Fraudulent social media “investment groups” take advantage of unsuspecting investors

Investor Alerts

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Name	Fraudulent social media “investment groups” take advantage of unsuspecting investors
Issued By	Canadian Securities Administrators (CSA)
Date	July 9, 2024July 24, 2024
Supporting Documents	News release[7/9/2024 4:00 AM][English] Communiqué de presse[7/9/2024 4:00 AM][English]
Note	The Canadian Securities Administrators (CSA) warns Canadians about fraudulent “investment groups” promoted on social media like Facebook and Instagram. These groups could be running a scam called a “pump and dump.”
Type	Investor Alerts

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