AMF warns against Agronomix and its French subsidiary Agronomix France

bscs warning

The Autorité des marchés financiers (AMF) has just issued a warning against the activity of AGRONOMIX and its French subsidiary AGRONOMIX FRANCE.

The AGRONOMIX Group, via its French subsidiary AGRONOMIX FRANCE (www.agronomix-france.fr) offers French investors the opportunity to finance agricultural activities in Ivory Coast with unrealistic rates of return over 200% after 6 months and 2 weeks.

The AMF commented that the group AGRONOMIX and its French subsidiary AGRONOMIX FRANCE (located in Paris, 12 rue du Colonel Oudot, 75012) have no authorisation to operate an activity regulated by the AMF on French territory.

The AMF recommended that investors do not take up these solicitations and do not communicate them to third parties, in any form whatsoever.

Lastly, the AMF reminded investors and individuals responsible for marketing investment products to follow these safety guidelines before making any investment:

  • no advertising materials should make you overlook the fact that high returns always involve high risk;
  • learn as much as you can about the company or intermediary trying to sell you a product (authorisation/certification, company history, location of head offices, etc.);
  • only invest in a product you understand;
  • ask yourself how, and by whom, the purchase price or selling price of the advertised product is set, and find out the precise terms and timeline for selling the product, especially in cases where the product invests in an asset class with low liquidity.

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