Investment fraud is quickly becoming a common occurrence experienced by Ontarians and can be challenging to realize before it is too late. There are a substantial amount of investment products available on the market, which can easily overwhelm the average Canadian investor. Therefore, many individuals looking to make smart investments look to financial professionals, such […]
Category Archives: Investment Loss
Ontario’s Former “Crypto King” Facing Bankruptcy and Investor Claims After Losing Millions
A 23-year-old self-titled “Crypto King” from Whitby, Ontario, who just months ago was written about in finance publications, is now embroiled in a bankruptcy proceeding, and facing the ire of several investors who claim he lost their life savings. Aiden Pleterski, owner of AP Private Equity Limited, initially made headlines in Canada and abroad after […]
Receiver, Investors at Odds Over Best Method to Recover Investment Losses
Bridging Finance is an Ontario private-debt fund that touted itself as a seemingly risk-proof investment option but has been facing intense scrutiny for the past couple of years by the Ontario Securities Commission over concerns of investment fraud. Now, investors are facing losses of over $1 billion dollars as an appointed receiver is struggling to […]
How to Protect Yourself from Investment Fraud
The ability to trust the person or institution that oversees your money is essential. Whether you’re investing a relatively modest amount or millions of dollars, the negligence or bad faith actions of those entrusted with the money can be devastating for the investor and their family. There has been no shortage of headlines over the […]
Proposed Regulatory Changes for Ontario’s Insurance Industry
Regulatory agencies exist primarily to protect the public by providing oversight, practice guidance, and disciplinary action for the industries over which they have jurisdiction. As part of that oversight, these agencies must respond when gaps are identified and provide guidance and recommendations to improve services. Recently, the Financial Services Regulatory Authority of Ontario, which oversees […]