Submitted by nsscadmin on
Throughout Fraud Prevention Month we’ve been sharing blog posts, videos, reels, and other online content to educate investors about investment fraud to help them identify it and avoid it. To help Nova Scotians find and connect with fraud prevention resources this post collects links to and descriptions of several of those resources in one place.
Nova Scotia Securities Commission investment fraud prevention resources:
Our Before You Invest Blog regularly covers important topics related to investment fraud. This includes identifying prominent frauds that are causing sizable losses for Nova Scotians, online fraud prevention tools, and the red flags of investment fraud. Here are just a few recent blog posts on fraud that delivered timely, important fraud prevention information.
Crypto Fraud Prevention: Questions to ask yourself
Investor alert database and caution list protect investors from potential losses
Where should I report my fraud complaint?
Learn the Red Flags of Investment Fraud
Pig Butchering: The anatomy of an investment fraud
Our YouTube channel is packed with videos and reels that focus on investment fraud prevention. Just a few include:
What is a Ponzi Scheme?
I’ve been scammed! What do I do?
Spot the Red Flags of Investment Fraud: High Returns, Low Risk
Protect yourself from investment fraud
3 Minutes on the Red Flags of Investment Fraud
For the full list of our investment fraud video visit our Investment Fraud Video Series playlist.
File a Complaint or Report an Investment Scam
If you think you’ve been approached with a fraudulent investment or have found something online or on social media that looks like fraud involving securities you can report it to the Nova Scotia Securities Commission (NSSC) by using our online fraud reporting form.
Check Registration
If anyone approaches you with an investment opportunity, whether in-person, online, text message, etc., you should check to see if they’re registered. Anyone selling or advising on securities in Nova Scotia, or any other province or territory in Canada, must be registered with their local securities regulator. You can check a person or company’s registration by using the National Registration Search.
Investor Alerts & Cautions
The NSSC and other Canadian securities regulators issue investors alerts and cautions to warn investors about bad actors and fraudulent investment opportunities that could be financially harmful to them on a regular basis.
You can find the NSSC’s Investor Alerts and Caution page here. The Canadian Securities Administrators hosts an investor warnings and alerts page that collects warnings and alerts from every Canadian securities regulator. You can also search through alerts. This page is updated frequently and can be found here.
Canadian Anti-Fraud Centre
The Canadian Anti-Fraud Centre (CAFC) collects and shares information on fraud in Canada. This includes information on investment fraud. The CAFC website includes an index of prominent frauds, fraud news and alerts, and regular fraud reports.
Canadian Anti-Scam Coalition
The Canadian Anti-Scam Coalition (CASC) was announced earlier this year as a partnership between financial institutions, regulators, law enforcement, and other organizations to educate and protect Canadians and “Stand Against Scams.” The organization is still in its infancy but looks to be a reliable source for Canadians looking for information on fraud prevention.