Fraudsters take advantage of global events and breaking news to target potential victims.
The BCSC is warning investors about companies claiming to have products or services that will prevent, detect, or cure the coronavirus (COVID-19) infection.
Fraudsters take advantage of global events and breaking news to lure potential investors with the expectations of significant returns. At this time, it’s especially important to be vigilant and know how to identify, reject, and report investment fraud.
The BCSC and the Canadian Securities Administrators (CSA) are alerting the public about COVID-19-related fraudulent activity through Investor Alerts. You can also visit this page to stay up to date on COVID-19-related investments scams, and to access fraud awareness resources.