CALGARY – In recognition of Fraud Prevention Month, the Canadian Securities Administrators (CSA) today released updated results from its effort to disrupt fraudulent investment websites targeting Canadians.
Between June 5, 2025, and February 12, 2026, CSA members worked together to successfully facilitate the deactivation of more than 7,586 fake investment platforms and crypto scam websites involving more than 13,000 individual URLs associated with those sites.
“Online investment scams continue to pose a serious risk to Canadians, and we are using a full range of regulatory and enforcement tools, including advanced technological capabilities, to proactively identify and disrupt fraudulent websites,” said Stan Magidson, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. “This initiative strengthens our ability to protect investors and underscores the importance…
Inspect the sender’s actual email address—not just the display name—for subtle misspellings like “info@paypa1.com” or “support@nmb-bank.co” which indicate a spoofing attempt.