One of the tasks entrusted to the Financial Services and Markets Authority (FSMA) is to combat unlawful activities in the area of financial investments. Since last July, it has been publishing a dashboard that provides statistics and an overview of the main trends regarding investment fraud. Today, it is publishing the dashboard for the first semester of 2023.
This edition of the dashboard focuses on the following items:
- Consumers’ reports concerning cases of identity theft account for a little under one in six questions with regard to fraud handled by the FSMA. This trend is on the rise.
- Reports of 'recovery room' fraud cases have increased by more than 160% compared to the same period last year.
- Reports to the FSMA of unauthorized or fraudulent activities have increased by 20% compared to the first semester of 2022. During the first six months of the current year, the FSMA received a total of 924 reports regarding such practices.
- 48% of these reports are complaints from consumers who have lost money.
The dashboard is available on the website of the FSMA.