The Autorité des marchés financiers (AMF) warns the public about the activities of Global International Trading, a company apparently headquartered in Japan.
The company telephones investors, notably in France, and urges them to acquire stock in mining companies that purportedly have strong development potential.
The AMF points out that Global International Trading is not authorised in France to conduct direct marketing activities, operate as an investment services provider or receive funds. Furthermore, the AMF's Dutch counterpart, The Netherlands Authority for the Financial Markets (AFM), has also issued a warning about the company.
The AMF therefore urges investors not to respond to offers of investment from Global International Trading.
The AMF has forwarded the information in its possession about the company to the French prosecuting authorities.