The Securities Market Commission (CMVM) warns of the spread of fraudulent advertisements on social networks and websites calling for a possible investment in Galp Energia shares.
These advertisements, linked to the message “All Portuguese have the opportunity to buy 10 shares of Galp for just 250 euros and receive regular monthly dividends of 3,000 euros” or similar messages, request personal data for subsequent contact and presentation of investments, the market regulator explained in a statement. published Wednesday evening.
In addition, the CMVM states that the advertisement “does not indicate,” in particular, which “entity is responsible” for it, and the situation “does not comply” with the legal regime applicable in Portugal to the provision of investment services and its advertisement in accordance with the Advertising Code and the Securities Code.
These announcements are also “not promoted” by GALP issuer Energia, whose shares are admitted to trading on Euronext Lisbon and are supervised by the CMVM, it adds.
CMVM warns investors of the risks involved in providing the information requested in the announcement: “All Portuguese have the opportunity to buy 10 shares of Galp for just €250 and receive regular monthly dividends of €3,000” as they may be “unintentionally” released.” disclosure of personal data” and the emergence of a “risk of fraud”.
It also warns potential investors that before entering into a contract for any financial product and investment, they should check whether the entity offering these investment services is authorized to operate in Portugal by checking the list of financial intermediaries authorized to provide services in the country .
The CMVM also warns that the marketing of financial instruments may only be carried out by financial intermediaries duly qualified to provide financial intermediation services and activities in Portugal, and draws attention to the “risks of fraud” associated with investors maintaining contacts with people and organizations that do not have the appropriate qualifications. for this purpose.
Finally, the market regulator clarifies that investments in shares “do not have a guaranteed income”, since it always depends on the distribution of dividends by the company and the change in the share price.
Author: Lusa
Source: CM Jornal
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