While not all of the items on the list involve investments, it’s a good idea to have a look at the BBB’s resource to protect yourself from various types of scams.
Binary Options Scams
“These binary options scams are simply a way for fraudsters to take money from victims,” said Muir.
See the full story on binary options and other Top 10 Scams on CTV News Vancouver.
March is Fraud Prevention Month
The event kicked off the BCSC’s Fraud Prevention Month public awareness campaign. Over the next few weeks, we’ll be in the news and on social media encouraging the public to run a background check on their investment advisor, learn the Fraud Warning Signs, and stay away from binary options.
If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected]. You can also file a complaint or submit a tip anonymously using BCSC’s online complaint form.
InvestRight.org is the British Columbia Securities Commission’s investor education website.
Just out: a brand new InvestRight Guide to Investing—this one focused on empowering you as an investor. How to be an Empowered Investor aims to simplify the way you think about investing and how you engage with both your advisor and your investments. Sure, there are lots of ins-and-outs to investing. It’s easy to trip over—or […]
British Columbia Securities Commission staff recently added FXDD Malta Limited to the Investment Caution List. Staff recently received information that BC residents have accounts with FXDD Malta Limited (FXDD Malta), a firm offering foreign exchange trading services. FXDD Malta is not registered in British Columbia to trade in, or advise on, securities and exchange contracts. […]