According to FI, so-called trading platforms often attract customers with AI-generated material featuring fictional people who recommend the service.
But when consumers try to withdraw their money, problems arise in the form of delays and blocked accounts.
"In times of stock market turbulence, fraudsters want to play on our anxiety and fear of missing out on investment opportunities," says Moa Langemark, consumer protection economist at FI, in a press release.
FI's advice for those who want to invest is to do so through companies that are on the authority's register. For foreign companies, FI recommends that consumers ensure the operator is registered with that country's supervisory authority.
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