Submitted by nsscadmin on
The principal mandate of the Nova Scotia Securities Commission (NSSC) is to protect Nova Scotia investors. One of the ways we do that is by issuing investor cautions and alerts. You can find all the alerts and cautions we’ve issued for the last eight years on our Investor Alert Database.
To raise awareness concerning the companies and people we have issued cautions and alerts about, our Before You Invest Blog regularly reviews cautions and alerts throughout the year. We also do a full-year review, which is what this post provides. The review looks back at all the cautions and alerts we issued in 2025.
Cautions are warnings to potential investors that the individuals or entities named do not appear to be registered to engage in the business of offering securities or derivatives in Nova Scotia or that the investment products do not appear to be offered in a manner permitted by Nova Scotia securities laws. Potential investors should use extreme caution when dealing with unregistered individuals or entities.
Alerts are warnings that the NSSC or the Canadian Securities Administrators (CSA) has conducted investigatory work and has reason to believe that the individuals’ or entities’ activities or schemes appear to violate Nova Scotia securities laws and may pose imminent risk of harm to Nova Scotian investors. Potential Investors should avoid these investment opportunities.
2025 Investor Alerts Issued by the NSSC and the CSA
NSSC signs onto multi-jurisdiction settlement with GS Partners
The Nova Scotia Securities Commission has approved a settlement agreement with GS Partners and affiliates that will allow Nova Scotians who invested with them to make claims for refunds. The agreement includes GSB Gold Standard Corporation AG, GSB Gold Standard Bank LTD, other affiliated entities, and Josip Heit, the group’s principal.
Learn to spot and avoid investment fraud during Fraud Prevention Month
March is Fraud Prevention Month, and the Nova Scotia Securities Commission (NSSC) is reminding Nova Scotians that losses to investment fraud continue to soar in Nova Scotia.
Canadians losing millions to investment scams: CSA, CAFC and RCMP urge vigilance and reporting
To mark Fraud Prevention Month and combat the escalating threat of online investment fraud, the Canadian Securities Administrators (CSA), the Canadian Anti-Fraud Centre (CAFC) and the Royal Canadian Mounted Police (RCMP) are together urging Canadians to help fight fraud by reporting suspected scams and by increasing vigilance when considering online investment opportunities.
The CSA warned the public about false documentation circulating via email that uses CSA branding and names of CSA executives as part of a scheme that promises to recover investor funds lost due to fraudulent activities.
In recognition of World Elder Abuse Awareness Day (WEAAD) on June 15, 2025, the CSA encouraged Canadians to connect with older adults in their lives to talk about the growing trend of artificial intelligence (AI) and social media investment scams targeting seniors.
RCMP warning of cryptocurrency investment scam
The RCMP Halifax Regional Detachment warned the public about a cryptocurrency investment scam reported in Eastern Passage. On June 13, RCMP officers responded to a report of fraud. Investigators learned that a man was contacted through email and then via a social media app to invest in cryptocurrency. The victim was defrauded more than $150,000.
The Autorité des marchés financiers (AMF) advised the public that, on April 23, 2025, it obtained permanent injunctions from the Superior Court of Québec (Superior Court) compelling Canada’s main telecommunications companies to block access to the websites of the cryptoasset trading platforms XT.com and CoinEx
**NSSC issued an investor caution for XT.com on April 19, 2023.**
OSC Investor Alert: JC Team Capital Inc. and Parthkumar Jani
The OSC warned the public about JC Team Capital Inc., which is operating through the website jcteamcapital.com.
JC Team Capital Inc. and its director, Mr. Parthkumar Jani, may be encouraging Canadians to invest in various companies through loan agreements. However, JC Team Capital Inc. and Mr. Jani are not registered to sell investments in Canada.
RCMP recover 460,000 USD Tether in cryptocurrency for fraud victim
The RCMP Federal Policing Criminal Operations - Virtual Assets team at National Headquarters have recovered approximately 460,000 USD Tether (USDT) in cryptocurrency after an Ontario resident was targeted by a sophisticated investment fraud.
Canada's major financial services, telecommunications, and technology companies are uniting with law enforcement and the federal government to form the Canadian Anti-Scam Coalition (Coalition or CASC), the country's first unified cross-sector initiative to combat the growing threat of scams targeting Canadian consumers.
2025 Investor Cautions Issued by the NSSC
Visit our Investor Cautions List for more information on the entities listed below.
Buygoldca.com
Grayscale-Group
Exons Group
Stanford Markets
Standford-M
Stanford Market
HSP
CanCap-App
CanCapV2
CanCap
CanCentra
Immediate Flectinium
SwissGateVC
Grayscale-Group
Allegiant Metals Group/ Allegiant Capital Group