This is the second post in our fraud awareness series, earlier this week we talked about how to spot an investment scam. Today we present you with a visual to highlight a few important facts about investment fraud and how to recognize reflags. According to Canadian Securities Administrator nearly 40% of Canadians have been approached with a fraudulent investment and millions have fallen victim to such scams. With the growth of the internet and social media more and more swindlers are turning to these sources to lure in their next victim. Know the signs of an investment fraud, report it and stop it!
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Ray is an ex-financial adviser and the founder of Financial Highway. Currently working in the financial industry and working towards completing his Chartered Financial Analyst, CFA, designation.