Discover the alarming rise in financial scams in France and how scammers target victims using digital currency schemes.
A worrying statistic shows a significant increase in financial scams in France, prompting authorities to react. According to a survey by BVA Xsight for the French Financial Market Regulator (AMF), the rate of financial scam victims in 2024 has reached 3.2% of adults, nearly triple the 1.2% in 2021. The average damage in digital currency scams is reported at 29,000 euros, with young men under 35 being the most targeted victims. Scammers are using AI-generated content, falsifying financial institutions’ identities, and new methods like square fraud to lure victims.
