Here they are: the three most dangerous words in the English language:
Get. Rich. Quick. Oh… wait… maybe it’s these three:
Double. Your. Money. Ooops – forgot these ones:
Limited. Time. Offer. These words are the most common signs that
you may be in the presence of investment fraud. They’re empty promises, made by criminals,
preying on your desire to do well with your investments and look after yourself and your
family. And by the way, investment fraud is just as
dangerous whether you’re in your twenties, just starting out in the complex world of
investing… or you’re a senior trying to ensure a comfortable
retirement. Look - when it comes to investing:
Beware – of guaranteed high returns, with little or no risk, hot tips,
high pressure sales tactics, or impossible promises.
Be careful of unsolicited investment opportunities -
these can be offered offered over the phone, through social media, or by text messages
from a stranger. Be diligent – research the opportunity through
credible sources, take your time before saying yes,
and be sure the person or organization approaching you is registered.
The Competition Bureau and the Ontario Securities Commission are working hard
so people like you don't become the victims of fraud.
Oh – three more words. Do. Your. Homework. For more information, visit CompetitionBureau.gc.ca
and CheckBeforeYouInvest.ca To report a fraud, contact AntiFraudCentre.ca