March is Fraud Prevention Month!
The Nova Scotia Securities Commission has several events and new content planned for the month to help you become a more informed investor and protect yourself from fraud.
Before You Invest Blog Posts:
Throughout the month our Before You Invest Blog will publish posts on investor fraud protection. The information delivered in these posts will help investors identify and avoid investment fraud. Here is our blog schedule for the month, which will be updated with links as the posts go live:
Wednesday, March 8 – Red Flags of Investment Fraud
Wednesday, March 15 – Top Investor Threats of 2023
Wednesday, March 22 – Anatomy of an Investment Fraud
Wednesday, March 29 – Investor Alert Review
Fraud Prevention Videos on our YouTube Channel:
Our YouTube Channel will also receive weekly updates on Mondays throughout Fraud Prevention Month. Our first new video will premiere on Monday, March 6 and will take a closer look at a prevalent crypto scam that has caused substantial losses for investors in Nova Scotia and throughout North America. The video will explain how the scam works to help investors identify and avoid it.
The rest of our videos during March are part of our new “3 Minutes on _____” video series. These new short and to the point videos will look at a specific investing topic and explain the basics about it in three minutes. During Fraud Prevention Month these videos will focus on fraud and will include:
Monday, March 12 – 3 Minutes on Ponzi Schemes
Monday, March 19 – 3 Minutes on Recovery Room Scams
Monday March 26 – 3 Minutes on the Red Flags of Investment Fraud
Links to these videos will be added to this post once the videos premiere.
Fraud Prevention Month Presentations:
In March the Nova Scotia Securities Commission is returning to the Halifax Central Library for Informed Investor Presentations. There are two presentations scheduled for March 16 and March 28. Here is a look at the presentation topics:
Thursday, March 16 – Investing 101
BMO Room – Halifax Central Library – 7:00-8:00 p.m.
Do you know the difference between saving and investing? What about an RRSP and a TFSA? Do you know your stocks from your bonds? Your mutual funds from your exchange-traded funds? Join David Harrison from the Nova Scotia Securities Commission as he explains how securities regulation works in Canada and the difference between basic investments.
Tuesday, March 28 – Protect Yourself from Investment Fraud
BMO Room – Halifax Central Library – 10:00 a.m. – 11:00 a.m.
In 2021, the reported loss from investment fraud in Canada was $160 million. If you were approached with an investment opportunity that was fraudulent, would you know how to recognize it? Join David Harrison from the Nova Scotia Securities Commission as he explains how specific investment frauds work, and the red flags you can watch for to recognize fraud and avoid it.
Commission staff will also be taking part in a Fraud Prevention webinar with CARP Nova Scotia on March 22nd at 3p.m. For more information on this online webinar please visit the CARP Nova Scotia website using this link.
Fraud Prevention Content on Social Media:
Throughout March the Nova Scotia Securities Commission Social Media channels, Twitter, Facebook, and LinkedIn will be sharing fraud prevention content. Along with the new content from our blog and video channel watch out for Fraud Prevention Tips every Tuesday, Fraud Prevention blog recaps every Thursday and Fraud Prevention video recaps Monday to Friday on Twitter.