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Alberta Securities Commission creates ‘perfect scam’ to raise awareness

Dressed sharply in a designer suit, a successful financier promises a room full of would-be investors guaranteed, low-risk, high-yield securities; he promises them a fortune.

If this sounds too good to be true, it’s because it is.

The Alberta Securities Commission orchestrated the fake seminar to show Albertans how easy it is to fall for fraudulent investments.


Read more at Financial Post

This article is summarized by Canadian Fraud News Inc.