Investment fraud prevention - UNI Financial Cooperation

Investment fraud prevention

Investment fraudsters

BEFORE MAKING A DECISION, CONSIDER THESE FIVE QUESTIONS TO PROTECT YOURSELF AGAINST INVESTMENT FRAUD. WHEN IN DOUBT, ASK FOR DETAILED INFORMATION AND SPEAK WITH YOUR CAISSE ADVISOR.

Place your trust, and your financial wealth, in the right hands. When someone approaches you to invest in financial products, make sure you're dealing with a professional registered with the Financial and Consumer Services Commission.

Visit the List of Registrants? section at www.fcnb.ca to check the status of a representative's licence in New Brunswick. Just a few clicks can save you a world of trouble!

Many fraudsters draw your attention with high-yield investments. For example, you may be offered a 5% monthly return, but when you take a closer look, the return on investment is in fact closer to 80% a year; a number that is, unfortunately, far from realistic.

Investments that promise to have high returns and low risk warrant a closer look. If you're uncertain, speak with the Caisse advisor for a second opinion.

Many victims of fraud lower their guard when they hear about an investment opportunity from someone close to them. By the time they both discover the fraud, it's too late to find the fraudster and recover their money.

Always make sure an investment is safe and legitimate, regardless of the person who tells you about it.
Always transfer assets to a well-known business. That way, you can track your funds when you entrust them to a registered professional or potential business partner. Cash and personal cheques are usually the currency of fraudsters.
Investing under pressure is no way to do business. Fraudsters use a sense of urgency and secrecy to manipulate their victims and force them to make a decision. After all, the last thing they want is for you to consider these five questions and discover their true intentions.
YOUR ADVISOR CAN HELP YOU PROTECT YOUR FINANCIAL WEALTH

It's your advisor's job to have in-depth knowledge of your finances and investor profile.

Before committing to a new investment opportunity, talk to your advisor about the risks involved, along with potential gains and losses.


LEARN TO SAY NO AND GIVE YOURSELF THE TIME TO DO SOME RESEARCH.

REPORT IT IF YOU HAVE BEEN APPROACHED WITH A POTENTIALLY FRAUDULENT INVESTMENT OPPORTUNITY


Every Caisse member has a responsibility to help prevent fraud. By reporting any irregular situations to the authorities, you're doing your part to protect all investors.

The Financial and Consumer Services Commission is responsible for regulating New Brunswick's financial sector.

INFORMATION CENTRE
Toll-free: 1 866 933-2222
Fax : 506 658-3059
info@fcnb.ca
www.fcnb.ca

"Investment Fraud" of the Financial and Consumer Services Commission.

The Canadian Anti-Fraud Centre is the trusted source for fraud data and for educational and prevention resource materials.

TO REPORT FRAUD
Toll-free: 1 888 495-8501
Fax : 1 888 654-9426
info@antifraudcentre.ca
www.antifraudcentre-centreantifraude.ca

For more information