Investment Scam

• Suspect arrested after Toronto victim lost over $200,000 in alleged investment scam

  A 24-year-old man has been arrested in connection with an alleged investment scam in which fraudsters pretended to be global asset management company Schroders.

  Crime

  Apr 26, 2024
  
• Nova Scotians lost more than $3 million to scams in 2022, RCMP say

  From bogus investments to extortion, Nova Scotians lost a record-breaking $3.6 million to scammers in 2022, up from $2.5 million the previous year, according to the RCMP.

  Crime

  Mar 1, 2023
  
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• Norfolk resident conned out of $800K in investment scam, OPP say

  A senior citizen in Norfolk, Ont., told police they received a call in August from a man who claimed to be a wealth management rep at a financial institution and agreed to invest.

  Crime

  Nov 21, 2022
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• Investment scams on the rise in the Okanagan

  Kelowna RCMP is reminding people that when considering an investment opportunity, they should carefully research the investment and the individual or firm offering the investment.

  Crime

  Sep 22, 2022
• Vernon, B.C. senior falls victim to ‘incredibly concerning’ scam

  RCMP said that the extent this person went to, which included showing up at an elderly person's doorstep, is "incredibly concerning."

  Crime

  Feb 16, 2022
• Regina couple loses $6K in investment scam, recruited friends

  Acting call centre operations supervisor Jeff Horncastle said this particular online scam seems to be a mix of a job, investment and pyramid scheme all rolled into one. 

  Consumer

  Feb 13, 2022
• Alberta RCMP say alleged investment scam couple could be hiding in B.C., possibly Kelowna

  In late November, the RCMP issued a nation-wide arrest warrant for Fernando Honorate de Silva Fagundes, 65, and Emilia Alas-As Elansin, 40, both of no fixed address.

  Crime

  Dec 15, 2021
• South Simcoe police warn of crypto investment scams after Bradford, Ont. man loses money

  Police say investor scammers target victims who are hoping for fast returns on investments.

  Crime

  Jun 30, 2021
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• Nova Scotia Securities Commission warns about Toronto-based investment manager

  Nova Scotia authorities note that Tang was convicted of fraud in 2012 for running a $50-million Ponzi scheme that saw investors lose more than $24-million.

  Consumer

  Jun 17, 2019
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• Nova Scotia mastermind of investment scam ordered to pay $1.1 million to victims

  Quintin Sponagle used his victims money to buy cars, recreational vehicles and property and for international travel, cash withdrawals and other personal expenses

  Crime

  May 8, 2017