We are looking forward to a busy Fraud Prevention Month at the BC Securities Commission (BCSC).

To start things off, we joined the Better Business Bureau (BBB) at their Top 10 Scams event at the Vancouver Police Department on Tuesday, March 1.

The BCSC’s Enforcement Director Peter Brady talked about online binary options trading as well as affinity fraud and the importance of using a registered advisor.

The BBB’s annual event highlights the 10 most prevalent types of fraud seen across Canada, and this year featured speakers from the Bank of Canada, the Competition Bureau, and Consumer Debtor Protection Canada.

We have also put a webpage together on our BeFraudAware.ca campaign website for the month of March that includes links to the Smarter Investor Personality Quiz, five Spot Investment Scams checklists, and links to our Fraudster Exposed video series

The Be Fraud Aware webpage gives people a quick and easy reference that can help them protect themselves against investment scams and become smarter investors.

On, March 9, we will be on location at Murchie’s Tea & Coffee in Victoria, BC talking to people about the things they can do to avoid fraudsters, like our fictional fraudster, David. On March 17, we’ll be holding a second event in Vancouver’s Pacific Centre.

Watch our social media sites and the BeFraudAware.ca webpage for updates and information throughout the month. Follow us on Twitter or like our Facebook page for updates. You can also check out all of our investor education videos on our BCSC InvestRight YouTube page .

If you have any questions about reporting a scam, filing a complaint, or submitting a tip, please contact BCSC Inquiries by phone at 604-899-6854 or toll free at 1-800-373-6393. BCSC Inquiries can also be contacted through email at [email protected].

Suggested Reading

BeFraudAware.ca Now on InvestRight.org

Happy Holidays from BCSC InvestRight!

Young BC Adults Susceptible to the “Trust Trap” When Investing

More Resources

Take Our Investment Fraud Email Course – It’s Free

Learn more about the course.

Joint statement from the Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada on the Recent Market Volatility

The CSA and IIROC are closely monitoring how extreme price movement of certain stocks may be contributing to volatility in Canada’s capital markets.