Your investing questions, our clear answers.

Our response:

It is great that you are taking steps to find out more about this individual before making an investment.

Before making an investment decision, you should check their registration at CheckBeforeYouInvest.ca.

Since you mentioned that this investing opportunity was being offered to your community group, you may find information in this article about affinity fraud helpful. This is a form of investment fraud in which fraudsters approach potential victims through a group or community organization they belong to and whose trust they have gained.

One of the 4 signs of fraud is offering a big return for little risk. Here are 4 ways to avoid investment scams.

You can also contact the OSC Inquiries & Contact Centre for more information.