RCMP Alerts Whitbourne Residents to Investment Scam
Residents of Whitbourne are on high alert following reports of an investment scam. The Royal Canadian Mounted Police (RCMP) are investigating the activities of a man posing as a financial advisor. He is approaching individuals with offers of significant returns on cash investments.
Details of the Scam
The scammer reportedly solicits investments of up to $100,000. He identifies himself using variations of the name Warren Bennett or Bennett Warren. The individual is described as being in his 50s and claims to originate from the Gander area.
RCMP Warnings
The RCMP have emphasized that this man is not a registered financial advisor. He is not qualified to provide any investment services or guaranteed returns on investments. Authorities urge community members to exercise caution and skepticism.
Advice from the Canadian Anti-Fraud Agency
The Canadian Anti-Fraud Agency has provided several tips for recognizing potential scams. These include the following:
- Be wary of unsolicited investment offers, even from acquaintances.
- Watch out for promises of unusually high returns.
- Avoid websites claiming to offer fake cryptocurrency investments.
- Steer clear of high-pressure sales tactics.
- Do not agree to pay with cryptocurrency without thorough research.
