FOR IMMEDIATE RELEASE
March 20, 2020
MSC Issues Investor Alert on Jbcapitals and Halifax & Associates
Winnipeg -The Manitoba Securities Commission (MSC) is issuing an investor alert on Jbcapitals and Halifax & Associates, affiliated companies operating in Switzerland and Denmark, after a rural Manitoban has been defrauded of over $8,000.
While fraud is not a new concept, the methods used by scammers are constantly evolving to adapt to new situations and technology, such as cryptocurrency. Manitobans should be aware of the red flags of fraud:
- promises of high returns with low risk,
- pressure to invest quickly / limited time offers
- secret or sans-serif">‘insider’ information / exclusive offers
- offers from complete strangers
- unregistered salespeople and companies
- inconsistent details / avoiding questions / no paper trail
Members of the public are advised to contact MSC if they believe they have been targeted by any type of investment fraud attempt. MSC’s anti-fraud line is 1-855-FRAUD-MB.
The public can also visitrecognizeinvestmentfraud.com for more information on common investment frauds and scams.
The Manitoba Securities Commission is a division of the Manitoba Financial Services Agency, a Special Operating Agency of the Government of Manitoba that protects investors and promotes fair and efficient capital markets throughout the province.
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Media Inquiries:Jason Booth, Communications Coordinator, MSC | 204.945.1660 | jason.booth@gov.mb.ca