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Nova Scotia Securities Commission warns of 'recovery scam' involving impersonation
The commission said one Nova Scotia resident received a fake restitution letter that asked for payment to verify an account.
- The Nova Scotia Securities Commission issued a warning yesterday about a recovery scam impersonating its enforcement staff, targeting previous investment fraud victims with fake letters promising restitution.
- Recovery scams typically involve fraudsters reusing a victim's financial information to target them a second time, falsely promising to recover previously stolen money to solicit new funds.
- Featuring the NSSC logo and a fake file number, the fraudulent letters instruct victims to transfer funds to verify accounts while citing the Financial Transactions and Reports Analysis Centre of Canada .
- One Nova Scotia resident has already fallen victim to this scheme, prompting the commission to urge anyone receiving such a message to report it immediately to the NSSC at 424-7768.
- Regulators and law enforcement never charge fees to return stolen money, the NSSC emphasizes; any individual requesting payment to recover lost funds is conducting a scam.
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9 Articles
NiagaraFallsReview.ca+2 Reposted by 2 other sources
Nova Scotia Securities Commission warns of ‘recovery scam’ involving impersonation
HALIFAX - The Nova Scotia agency that regulates the trading of stocks, bonds and derivatives in the province is warning residents about an impersonation scam.
·Niagara Falls, Canada
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Winnipeg Free Press+4 Reposted by 4 other sources
Nova Scotia Securities Commission warns of 'recovery scam' involving impersonation
HALIFAX - The Nova Scotia agency that regulates the trading of stocks, bonds and derivatives in the province is warning residents about an impersonation scam.
·Winnipeg, Canada
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N.S. Securities Commission warning of impersonation scam
The group responsible for regulating trade in securities in Nova Scotia was the targeted of scammers in an impersonating letter that claimed one victim. The Nova Scotia Securities Commission (NSCC) is warning people that bad actors are attempting to manipulate the public for their own financial gain by impersonating enforcement staff. According to the organization, […]
·Toronto, Canada
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Total News Sources9
Leaning Left3Leaning Right1Center3Last UpdatedBias Distribution43% Left, 43% Center
Bias Distribution
- 43% of the sources lean Left, 43% of the sources are Center
43% Center
L 43%
C 43%
14%
Factuality
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