Alerts & Cautions
Protect yourself against investment fraud by staying well informed of the alerts and warnings published by The Manitoba Securities Commission. These alerts warn the public of activities that are illegal or pose a risk to you and your investments.
Click here to sign up to receive investment alerts.
Past Alerts CSA Alerts
Posted: December 1 2021
VIRGINSMARKETS and WWW.VIRGINSMARKETS .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
INDEPENDENT BROKERS FX and WWW.INDEPENDENTBROKERSFX .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
SQUARED FINANCIAL and WWW.SC.SQUAREDFINANCIAL .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
IFC MARKETS and WWW.IFCMARKETS .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
HYBRIDFX CRYPTO and WWW.HYBRIDFXCRYPTO .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
FINA CAPITAL and WWW.FINACAPITAL .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
CENTAURBTC and WWW.CENTAURBTC .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
CRYPTOGAINFX and WWW.CRYPTOGAINFX .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
BITFARGO, WWW.BITFARGO .IO, LEXORI and WWW.LEXORI .NET are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
BITCOINUp and WWW.BITCOINUP .IO are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
ARB CAPITAL and WWW.ARB-CAPITAL .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: December 1 2021
HY INVESTMENT and WWW.EX.HOO .COM are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: August 25 2021
ProfitsTrade and profitstrade .com are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: May 4 2021
Cardone Capital Crypto and capitalcardonecrypto .com are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: March 3 2021
Cash FX, Cash FX Group S.A., CFX, and cashfxgroup.com are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: February 23 2021
InstaForex and instaforex .com are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: February 22 2021
Calgary – The Canadian Securities Administrators (CSA) is warning the public about a trading scam advertised under the name of Mercury Crypto Invest (Mercury). Mercury posted a series of online advertisements, primarily on Kijiji, offering an investment opportunity to people across Canada.
Posted: January 29 2021
Nittrex, nittrex.io and nittrex.co are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: January 27 2021
GiroFX and girofx.com are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: August 26 2020
Winnipeg - The Manitoba Securities Commission (MSC) is issuing an investor alert on TorexFX, an online ‘trading’ platform allegedly operating in the UK, Switzerland, and Cyprus, and targeting Manitobans. The company is purportedly exploiting fears around market volatility due to COVID to entice investors.
Posted: July 21 2020
Winnipeg - The Manitoba Securities Commission (MSC) is issuing an investor alert on CrypTrade24, a cryptocurrency exchange claiming it is legally registered in the Netherlands and operating from an address in Manitoba.
Posted: June 4 2020
IFC Markets and www.ifcmarkets.com are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: May 6 2020
Winnipeg - The Manitoba Securities Commission (MSC) is issuing an investor alert on International Derivatives Group and Valiant Markets, an offshore forex trading scheme, following a complaint by a rural Manitoba man who has lost more than $550,000.
Posted: April 14 2020
Winnipeg - The Manitoba Securities Commission (MSC) is issuing an investor alert warning the public to exercise extreme caution about aggressive promotion of Crestview Exploration Inc., a British Columbia gold mining company.
Posted: March 30 2020
Winnipeg – The Manitoba Securities Commission (MSC) is warning the public about potentially fraudulent ads by companies offering opportunities to work from home as securities traders during the COVID-19 pandemic.
Posted: March 20 2020
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.
Posted: October 8 2019
Winnipeg - The Manitoba Securities Commission (MSC) is issuing an investor alert on Aureum Energy, a company operating in Las Vegas, Nevada, as well as Manitoba and British Columbia, which claims to be in the business of converting plastic waste into fuel. Aureum has actively solicited investors in Manitoba without authorization.
Posted: August 7 2019
Winnipeg - The Manitoba Securities Commission (MSC) is issuing a warning to Manitobans about high-risk cryptocurrency investing after a Manitoban lost nearly $9,000 to a ‘Bitcoin trading’ company allegedly operating from Talinn, Estonia.
Posted: June 20 2019
Winnipeg - The Manitoba Securities Commission (MSC) is issuing a warning to Manitobans about investing with Mr. Weizhen Tang, a man criminally convicted for running a multi-million
dollar fraud in Ontario, and who has been permanently banned from the Ontario’s capital markets.
Posted: March 1 2019
Winnipeg - The Manitoba Securities Commission (MSC) is issuing a warning to Manitobans about Trader Platinum and traderplatinum.com, a company claiming to trade in stocks, commodities, financial derivatives, and contracts for difference (CFDs).
Posted: November 5 2018
Winnipeg - The Manitoba Securities Commission (MSC) is issuing a warning to Manitobans about fsmsmart.com and FSM Smart Ltd. – a so-called investment company promising suspiciously high rates or return, and allegedly operating under multiple addresses in four countries outside of Canada.
Posted: August 24 2018
Access Trading and www.accesstradingltd.com are not (and never have been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.
Posted: May 22 2018
Winnipeg - The Manitoba Securities Commission (MSC) is issuing a warning to Manitobans about XATRA CORPORATION – A cryptocurrency company allegedly operating in Malta, advertising so-called guaranteed investment returns on Manitoba classified websites.
Posted: March 6 2018
Winnipeg - The Manitoba Securities Commission (MSC) is issuing a warning to Manitobans about BITCOIN BANK – an online investment ‘bank’ for cryptocurrency allegedly operating from Sunnyvale, California. Bitcoin Bank recently began soliciting Manitobans via classified ad sites and social media to participate in an Initial Coin Offering (ICO) and trading scheme.
Posted: December 22 2017
MSC warns Manitobans of Emirates-based Bitcoin scheme
Posted: December 21 2017
Avatrade and www.avatrade.com are not registered to trade securities in Manitoba.
Posted: October 17 2017
Shtern Group and www.shterngroup.com are not registered to trade securities in Manitoba.
Posted: October 17 2017
Silver Trade and www.silvertrade.com are not registered to trade securities in Manitoba.
Posted: October 16 2017
Aidan Trading and www.aidantrading.com are not registered to trade securities in Manitoba.
Posted: September 6 2017
MetaInvesting and www.metainvesting.com are not registered to trade securities in Manitoba.
Posted: July 26 2017
Winnipeg - The Manitoba Securities Commission (MSC) is alerting the public on the red flags of investment fraud, as a rural Manitoba couple were defrauded of more than $180,000 by an offshore Binary Options firm. The company lured targets with Internet ads featuring the unauthorized likeness of a well-known Canadian celebrity and the promise of large returns.
Posted: July 24 2017
GTOptions and www.gtoptions.com are not registered to trade securities in Manitoba.
Posted: July 6 2017
Argo Commerce / argocommerce.com and Bali Limited Ltd. are not registered to trade securities in Manitoba.
Posted: May 30 2017
Option 500 / Option500.com and Options Solutions Online Limited are not registered to trade securities in Manitoba.
Posted: May 30 2017
Millionaire Blueprint / Millionaire-Blueprint.com and Melnic Group Ltd. are not registered to trade securities in Manitoba.
Posted: May 30 2017
Boss Capital / BossCapital.com and Melnic Group Ltd. are not registered to trade securities in Manitoba.
Posted: April 21 2017
TorOption / TorOption.com and Smart Choice Zone LP are not registered to trade securities in Manitoba.
Posted: April 13 2017
PayDiamond / PayDiamond.com is not registered to do business in Manitoba.
Posted: December 7 2016
B4Binary and www.b4binary.com are not registered to trade securities in Manitoba.
Posted: November 14 2016
PWR Trade, GN Capital Limited, GN Management, and www.pwrtrade.com are not registered to trade securities in Manitoba.
Posted: November 14 2016
Ivory Option, Arya Group Ltd., and www.ivoryoption.com are not registered to trade securities in Manitoba.
Posted: October 13 2016
53 Option and www.53option.com are not registered to trade securities in Manitoba.
Posted: October 13 2016
Hedgestone, Iconics PS Limited, Icon Markets Limited, and www.hedgestonegroup.com are not registered to trade securities in Manitoba.
Posted: July 5 2016
Winnipeg - The Manitoba Securities Commission (MSC) is strongly cautioning the public to reconsider investing with so-called ‘binary options’ trading firms. Three Manitobans have made complaints to MSC after losing a combined $144,446 through PluStocks, an online binary options trading company not registered to conduct business in Canada.
Posted: June 29 2016
Trade Rush, TR Binary Options, www.traderush.com, www.trbinaryoptions.com, Cheshire Capital Ltd. are not registered to trade securities in Manitoba.
Posted: June 29 2016
BDB Services (Belize) Ltd. doing business as Banc de Binary at www.bancdebinary.com is not registered to trade securities in Manitoba.
Posted: June 13 2016
Last known/disclosed address: Majuro, Marshall Islands
Posted: June 13 2016
Last known/disclosed address: Mahe, Seychelles
Posted: June 13 2016
Last known/disclosed address: Zulutoys Limited Ajeltake Road
Ajeltake Island Majuro, MH96960
Marshall Islands
1-647-846-8231
Posted: June 2 2016
Winnipeg - The Manitoba Securities Commission (MSC) is reminding the public to think twice before investing with so-called ‘binary options’ firms. MSC recently received a complaint from a 61-year-old Manitoba woman regarding Magnum Options, a company not registered to sell securities in Manitoba, or anywhere else in Canada.
Posted: April 20 2016
Winnipeg – Manitoba resident Jason Roy couldn’t believe the coincidence when he received a random automated call at his home at 6 p.m. on April 11 from Central Option, a ‘Binary Options’ trading firm offering an ‘amazing investment opportunity.’ Roy, senior investigator with Manitoba Securities Commission (MSC), began a conversation with a self-described expert on Binary Options trading. Roy then began gathering evidence while pretending to be a potential high-value investor.
Posted: April 18 2016
Winnipeg - The Manitoba Securities Commission (MSC) is cautioning the public on investing with so-called ‘Binary Options’ firms. MSC recently received a complaint regarding fmtrader.com, a company purportedly located in Cyprus and Belize, which is not registered to sell securities in Manitoba, or anywhere else in Canada. The company is not in compliance with provincial securities laws. This is one of a growing number of recent complaints regarding Binary Option firms.
Posted: April 4 2016
Winnipeg - The Manitoba Securities Commission (MSC) is once again cautioning investors about investing in binary options. Manitoba’s most recent victim, an 81 year old widow, invested in IseeBinary.com purportedly located in the country of Moldova. She invested by wiring money to a bank account in the name of Option Ventures in Moldova to be settled at a bank in Romania. Investors should be aware that IseeBinary.com and Option Ventures are not registered to sell securities in Manitoba and that their actions are not in compliance with provincial securities laws.
Posted: March 23 2016
Last known/disclosed address: Commonwealth of Dominica
Posted: March 23 2016
Last known/disclosed address: London, UK
Posted: March 23 2016
Calgary – The Canadian Securities Administrators (CSA) are increasingly concerned about the growth in the number of websites promoting offshore binary options trading platforms that are targeting Canadians. The CSA wants to make it clear: no business is currently registered or authorized to market or sell binary options in Canada.
Posted: March 10 2016
Winnipeg - The Manitoba Securities Commission (MSC) is cautioning investors about onetwotrade.com, a trading website operated by Up and Down Marketing Ltd., purportedly located in the country of Malta. Investors should be aware that onetwotrade.com and Up and Down Marketing Ltd. are not registered to sell securities in Manitoba and that their actions are not in compliance with provincial securities laws. There are currently no Binary Option firms registered to do business in Manitoba.
Posted: January 13 2016
The Manitoba Securities Commission (MSC) is cautioning investors about UFX.com, a trading website operated by Reliantco Investments Limited, located in the country of Cypress. Investors should be aware that UFX and Reliantco are not registered to sell securities in Manitoba and that their actions are not in compliance with provincial securities laws.
Posted: October 20 2015
The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Ontario, Quebec, and Saskatchewan are warning the public about fraudulent stock promotions that use popular smart phone messaging applications like WhatsApp to generate investor interest.
Posted: October 15 2015
The Manitoba Securities Commission is urging Manitobans to check the registration of any person or company that may be soliciting investors. This is a response to the numerous unregistered offshore individuals and firms that target Manitoba residents every day.
Posted: May 26 2015
The Manitoba Securities Commission is cautioning investors about an unregistered firm operating under the name Camaco International Ltd, which recently advertised using a Winnipeg radio station.
Posted: April 1 2015
The Manitoba Securities Commission is cautioning Manitoba investors about solicitations made by Stratus Offshore or Stratus Financial Group International.
Posted: March 26 2015
The Manitoba Securities Commission is warning investors of a “recovery room” scheme that is targeting Manitobans who have previously invested with Maitland Capital and First Global Ventures S.A.
Posted: March 9 2015
The Canadian Securities Administrators are warning investors to exercise caution when considering an investment in binary options.
Posted: February 18 2015
Posted: February 6 2015
The Manitoba Securities Commission (MSC) is warning the public to be aware of Ecovexco Investment Group, a company that has been advertising a “no risk” investment opportunity in Winnipeg newspapers.
Posted: December 2 2014
Posted: December 2 2014
Posted: April 2 2013
The Manitoba Securities Commission (MSC) is warning investors about a “high-yield investment” scheme offered through a promotional website for a company called Felmina Alliance purportedly operating out of New York and/or Panama.
Posted: March 15 2013
The Manitoba Securities Commission (MSC) is warning Manitobans about a suspected “high yield investment” offered through a promotional web site for an off shore company called Profitable Sunrise.
Posted: March 5 2013
The Manitoba Securities Commission (MSC) is warning Manitobans to exercise caution if approached to invest in foreign currency exchange (Forex/FX) contracts.
