AFM warns against illegal credit providers

The Netherlands Authority for the Financial Markets (AFM) warns consumers not to do business with illegal credit provider Emporium Financial, which also uses the names Emporium Capital, Emporium Financieringen, Magnum Financial and Mango Krediet. These parties offer credit without the mandatory AFM licence. Moreover, these providers ask consumers to pay money before the loan has even been provided. It would be unadvisable to accept such offers. The AFM advises consumers to always properly check a provider before taking out a loan.

The AFM has received various signals from consumers concerning these illegal credit providers. Emporium Financial has sent a credit agreement to at least one consumer via the email address Mango Krediet and Magnum Financial have sent consumers a brochure by email. When offering credit, the illegal credit providers used the fax number 087-7846477, an email account at and various names of contact persons (Vicky van Eck and Pattjaree Pritjakoon). The providers are breaking the Financial Supervision Act. They do not hold a licence and do not make use of the exemption.

Be alert and mindful of who you do business with

Emporium Financial, Emporium Capital, Emporium Financieringen, Magnum Financial and Mango Krediet ask consumers to pay money in advance for credit, under the pretext of an insurance premium. It is unadvisable to pay a premium before the loan has actually been received. Consumers run the risk of losing their money if they do.

The AFM advises consumer to be extra vigilant with respect to institutions or persons who make use of email addresses that can be generated free of cost, such as,,,, and

It is furthermore important that consumers check the register on the AFM website to establish whether a company is allowed to provide loans. The AFM also urgently advises consumers to consult the warnings lists prior to doing business with a party for the purpose of taking out a loan. These lists include providers that are known to be unreliable. shows three AFM warning lists. (1) AFM warning list. This list shows institutions and persons who do not have a licence while they should have one according to the law. It also lists institutions that do not provide a prospectus with their securities, while they are required to do so by law. (2) Foreign warning list boiler rooms. This list contains the businesses that have approached investors with an investment proposal without having been asked to. Companies on this warning list do not have an AFM licence or a European passport. (3) Foreign warning list. This list includes institutions against which foreign supervisors have issued a warning.

Consumers with questions or comments can contact the Financial Markets Information Line on: 0800-5400 540 (free of charge).

The AFM is committed to promoting fair and transparent financial markets.

As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.

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