Phishing and Takeover Bids - Warning

Investor warnings - News

Montréal - The Autorité des marchés financiers (the "AMF") is warning corporate officers about recent phishing e-mails stating that takeover bids were about to take place and claiming that an AMF procedure must be followed.

The e-mails, which appear to come from the CEO, generally carry the same message. The person who receives the e-mail, usually the controller or accountant, has been chosen because he or she is trustworthy. The person is asked to send banking information or make a bank transfer to an outside person and to keep everything confidential so as to comply with AMF rules.

In a recent case brought to our attention, the fraudulent e-mail even referred to a supposed AMF representative who would contact the person to confirm the e-mail had been received.

The AMF is asking the public not to respond to any such correspondence and to report it or contact the Information Centre as quickly as possible.

The Autorité des marchés financiers (the "AMF") is the regulatory and oversight body for Québec's financial sector.

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Sylvain Théberge: 514-940-2176

Information Centre:
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