Manitoba resident lost $85,000 in three months in investment scam

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A Manitoba construction worker – who does not want to be named – lost $85,000 in three months. A single dad of four, with mounting bills to pay, the 41-year-old said he thought he had found the answer to his problems online. He said a person, connected to an online company, was promising high returns and big payoffs every month by wagering on binary options. The 41-year-old also convinced two friends to get involved – the Manitoba Securities Commission said all three are out a total of $144,000.

Read the full article at CTV News.