Regulator alleges Gold-Quest International ran US$27 million Ponzi scheme
The U.S. Securities and Exchange Commission announced the launch of its latest offensive targeting online boiler rooms, cold calls, and other potentially fraudulent financial solicitations.The SEC’s initiative is called “PAUSE” for Public Alert: Unregistered Soliciting Entities. The SEC is providing investors with information that it has received from investor complaints and other sources, including foreign […]
Communication and co-operation between Ontario and British Columbia securities regulators and their counterparts in Britain have led to unusual success in a recent stock swindle that crossed various jurisdictions. About 160 people in Britain who bought fraudulent mining shares are getting back 90% of the $2.5 million they collectively lost after being fleeced by boiler-room […]
B.C. victims are launching a class-action suit in an effort to recover funds lost in these scams, which are plaguing investors
Courses offered by CUSOURCE Credit Union Knowledge
Searches conducted in over 50 locations
FSA works with Canadian regulators to freeze funds
Company offering annual return of 87.5%
BCSC’s plan to curb fraudulent Vancouver businesses registering in the U.S. puts the onus on professional services people
Investors nearing retirement are particularly at risk of being targeted by investment schemes promising high returns