One of the tasks entrusted to the Financial Services and Markets Authority (FSMA) is to combat unlawful activities in the area of financial investments. It publishes a dashboard that provides statistics and an overview of the main trends regarding investment fraud. Today, it is publishing the dashboard for the second semester of 2024, which will also include the figures for the whole year 2024.
This edition of the dashboard focuses notably on the following items:
For the second semester:
- Consumers’ reports concerning cryptocurrency scams or fraudulent trading platforms account once again for about half of the reports with regard to fraud handled by the FSMA.
- Between July and December 2024 Belgian consumers reported having collectively lost 15,904,356.38 euros due to fraud.
For the whole year:
- In 2024, the FSMA received a total of 2621 reports regarding unauthorized activities, a 20% increase from 2023.
- Throughout 2024, the FSMA published a total of 16 warnings regarding a total of 297 fraudulent entities and 396 websites.