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Whenever you have a question where do you go to find the answer? Most people go online. It could be using Google or another search engine, or a social media site. Younger people are increasingly using social media sites for research purposes, especially TikTok and Instagram. This includes financial advice.
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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 alerts and cautions.
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Fraud prevention month may have just ended, but our fraud warnings haven’t. During fraud prevention month the Nova Scotia Securities Commission shared warnings and information about impersonation scams, registered professional crypto trader scams, and fraudulent crypto trading websites. This week we’re warning investors about precious metals investment scams.
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Throughout Fraud Prevention Month our Before You Invest Blog and social media channels have been sharing information on some prominent investment frauds that have been causing investors to suffer considerable losses. Today we’re focusing on a scheme where scammers claim to be a registered, professional crypto trader.
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If you live in Nova Scotia you may have noticed ads recently for an online crypto trading platform called NovaCrypto. Specifically, you may have seen ads like this:
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We’re back with the second part in our short series looking at impersonation scams. Last week we looked at rich and famous impersonation scams.
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It’s Fraud Prevention Month and to help protect investors we’re going to highlight a couple of prevalent scams that have caused considerable losses for investors throughout North America. Both are impersonation scams, but who is being impersonated is different.
In part one of our look at impersonation scams we’ll look at fraudsters who are impersonating rich and famous people to lure their victims to invest.
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March is Fraud Prevention Month. Throughout the month the Nova Scotia Securities Commission will be sharing content designed to help readers better recognize and avoid investment fraud.
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It’s never been easier to invest. Thanks to investing apps on smartphones, you can buy and sell investments and check on your investment portfolio almost anytime, anywhere. The ease of access to investing markets has also led to several different investing apps flooding the app market as well. Not all investing apps are created equal, and some may not even be safe to use.
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It’s Valentine’s Day, but unfortunately love isn’t the only thing in the air. Frauds and scams have found their way into the world of romance and people are losing more than just their hearts.