des Jeux is likely to be used improperly here.
Given the regular scams in which sums entrusted by individuals to false intermediaries simply disappear, with no possibility of ever recovering them, the regulator calls on investors to be vigilant and show discernment with regard to these platforms. It reminds investors that investment advice and the subscription of shares on behalf of clients are regulated activities.
To ensure that the intermediary offering banking or financial products or services is authorised to operate in France, you can view the list of authorised investment service providers (https://www.regafi.fr) or the list of authorised intermediaries in the financial investment advisor (FIA) category (https://www.orias.fr/search).
If the service provider is not on either of these lists, we strongly recommend that you disregard their requests to use their services, as they are in breach of the applicable legislation, or even acting fraudulently.
Generally speaking, the AMF reminds individuals to apply due diligence rules before making any investments:
- Find out more about the companies or intermediaries that are trying to sell you a product (company name, country of establishment, civil liability, organisation rules, etc.);
- Invest only once you have made sure that the offer is a serious one;
- Consult black lists as well as the AMF’s alerts table that can be found below.
|Do you have any questions? You can find information on the website of the Autorité des marchés financiers:
AMF: https://www.amf-france.org or call +33 (0)1 5345 6200, Mondays to Fridays from 9am to 5pm.
You can also download the AMF Protect Epargne application, available on IOS or at the following browser link: https://protectepargne.amf-france.org/
About the AMF
The AMF is an independent public authority responsible for ensuring that savings invested in financial products are protected and that investors are provided with adequate information. The AMF also supervises the orderly operations of markets. Visit our website https://www.amf-france.org
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