Top OSC officials say they are witnessing a surge in online scams and fraud

Top OSC officials say they are witnessing a surge in online scams and fraud

The Ontario Securities Commission is ‘inundated’ with fraud cases, says executive vice-president of enforcement

Canada’s Securities Regulator Warns of Surge in Crypto Scams Amid Rising Global Instability

Scammers Use AI Deepfakes and Fake Trading Platforms Cryptocurrency-based fraud is booming in Canada, where scammers are increasingly using sophisticated AI tools like deepfakes to trick investors. The Ontario Securities Commission (OSC) has warned that the trend makes it harder to identify scams as fake trading platforms and online impersonations are on the rise. CEO Grant Vingoe, speaking at the OSC’s annual conference, said that today the bus…

Canada's securities regulator flags rise in crypto scams amid 'geopolitical unpredictability'

Crypto-related fraud is booming in Canada as scammers increasingly use AI tools to target investors, the Ontario Securities Commission says. Canada‘s top securities watchdog is sounding the alarm on a wave of crypto scams, saying fraudsters are now using slick…