No one is safe from investment fraud
No one is safe from investment fraud
A simple "Hi!" can be the start of a well-conceived scam. The casual tone may be disguising a fraud attempt. Before you transfer any money, you need to understand the risks and know what to do to avoid them.Before you invest, ask yourself: How can I detect potential scams? What should I check before investing? What should I do if I think I've been a victim of fraud?
During Fraud Prevention Month, explore our content and learn how to protect yourself against fraud attempts and make sound financial decisions.
Fraudulent investment sites are on the rise
Increasingly sophisticated and credible looking bogus investment sites are a major scourge.
Learn to recognize the red flags of fraud and read our practical tips to avoid pitfalls and protect your money.
Tactics common to many types of fraud
Fraudsters will use a number of tactics to trick you. The most common ones include:
- Promising high returns for no risk
- Pressuring you to make a quick decision
- Asking you to transfer money by credit card or via Interac e-Transfer
- Asking for control of your computer so they can purportedly help you carry out a transaction
Learn more about the most common scams and tactics:
Be careful before investing in crypto
Investing in crypto is risky.
Use trading platforms that are in compliance with securities regulation and registered with the AMF.
A victim or witness of financial fraud?
You’re not sure whether an investment opportunity is legal or not? You believe you’re a victim of financial fraud?
Act now:
What to do if you become a victim of fraud
Report fraud or a suspicious situation
Fraud doesn’t only happen to other people!
Think you know what to do to avoid investment fraud? Find out by taking our 10-question quiz.
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