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French AMF Shuts Down 181 Fraud Investment Sites in 2024 as Losses Hit Almost €30K per Victim

Summary by Finance Magnates | Financial and Business News
France's financial markets authority disclosed that victims of investment scams lost an average of €29,500 in 2024. The regulator imposed €26.5 million in sanctions as enforcement efforts reached new heights amid a surge in digital fraud targeting younger investors.French Investors Lose €29,500 on Average to Online Scams in 2024The Autorité des marchés financiers (AMF) reported that 15% of French citizens believe they have been victims of financ…

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Globo broke the news in Brazil on Monday, May 26, 2025.
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