The Belgian Financial Services and Markets Authority (FSMA) has released its interim report for 2024, highlighting a significant increase in fraudulent activity, particularly those involving trading platforms and cryptocurrencies. Nearly half of the 1,332 consumer reports received in the first half of 2024 were related to these scams, an increase of 44% compared to the same period in 2023, and a significant increase in scams, which increased by 59% compared to the previous year. This type of scam involves scammers re-contacting previous victims of investment scams, posing as lawyers, investigators or regulatory officials, offering to assist in recovering lost funds. The FSA issued nine new warnings targeting 187 fraudulent entities and 239 websites, along with two thematic warnings on shadow investing and the misuse of shadow investment names.