Regulators have found that between 74% and 89% of clients that trade in these products lose money
Fraudsters are still targeting Canadian investors through these, and other channels, Manitoba regulator warns
Ban supports efforts to protect Canadians from fraud
Alert outlines common investor complaints
The unregistered firms are alleged to have sold binary options to Ontario investors
Regulator cites online apps from unregistered firms that make misleading statements
The offshore firm involved in the scam used images of a Canadian celebrity to draw victims in
Regulators are seeing significant losses to investors dealing with unregistered binary option companies
Binary options are not problematic, but illegal, offshore firms defrauding investors with binary options trading schemes are, IIAC letter states
The alleged “recovery room” scam targets victims of binary options schemes