Contact:

www.crownmanagers.com (link no longer operational)

Background:

Crown Managers claims to have offices in China, Norway, the United Kingdom and the United States, and offers an online binary options trading platform.

We became aware that a British Columbia (BC) resident was solicited to invest with Crown Managers.

A binary option is a type of option whose payout depends on whether the underlying asset (such as a stock, a commodity, a currency pairing, etc.) increases or decreases in value.  Options are considered to be securities under the securities legislation in BC.

Crown Managers is not registered to trade in, or advise on, securities or exchange contracts in BC.

We urge BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.