Protect yourself and your hard-earned money from crypto currency scams

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Year to date, victims in Ontario have lost $51,000,000.00 to scammers in this unregulated and highly speculative market.
Most of the scammers make contact when you click on a link in an advertisement on a social media platform such as Facebook, Instagram, or Twitter. These ads often falsely depict celebrities, politicians, or well-known business owners promoting a groundbreaking investment technique such as artificial intelligence.

Warning signs that you are dealing with a scammer:

1) You clicked on a link on social media platform promising large and quick financial gains and someone contacts you.

2) Remote access to your computer is requested.

3) You are requested to set-up an account on a crytpo currency exchange, then you are asked to set-up an account on a website using the same credentials that you used for the crypto currency exchange.

4) Your investment grows unrealistically.

5) When you attempt to withdraw your money, additional fees are requested.

We encourage community members to do your due diligence and to consider known, established, and trusted financial institutions before parting with your money.

If it’s too good to be true, it probably is.

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