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2 clusters · 5 sources · 29 days · First seen · Last updated

Bulgarian Financial Supervision Commission consumer safety

Overview

The Financial Supervision Commission (FSC) initiated a digital outreach program through its #InvestSafely Facebook page, designed to improve financial literacy and consumer protection across the non-banking financial sector, including insurance and capital markets.

Following this launch, the FSC issued a specific warning regarding fraudulent actors on Facebook. These scammers have been using fake profiles to impersonate the Association of Management Companies (BAUD), utilizing its visual identity to deceive citizens into engaging in fraudulent asset management and financial transactions. The Commission advised investors to verify the authenticity of profiles and consult official lists of licensed companies to avoid financial fraud.

Entities

Financial Supervision Commission · Facebook · Ministry of Interior · Association of Management Companies · Bulgaria

Timeline

  1. [BUSINESS] 5 sources
    Bulgarian Financial Supervision Commission warns of Facebook investment scams

    The Bulgarian Financial Supervision Commission warned of Facebook scammers impersonating the Association of Management Companies to promote fraudulent investment schemes.

  2. [BUSINESS] 2 sources
    Financial Supervision Commission launches Facebook page for investment safety

    The Financial Supervision Commission launched a new Facebook page to promote financial literacy and help investors recognize risks in the capital and insurance markets.

Sources

dariknews.bg · moreto.net · novini247.com · otomobil.haber3.com · vesti.bg