Here, you can consult CSA member investor alerts. The list is intended to assist the public and the securities industry in conducting due diligence. The subjects of these alerts are persons or companies who appear to be engaging in securities activities that may pose a risk to investors.
The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) is warning Saskatchewan people of an impersonation scam on social media claiming that Prime Minister Mark Carney is endorsing an online investment platform called QuilCapital. QuilCapital claims to offer Saskatchewan residents trading opportunities, including stocks, cryptocurrencies, forex, indices, and commodities. There may be other businesses with the same or a similar name to “QuilCapital”. This alert does not apply to any such businesses. This alert applies to the online entity using the website “quilcapital com” (this URL has been manually altered so as not to be interactive). QuilCapital is not registered with the FCAA to trade or sell securities or derivatives in Saskatchewan. The FCAA cautions investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses. If you have invested with QuilCapital or anyone claiming to be acting on their behalf, contact the FCAA’s Securities Division at 306-787-5936.
