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News releases AMF: 2018

The Autorité des marchés financiers warns the public about case of fraudulent use of the names and contact details of the SICAV Objectif Finance Investissements (OFI)

Published on December 7, 2018

The regulator is warning the public against the fraudulent use of the names and contact details of the Sicav Objectif Finance Investissements (OFI).

Individuals falsely claim to belong to Objectif Finance Investissements (OFI) and make fraudulent use of the name and details of that company. Those individuals contact the savers with the supposed aim of redemption of « investment blue gems » that would have been purchased on illegal platforms, subject to a deposit.

The AMF recommends that investors do not take up these solicitations and do not communicate them to third parties, in any form whatsoever.

Lastly, the AMF reminds investors and individuals responsible for marketing investment products to follow these safety guidelines before making any investment:

  • no advertising materials should make you overlook the fact that high returns always involve high risk;
  • learn as much as you can about the company or intermediary trying to sell you a product (authorization/certification, company history, location of head offices, etc.);
  • only invest in a product you understand;
  • ask yourself how, and by whom, the purchase price or selling price of the advertised product is set, and find out the precise terms and timeline for selling the product, especially in cases where the product invests in an asset class with low liquidity.

  

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

 

Do you have any questions? For all information, go to the following websites:
Assurance-Banque-Épargne Info Service : https://www.abe-infoservice.fr/ or call 0811 901 801, Mondays to Fridays from 8am to 6pm.
AMF : https://www.amf-france.org/ or call 01 53 45 62 00, Mondays to Fridays from 9am to 5pm.
ACPR : https://acpr.banque-france.fr/ 

 

Press conctact:
AMF Communication Directorate - Caroline Richard - Tel: +33 (0)1 5345 6039 or +33 (0)1 5345 6028

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Legal information
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