Saskatchewan has not been left out of the huge uptick in cryptocurrency trading frauds targeting Canadians.
“With economics the way that they are right now, and uncertainty sometimes in the markets, people are looking for something that they consider a secure investment. These platforms offer what sound like extremely safe and secure investments: huge returns and very little risk.”“Low risk, high profit, anything that looks too good to be real definitely is,” White said of possible red flags. “If you need to keep this investment a secret or you can’t tell your family.
“They are using all different forms of marketing to get out there and reach the investing public, and that’s where our concern comes in.”“Make sure you understand it, because they use all kinds of elaborate language just to try to confuse you. Google them, check the website,” White said.
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