Calgary – In recognition of Fraud Prevention Month, the Canadian Securities Administrators (CSA) today released updated results from its effort to disrupt fraudulent investment websites targeting Canadians.

“Online investment scams continue to pose a serious risk to Canadians, and we are using a full range of regulatory and enforcement tools, including advanced technological capabilities, to proactively identify and disrupt fraudulent websites,” said Stan Magidson, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. “This initiative strengthens our ability to protect investors and underscores the importance of working closely with regulatory partners, industry and law enforcement to combat online investment fraud.”

Combatting online fraud is a shared responsibility. Over the past year, securities regulators have intensified their coordinated This link will open in a new window and cross-sectoral efforts This link will open in a new window to disrupt fraudulent activity, prevent online harm, and protect and educate investors This link will open in a new window. In addition, the CSA recognizes and supports initiatives by industry groups This link will open in a new window and law enforcement This link will open in a new window agencies aimed at addressing this growing threat.

This Fraud Prevention Month, the CSA continues to urge investors to remain vigilant and to look out for common red flags This link will open in a new window of investment fraud. Investors should always check the registration of anyone who tries to sell them an investment or give them investment advice with the CSA’s National Registration Search This link will open in a new window.

The CSA will begin including statistics about deactivated websites in its annual Year in Review publication starting in 2026.

Suspect you or someone you know is a victim of an investment scam?

If you feel like you or someone you know has been approached or is a victim of a fraudulent investment, contact your local securities regulator This link will open in a new window.

The CSA, the council of the securities regulators of Canada’s provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets.

For media inquiries, please contact:

Ilana Kelemen
Canadian Securities Administrators
[email protected]

For investor inquiries, please contact your local securities regulatorThis link will open in a new window.