Many people lose their savings to high-risk or fraudulent investments. Protect yourself: get investment advice from trusted sources, ask questions, and be sure you understand the risks. Remember, it never hurts to get a second opinion.
Investment scammers may guarantee extremely high returns on your investment, or tell you that you have to act fast to get in on “the opportunity of a lifetime.” These tricks can lead you to make an impulsive decision. If what you hear sounds too good to be true – STOP! Think about it, and start asking some questions.
The BC Securities Commission helps protect investors by providing information and seminars on making good investment decisions and avoiding investment scams. Learn more on their website:
The BC Securities Commission also runs a fraud awareness website:
To book a free group investment seminar, ask a question, or report a scam, call toll-free at 1-800-373-6393 or 604-899-6854 in the Lower Mainland.
You can also report a scam using InvestRight's:
- Report a Scam form
For additional information about investment fraud, see the RCMP's information on: