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News Release

BCSC ANTI-FRAUD CAMPAIGN COMES TO NANAIMO

  • Date:

    2007-04-09

  • Number:

    2007/23

Vancouver - The British Columbia Securities Commission's InvestRight program featuring a RED-FLAGS communications campaign, designed to alert investors about some of the most common fraudulent sales pitches, will be in Nanaimo on Tuesday, April 10, 2007.  BCSC staff will be holding an InvestRight seminar with the Nanaimo Probus club at the Nanaimo Yacht Club at 9:45 am.

Members of the media are invited to attend the seminar to learn more about investment scams and how people can protect themselves from fraud. Media can also arrange for interviews with the BCSC presenter - Patricia Bowles - after the seminar by contacting the BCSC in advance.

Who:Patricia Bowles - Director, Communications and Education, BCSC
What:InvestRight program and RED-FLAGS communications campaign in Nanaimo
When:Tuesday, April 10, 2007 at 9:45 am
Where:The Nanaimo Yacht Club
400 Newcastle Ave.

InvestRight was created to help protect investors from fraud and to give them the tools they need to ask the right questions before making investment decisions. The program is being implemented in conjunction with campaign partners that include The Better Business Bureau (Lower Mainland, Vancouver Island and the Interior), the BC Crime Prevention Association and the BC Hydro Power Pioneers, a BC Hydro retiree Senior's Safety and Crime Prevention Wise Owl program.

InvestRight is the B.C. Securities Commission's one-stop resource for investors to educate themselves on how to make informed investment decisions. Its comprehensive website at www.InvestRight.org provides a wide range of tools to help investors develop critical thinking skills they need to protect themselves - information such as how to do background checks, investment products, a scam meter and video clips from victims of investment fraud. The BCSC's RED-FLAGS communications campaign alerts investors to common sales pitches used by scam artists along with a province wide seminar program. If you have questions or problems with an investment or a financial adviser, please call 604-899-6854 or 1-800-373-6393 (toll-free in BC & Alberta).

The BCSC is the independent provincial government agency responsible for regulating trading in securities within the province. If you have questions, contact Andrew Poon, Media Relations, 604-899-6880.