dcsimg
Report to us

All news

123

CRA tax scam warning and news from regulators

Posted by Ken at 4/19/2013 1:15:00 PM | 0 Comment

With the April 30 tax deadline closing in, we are reminding people to be on the lookout for tax scams.   The Canada Revenue Agency (CRA) publishes a webpage with the top five tax scams, warning that these are illegal... Read more

Category: Warning,Education

Felmina Alliance and Corolla Financial added to caution list

Posted by Ken at 4/12/2013 12:45:00 PM | 0 Comment

On April 2, 2013, the Manitoba Securities Commission warned investors about Felmina Alliance, a “high yield investment” scheme offered through a website and purportedly operating out of New York and or Panama.    The MSC issued the alert because of... Read more

Category: Warning,Enforcement

UK fraud campaign and investor protection information from regulators

Posted by Ken at 1/24/2013 10:05:00 AM | 0 Comment

  This week’s post is a collection of investment fraud warnings from regulatory authorities in Canada and the United Kingdom. Investment Fraud video from the UK As you may already know, we are running a province wide Be Fraud Aware campaign... Read more

Category: Scams,Warning,Education

Affinity Fraud: BBB’s Top Financial Scam for 2013

Posted by Ken at 1/15/2013 11:35:00 AM | 0 Comment

  Today, the Better Business Bureau of Mainland BC (BBB) announced the Top Ten Scams to watch out for this year. Topping the list of financial scams is affinity fraud, a type of scam that often ends up being a... Read more

Category: Warning,Education

Investor Alert: BCSC issues warning about Flag Resources (1985) Limited

Posted by Ken at 12/18/2012 9:55:00 AM | 0 Comment

  Vancouver The British Columbia Securities Commission is warning the public not to purchase shares or other securities of Flag Resources (1985) Limited, a mining company that has been cease traded in British Columbia since 2006. Buying or selling any... Read more

Category: Warning,Alert

Investor Alert: BCSC issues warning about Pegasus Pharmaceuticals Group

Posted by Ken at 10/15/2012 7:45:00 PM | 0 Comment

The British Columbia Securities Commission is warning the public about Pegasus Pharmaceuticals Group Inc. (Pegasus) and its associated companies • Careseng Cancer Institute Inc.• Pegasus BioPark (Dalian) Co., Ltd.Pegasus has been offering Pegasus bonds and debentures through its website (http pegasusbonds.com) and... Read more

Category: Warning,Alert

BC Securities Enforcement Roundup and ICL

Posted by Brenda B at 10/11/2012 2:00:00 PM | 0 Comment

  In September 2012, the BC Securities Commission issued one notice of hearing and announced a Supreme Court of Canada decision upholding a commission decision.  BCSC staff also added three companies to the Investment Caution List.   During September 2012,... Read more

Category: Warning,Enforcement

Investor Watch: Stock spammers moving to social networks

Posted by Ken at 9/21/2012 10:00:00 AM | 0 Comment

  Have you noticed there is less stock spam landing in your e mail inbox these days? If you answered “yes”, then you are not alone.   Symantec, an online security company, released a study in July that showed e... Read more

Category: Warning,Watch

Investor Alert: BCSC issues warning about Master Benefit Card

Posted by Ken at 7/20/2012 10:30:00 AM | 0 Comment

  The British Columbia Securities Commission is warning the public about Master Benefit Card Canada Ltd. (Master Benefit Card) and its affiliates. Master Benefit Card is also known as “Benefit Club”.   The BCSC has reports that residents of British Columbia... Read more

Category: Warning,Alert

NT Global and eight other names added to the Investment Caution List

Posted by Ken at 4/19/2012 11:00:00 AM | 0 Comment

  After receiving reports that Medwell Capital Corp. shareholders were contacted in what appeared to be a “recovery room” scheme, the B.C., Alberta and Ontario securities commissions issued Investor Alerts. BCSC staff also added NT Global to the Investment Caution... Read more

Category: Misc.,Warning

Promises, promises

Posted by Andy at 4/12/2012 12:30:00 PM | 0 Comment

If it sounds too good to be true, then chances are it isn’t. Simple rule to follow right? If only, because sadly year after year, Canadians continue to fall for investment scams. They may be pitched an opportunity to earn... Read more

Category: Scams,Warning,Education

CSA Issues Investor Watch Regarding Foreign Currency Exchange (Forex/FX) Trading

Posted by Ken at 3/29/2012 9:30:00 AM | 0 Comment

  The Canadian Securities Administrators (CSA) today issued an investor watch to make investors aware of the significant risks involved in foreign currency exchange (Forex FX) investments. Investors who trade Forex are also warned against dealing with unregistered firms offering... Read more

Category: Warning,Watch

Investor Alert: BCSC Criminal Investigations Team arrests Hal McLeod

Posted by Ken at 3/27/2012 1:15:00 PM | 0 Comment

The British Columbia Securities Commission’s Criminal Investigations Team has arrested Hal (Mick) Allan McLeod for breaching a lifetime ban against selling securities. The ban was imposed by a BCSC panel in 2009 in response to McLeod’s role in masterminding the... Read more

Category: Warning,Alert

Who you gonna call?

Posted by Andy at 3/22/2012 10:40:00 AM | 0 Comment

When it comes to reporting investment fraud, that is?...

 ...

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

 ... Read more

Category: Scams,Warning,Education

Investor Alert: Securities regulators warn Medwell Capital investors of possible ‘Recovery Room’ scheme

Posted by Ken at 3/21/2012 10:00:00 AM | 0 Comment

The Alberta Securities Commission (ASC) and the British Columbia Securities Commission (BCSC) are warning investors of what appears to be a ‘recovery room’ scheme that is reportedly targeting Medwell Capital shareholders. Recovery room schemes... Read more

Category: Warning,Alert

123