AMF warning: Unauthorised websites offering shares in La Française des Jeux

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 Published on November 14, 2019.

The AMF has observed keen interest from investors since the announcement of the privatisation of the La Française des Jeux lotteryoperator. At the same time, it has noted the appearance of several fraudulent websites offering to sell La Française des Jeux shares toinvestors 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 everrecovering them, the regulator calls on investors to be vigilant and show discernment with regard to these platforms. It reminds investorsthat 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 listof 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 theyare in breach of the applicable legislation, or even acting fraudulently.

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