Romance and Investment Scams
Never send money, gift cards, crypto, logins, etc. to someone you meet online without doing your research and asking questions.
Always remain skeptical when you are offered unsolicited investment advice. Check to make sure an individual is registered to purchase an investment and offer advice.
Be aware of red flag terms such as “time limited”, or “guaranteed returns”. These terms are intentionally used to make you feel pressured and instill the fear of missing out (FOMO). Remember: you can always say no or take time to consider your options.
If you don’t understand it, walk away. Investing can be complex, and fraudsters will use this to their advantage.
For more investor education articles and fact sheets visit CIRO’s Office of the Investor.