The BC Securities Commission (BCSC) continues to proactively help protect British Columbia investors by publishing an Investment Caution List. In this blog post, we highlight some of the entities that came to our Enforcement Division’s attention over the past few months.
The entities listed below are not registered to trade in, or advise on, securities or exchange contracts in BC.
Boyd Clark Resource Capital Solutions claims to specialize in providing financial services to entrepreneurs and businesses requiring up to $2 million in financing. Furthermore, the address listed on Boyd Clark Resource Capital Solutions’ website does not exist. They were added to the Investment Caution List after a resident of the United Kingdom complained to BCSC staff that he was contacted by a representative of Boyd Clark Resource Capital Solutions and solicited to buy shares of a company called FutureFuel Corp.
Fanrong Capital, purportedly with an office in Hong Kong and an offshore office in Panama, claims to provide hedge fund management through different investment strategies. Fanrong Capital was added to the Investment Caution List after a British Columbia resident received an unsolicited e-mail message.
Economists & Lawyers, which purports to have an office at the Spanish Embassy in the United Kingdom, claims to offer a private placement program with high monthly returns. Economists & Lawyers was added to the Investment Caution List after they sent an unsolicited e-mail message to a British Columbia (BC) resident.
Infinity 2 Global (I2G), with an office in Owensboro, Kentucky, purportedly offers investment opportunities in profit sharing programs. They are also affiliated with an on-line casino, Infinity 2 Global HK. BCSC staff added Infinity 2 Global to the Investment Caution List after a BC resident was approached with an opportunity to invest.
For a list of Investor Alerts affecting Canadian investors, please visit the Canadian Securities Administrator’s Investor Alerts page.
Follow us on Twitter We tweet updates to the Investment Caution List on our @BCSCInvestRight channel. Follow us to keep up-to-date.
When considering an investment, be sure to understand what you are buying and make sure the person selling you the investment is registered.
The BCSC is urging investors to exercise caution when buying or selling stocks experiencing extreme price volatility.