Fraud Prevention Quiz
Investment fraud isn’t always easy to spot. Take the quiz to see how your fraud knowledge measures up.
Can You Spot Fraud?
Can You Spot Fraud?
You’re looking into a great money-making opportunity you heard about from a soccer buddy. He was told it’s a high-return and risk-free investment. He’s even seen some returns already.
Does this opportunity feel like fraud?
Your closest friend lets you know about a quick way to make some money together. The opportunity promises excellent returns in a short period of time. You feel a little off about it, but your friend got the tip from someone you both know and respect.
Does this opportunity feel like fraud?
A new investment opportunity has just been recommended to you. You haven’t had time to research it, but the person offering the investment said it’s better to get in sooner rather than later, as the price will go up fast.
Does this opportunity feel like fraud?
A couple of your coworkers have told you about their latest side hustle. it’s an online investment opportunity that pays for referrals. They say it’s only available to a select few, but they can get you in.
Does this opportunity feel like fraud?
A business acquaintance tells you about a new opportunity you could invest in. When you dig deeper, you have some questions. Your acquaintance keeps saying it’s a complicated business in an emerging field, and that it’s difficult to explain, but it’s a great deal.
Does this opportunity feel like fraud?
Congratulations!
You’re pretty good at spotting fraud warning signs. That being said, it’s always important to be on guard to protect against potential fraudsters. And, if you do find yourself in an investment situation that seems like a fraud, contact the BC Securities Commission to file a complaint.
Your skills could use some work.
Now that you know more about the fraud warning signs, try retaking the quiz to see how you do. And, if you do find yourself in a situation that seems like investment fraud, report it to the BC Securities Commission.
What's Next?
How to Check if a Person or Firm is Registered
It’s important to check if the person or firm presenting you with an investment opportunity is registered to advise or deal in securities in Canada. You can do this by looking them up on the Canadian Securities Administrators National Registration Search. If they aren’t registered, contact the BC Securities Commission.
How to Report Fraud
If something is “off” about an investment opportunity, or if you think a company or individual has violated BC securities law, contact the BC Securities Commission:
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