There’s both bad and good news when it comes to fraudsters attempting to scam you of the money you set aside for investments.
Rick Hancox of the New Brunswick Securities Commission tells CHSJ News more scams target New Brunswick investors than are tried elsewhere but the good news is fewer people in the province are being victimised.
Hancox says more of the attempted frauds are taking place over the phone these days and his best advice is to just hang up because marvellous investment opportunities don’t fall randomly from the sky over the phone or by email and don’t be bamboozled by promises of an excessive rate of return on your investment.
