Skip Navigation

News Release

Seniors to learn how to protect against investment scams

  • Date:

    2003-02-07
  • Number:

    2003/12

Vancouver -- The B.C. Securities Commission is sounding the alarm on investment frauds and scams with a pair of free investor education seminars for seniors living in the Lower Mainland.

“We strongly believe that it is important for people to be warned about investment scams and to get tips on how to avoid falling prey to these scams,” says BCSC Chair Doug Hyndman. “To do that, we are taking our popular seminar ‘Investigate before you invest’ to people throughout B.C.”

The seminars will show people how to protect themselves and their investments from frauds and unscrupulous salespeople. Learn how to identify an investment scam, how to check out the background of a financial adviser and how to determine if an investment is suitable for your circumstances.

Representatives from the securities commission will be teaming up with the group, Canada’s Association for the Fifty-Plus, to hold the two seminars:

  • South Surrey - February 11, 2003
    Location: White Rock Baptist Church
    1657 140 Street, Surrey
    Time: 10:00 am
  • Langley - February 18, 2003
    Location: Langley Senior Resource Centre
    20605 51B Ave., Langley
    Time: 10:00 am

To register, call 604-899-6773.

The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities and exchange contracts within the province.
- 30 -