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Dec 05, 2023
CALGARY – December 5, 2023 – The Alberta Securities Commission (ASC) is warning the public to be wary of unsolicited communications from individuals claiming to be from the ASC.
We have received a number of complaints recently where a member of the public has been contacted by someone posing as an ASC staff member. In each instance, the person who received the call had previously lost money in an offshore crypto-related investment. We believe that the individuals claiming to be ASC staff may be operating a recovery room scam, in an attempt to re-victimize investors who have already lost money.
The ASC will never:
Please contact the ASC Public Information Officer directly with any concerns regarding an unsolicited communication using any of the following methods:
Members of the public are encouraged to visit CheckFirst.ca for more information about investment scams, including recovery room scams.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
For further information please contact:
For Media Inquiries:
For Investor Inquiries:
Tanja McMorris Senior Advisor, Communications email@example.com
ASC Public Inquiries Toll Free: 1-877-355-4488