The Alberta Securities Commission is warning investors to be wary of scams — especially those…
ASC alleges Logan Keith Shaw and 1681502 Alberta Ltd. perpetrated a fraud on investors
The Alberta Securities Commission (ASC) has issued a Notice of Hearing alleging that Logan Keith Shaw and 1681502 Alberta Ltd. (1681502) engaged in a course of conduct which they knew, or ought to have known, perpetrated a fraud on investors. According to the Notice...
RCMP voices concerns about binary options scams
The RCMP has voiced concerns about the rise in binary options fraud cases across the country. In an announcement made on Monday, the Alberta RCMP disclosed that in 2016 there were 8,317 fraud cases reported in Alberta RCMP jurisdictions between January and October. Of...
Kenneth Charles Fowler sentenced to three years in prison
After scamming dozens of investors, some of their life savings, Kenneth Charles Fowler has been sentenced to three years in prison for mortgage fraud. Fowler pleaded guilty to three charges under the Securities Act, including fraud in connection with investments of...
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...