Canadian regulator “MSC” warns against multiple binary options brokers involving illegal activities and strongly cautions the public to “reconsider investing with so-called ‘binary options’ trading firms” see the full reports on “Manitoba Securities Comission” website in this link.
The Manitoba Securities Commission issues investor alerts to warn the public about activities that are illegal or pose a risk to the general public.
Manitoba friends lose big money to foreign fraudsters
Posted: July 4, 2016
Winnipeg – The Manitoba Securities Commission (MSC) is strongly cautioning the public to reconsider investing with so-called ‘binary options’ trading firms. Three Manitobans have made complaints to MSC after losing a combined $144,446 through PluStocks, an online binary options trading company not registered to conduct business in Canada.
Foreign firm takes Manitoba woman for $10,000
Posted: June 2, 2016
Winnipeg – The Manitoba Securities Commission (MSC) is reminding the public to think twice before investing with so-called ‘binary options’ firms. MSC recently received a complaint from a 61-year-old Manitoba woman regarding Magnum Options, a company not registered to sell securities in Manitoba, or anywhere else in Canada.
Securities investigator randomly contacted by illegal investment firm
Posted: April 20, 2016
Winnipeg – Manitoba resident Jason Roy couldn’t believe the coincidence when he received a random automated call at his home at 6 p.m. on April 11 from Central Option, a ‘Binary Options’ trading firm offering an ‘amazing investment opportunity.’ Roy, senior investigator with Manitoba Securities Commission (MSC), began a conversation with a self-described expert on Binary Options trading. Roy then began gathering evidence while pretending to be a potential high-value investor.