The Canadian Press

2016-01-19 | Alberta Investors Scams

Preview Clip

The Alberta Securities Commission is warning investors to beware of scams that could cost them money. Alison Trollope, a spokeswoman for the securities commission, says beware if someone is offering an investment that promises high returns with little or no risk. The commission also suggests avoiding unregistered sales people and companies. She says people should do some homework before investing. (The commission also warns against making investment decisions based on information from Facebook "friends" or social media chat rooms. Trollope says the tip someone hears about from a relative, co-worker or stranger could be based on untrue information planted by a scammer in the hope of ripping people off.)

Date: 2016-01-19
Placeline: EDMONTON.
Source: The Canadian Press
Length: 13 seconds

Transcript Prediction: << you want to make sure that you understand an investment before you invest not afterwards because a lot of people will invest first and ask questions later and that's that's kind of recipe for disaster >>