Canadians losing millions to investment scams: CSA, CAFC and RCMP urge vigilance and reporting

News Corporate Finance & M&A General Updates

Date: 13th Mar, 2025 Source: Canadian Securities Administrators Country: Canada Original Source

Brief

"On 13/03/2025", the "Canadian Securities Administrators" issued an update regarding "Canadians losing millions to investment scams: CSA, CAFC and RCMP urge vigilance and reporting". Canadians are being targeted by sophisticated online investment scams, with reported losses exceeding $310 million in 2024. The CSA, CAFC, and RCMP are urging Canadians to be cautious and report suspected scams, highlighting the importance of prevention and education in combatting fraud.

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Canadian Securities Administrators

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Canadians losing millions to investment scams: CSA, CAFC and RCMP urge vigilance and reporting

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Canadians losing millions to investment scams: CSA, CAFC and RCMP urge vigilance and reporting

Brief

Canadian Securities Administrators

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