Alerts & Cautions
The Manitoba Securities Commission issues investor alerts to warn the public about activities that are illegal or pose a risk to the general public. If you would like these alerts sent directly to your inbox, please sign up here.
Manitoba friends lose big money to foreign fraudsters
Posted: July 4, 2016
Winnipeg - The Manitoba Securities Commission (MSC) is strongly cautioning the public to reconsider investing with so-called ‘binary options’ trading firms. Three Manitobans have made complaints to MSC after losing a combined $144,446 through PluStocks, an online binary options trading company not registered to conduct business in Canada. See more
Foreign firm takes Manitoba woman for $10,000
Posted: June 2, 2016
Winnipeg - The Manitoba Securities Commission (MSC) is reminding the public to think twice before investing with so-called ‘binary options’ firms. MSC recently received a complaint from a 61-year-old Manitoba woman regarding Magnum Options, a company not registered to sell securities in Manitoba, or anywhere else in Canada. See more
Securities investigator randomly contacted by illegal investment firm
Posted: April 20, 2016
Winnipeg – Manitoba resident Jason Roy couldn’t believe the coincidence when he received a random automated call at his home at 6 p.m. on April 11 from Central Option, a ‘Binary Options’ trading firm offering an ‘amazing investment opportunity.’ Roy, senior investigator with Manitoba Securities Commission (MSC), began a conversation with a self-described expert on Binary Options trading. Roy then began gathering evidence while pretending to be a potential high-value investor. See more
- Social media ad leads another Manitoban to financial peril - April 18, 2016
- Elderly Widow most recent victim in binary options investment scam - April 4, 2016
- CSA alerts Canadians: Beware binary options platforms - March 23, 2016
- Manitoba resident loses thousands investing in unregistered firm onetwotrade.com - March 10, 2016
- MSC warns of unregistered firm UFX.com and Reliantco Investments Limited targeting Manitobans using social media platforms - January 12, 2016
- Camaco International Ltd. - May 26, 2015
- Investor Alert for Stratus Financial Group International - April 1, 2015
- Maitland Capital and First Global Ventures investors at risk of being revictimized - March 26, 2015
- CSA Investor Alert: Unregistered binary option platforms target Canadians - March 9, 2015
- MSC issues warning about Ecovexco Investment Group - February 4, 2015
- MSC issues an Investor Alert on Felmina Alliance - April 2, 2013
- MSC issues warning on Profitable Sunrise - March 15, 2013
- MSC issues an Investor Alert on Accredited International/ Accredited FX - March 5, 2013
- MSC Warns the Public about Possible Advanced Fee Scheme - February 6, 2012
- Boiler Rooms Target Manitobans - June 17, 2011
- BCSC and MSC warn about another possible York-Rio - 'Re-victimization' scheme - September 27, 2010
- Genius Funds - March 1, 2010
- MSC and BCSC Uncover ‘Re-victimization’ Scheme - September 24, 2009
- Warning Regarding Global 8 Environmental Technologies Inc. - August 14, 2009
- B.C. and Manitoba securities regulators investigating Gold-Quest International - March 5, 2008
- The Manitoba Securities Commission issues a warning to investors after reports of a suspicious investment Scheme operating in the Province - April 16, 2007
- BC and Alberta securities regulators issue warning after reports of a suspicious investment scheme operating in the two provinces - January 25, 2007
- Advertisements promoting investment opportunities - October 17, 2006
Regulators Warn Investors to Read the Fine Print - May 7, 2004 - Public warned to be aware of Illegal Investment Opportunities - December 18, 2003
- Improper Trading in Securities - November 7, 2003
- Synergy Alliance Group - February 19, 2003
- Palmetto Financial Services Inc. - October 31, 2002
- Pension Plan Investment Scheme - October 3, 2002
- RRSP Scam - June 21, 2001
- Tri-West Bank Debenture Program - February 6, 2001
- Bank Debenture Program
- Nigerian Scheme
Option 500
Date Posted: May 30 2017
Additional information: |
Option 500, www. option500 .com, and Options Solutions Online Limited are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. Option 500 is allegedly operating out of Aberdeen, Aberdeenshire, Scotland, United Kingdom.
Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Millionaire Blueprint
Date Posted: May 30, 2017
Additional information: |
Millionaire Blueprint, www. millionaire-blueprint .com, and Melnic Group Ltd. are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. Millionaire Blueprint is allegedly operating out of Sophia, Bulgaria.
Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Boss Capital
Date Posted: May 30, 2017
Additional information: |
Boss Capital, www. bosscapital .com, and Melnic Group Ltd. are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. Boss Capital is allegedly operating out of Sophia, Bulgaria.
Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
TorOption
Date Posted: April 21, 2017
Additional information: |
TorOption, www. toroption .com, and Smart Choice Zone LP are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. TorOption is allegedly operating out of Glasgow, Scotland, U.K.
Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
B4Binary
Date Posted: December 8, 2016
Additional information: |
B4Binary, SG 55 Ltd., and www.b4binary.com are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. B4Binary is a brand operated by SG 55 Ltd., allegedly operating out of Leeds, United Kingdom, China, and Israel. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
PWR Trade
Date Posted: November 15, 2016
Additional information: |
PWR Trade, GN Capital Limited, GN Management, and www.pwrtrade.com are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. PWR Trade is a brand operated by GN Capital., allegedly operating out of The Marshall Islands, and GN Management, allegedly operating out of Sofia, Bulgaria. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Ivory Option
Date Posted: November 15, 2016
Additional information: |
Ivory Option, Arya Group Ltd., Arianus Ltd., and www.ivoryoption.com are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. Ivory Option is a brand operated by Arya Group Ltd., allegedly operating out of London, U.K., and Sofia, Bulgaria. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
53 Option
Date Posted: October 14, 2016
Additional information: |
53 Option and www.53option.com are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. 53 Option is allegedly operating out of London, England. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Hedgestone
Date Posted: October 14, 2016
Additional information: |
Hedgestone Group, Iconics PS Limited, Icon Markets Limited, and www.hedgestonegroup.com are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. Hedgestone is a brand operated by Icon Markets Limited, allegedly operating out of Belize and Bulgaria. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Trade Rush
Date Posted: June 29, 2016
Additional information: |
Trade Rush, TR Binary Options, www.traderush.com, www.trbinaryoptions.com, Cheshire Capital Ltd. are not registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Banc de Binary
Date Posted: June 29, 2016
Additional information: |
Banc de Binary, www.bancdebinary.com, BDB Services Ltd. are not registered in Manitoba to engage in the business of trading securities or advise with respect to investing in, buying or selling securities Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Zulutoys Limited doing business as RB Options
Date Posted: June 10, 2016
| Last known/disclosed address: | Zulutoys Limited Ajeltake Road Ajeltake Island Majuro, MH96960 Marshall Islands 1-647-846-8231 |
Additional information: |
Zulutoys Limited doing business as RB Options is not registered in Manitoba to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
UB Innovation Limited doing business as uBinary
Date Posted: June 10, 2016
| Last known/disclosed address: | Majuro, Marshall Islands |
Additional information: |
UB Innovation Limited doing business as uBinary is not registered in Manitoba to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Uno Media Solutions Limited doing business as Binary Uno
Date Posted: June 10, 2016
| Last known/disclosed address: | Mahe, Seychelles |
Additional information: |
Uno Media Solutions Limited doing business as Binary Uno is not registered in Manitoba to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Benedict Morris Binary Option doing business as www.bmboption.com
Date Posted: March 23, 2016
| Last known/disclosed address: | Commonwealth of Dominica |
Additional information: |
Benedict Morris Binary Option doing business as www.bmboption.com is not registered in Manitoba to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Titan Trade Capital Limited doing business as www.titantrade.com
Date Posted: March 23, 2016
| Last known/disclosed address: | London, UK |
Additional information: |
Titan Trade Capital Limited doing business as www.titantrade.com is not registered in Manitoba to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Karatbars International GmbH doing business as karatbars.com
Date Posted: February 18, 2015
| Last known/disclosed address: | Königstrasse 52, 70173 Stuttgart, Germany |
Additional information: |
The Autorité des marchés financiers (“AMF”) issued an investor alert on March 20, 2014, warning the public in Quebec to exercise caution about an investment program linked to a German company, Karatbars International GmbH (“Karatbars”), whose investment products are primarily promoted through conferences, the Internet and social media. Karatbars is not registered in Manitoba to trade in, or advise on, securities or exchange contracts. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
B.H.N.V. Online Ltd. doing business as opteck.com and optaffiliates.com
Date Posted: December 2, 2014
| Last known/disclosed address: | Suite 102, Blake Building, Corner of Eyre & Hutson Streets, Belize City, Belize |
Additional information: |
B.H.N.V. Online Ltd. doing business as opteck.com and optaffiliates.com is not registered in Manitoba to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
Galaxy Investment Management Ltd. doing business as www.gimsafeinvestor.com
Date Posted: December 2, 2014
| Last known/disclosed address: | 2101 Brimley Rd, Scarborough, ON, Canada M1S 2B4 |
Additional information: |
Galaxy Investment Management Ltd. doing business as www.gimsafeinvestor.com is not registered in Manitoba to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities. Visit www.recognizeinvestmentfraud.ca to see other investor warnings and check the registration of any person or company offering securities in Manitoba. |
CSA Investor Alert: Caution urged for those looking to invest in medical marijuana stocks
Posted: June 16, 2014
The Canadian Securities Administrators (CSA) is urging investors to be cautious when considering investing in medical marijuana stocks. See more
Securities regulators warn of investments that encourage you to unlock your retirement savings
Posted: March 23, 2010
Vancouver – The British Columbia Securities Commission and the Manitoba Securities Commission want people to be aware of questionable investments that advise people to withdraw funds from their registered retirement savings plans and reinvest in unrelated securities. See more
What are Exempt Market Securities
Posted: April 27, 2009
In Manitoba, when companies (issuers) sell securities such as stocks, options, or bonds, they are generally required to file a prospectus. This document contains material facts about both the issuer and the security. However, in certain cases securities can be sold without a prospectus and these investments are called exempt securities; the sale is called an exempt distribution or a private placement. See more
- Foreign Currency Trading Is Not For Novices: Securities regulator warns investors about the risks - May 25, 2007
- Advertisements promoting investment opportunities - October 17, 2006
- Regulators Warn Investors to Read the Fine Print - May 7, 2004