Have you seen an advertising on Facebook offering you to subscribe to a European savings book with an extraordinary rate of 8 %? Be careful, it’s a scam! Because if it is a real project, this booklet does not yet exist.
Like many consumers, you probably have one or more savings products from your bank, on which you regularly deposit part of your income. Booklet A, Popular Savings Booklet (LEP) or even Sustainable and Solidarity Development Booklet (LDDS), there are many financial investments. But the fact remains that, with inflation, you would not say no to a more interesting placement, with a high yield!
That’s good, many Facebook advertisements highlight a European savings book offering a staggering return of 7.85%, guaranteed by the European Union, with the possibility of investing up to 50,000 euros. It is much more interesting than booklet A and its 3 %! We even promise an “available savings”, “guaranteed capital” and a “fixed rate”. Above all, do not give in to temptation, it is a well -established scam that has already touched more than a million users in France and Belgium.
Scam in the European booklet: an offer too good to be true
This scam is propagated by Facebook advertisements, which invite users to click on the link that refers to a “Deliveurope.fr” site. Once on this site, an “eligibility” form punctuates the personal data of the victims. The crooks go so far as to create a feeling of urgency by displaying a countdown to be able to take advantage of this incredible offer. Except that there is no European book to date …
This scam is primarily targeting people aged 40 to 65, attracted by the prospect of a safe and profitable placement. It relies on an extraordinary yield to bait Internet users, which goes far beyond the current market rates. For comparison, the popular savings book (LEP), which has the highest rate, only offers “only” 4 % – and again, it should drop to 3 % from February 2025. Timing is unfortunately Perfect…
The scam is all the more vicious and effective since the European Union actually works on a joint savings book project, a project supported by Emmanuel Macron and Olaf Scholz. Note that a first attempt had already seen the cheek with the PEPP (Pan-European Personal Pension Product), a kind of per on a European scale. However, it remains relatively little known, with only 5,000 subscribers based in four countries of the European Union, of which France is not part. This failure is partly due to the differences in taxation between member countries, which constitute a real headache.
Before subscribing to any booklet whatsoever, it is recommended to verify the legitimacy of the offer and the veracity of the information provided to reliable and recognized sources. Abnormally high yields must alert, as are requests for communication of personal data on unsecured channels. Finally, it is better to favor regulated investments and established financial institutions in order to avoid any unpleasant surprises.