When it comes to reporting investment fraud, that is?

Well, in British Columbia, your best bet is the BC Securities Commission.

Because when it comes to investment fraud, it is often the BCSC that can move rapidly to disrupt, stop and prevent fraud from claiming more victims by ordering a cease-trade in a suspicious investment or freezing assets or issuing an investor alert. It helps if we hear about the misconduct as soon as possible.

That’s a key reason for the ‘Be Fraud Aware’ campaign currently underway in BC as we work to raise awareness about investment fraud and how people can protect themselves through a province-wide communications and marketing campaign. Through advertising on TV, radio, newspapers and online, we are making people aware of the warning signs of fraud and importantly, encouraging them to report to us any suspicious investments that they come across.

So, report any suspicious investments to us at InvestRight.org or if you prefer, by calling our Inquiries group at 604-899-6854 (1-800-373-6393).

Your call can start the enforcement process necessary to stop a fraud.

Suggested Reading

BCSC educates companies about BC’s money raising rules

RRSP Deadline is Fast Approaching

Pt. 2 Record-High Penalties: Kim, Castiglioni, and IFC

More Resources

Canadian securities regulators highlight fraud in report

  Securities regulators have released their fifth annual report about enforcement activities across Canada with a focus on the fight against fraud. The Canadian Securities Administrators’ (CSA) 2012 Enforcement Report outlines how securities regulators work to protect investors and the integrity of Canada’s capital markets. The 2012 report separates fraud cases into its own category […]

Allowance charts for kids: fun and easy financial literacy

Recently, I have noticed a lot of discussion around children, money, and allowances. Dianne Nice and Sonali Verma wrote a couple of interesting articles in the Globe and Mail on the subject, and the Suddenly Frugal Blog discusses kids and money in the context of a recent TD Bank survey. It could be because April […]