Saskatchewan’s Financial and Consumer Affairs Authority (FCAA) has launched a campaign aimed at helping residents take action against investment fraud.
The campaign focues on one simple step that residents can take when determining whether an investment opportunity is legitimate: check the seller’s registration status through the FCAA website.
The Authority says legitimate investments require the seller to register in the province, and encourage people to use the National Registration Search engine on their website, fcaa.gov.sk.ca, to verify a firm.
They add investment scams can involve anything from cryptocurrency to real estate, and often use polished websites and materials.
More information on the campaign can be found online at the FCAA website or safeguardyoursavings.ca.