Investors and Alberta Securities Commission

Alberta Securities Commission: The provincial securities regulator says has encouraged Alberta investors to place funds in offshore accounts in order to access a new investment product that promises high returns with low risk. , according to Canadian Broadcasting Corporation, CBC. This type of investment makes it highly unlikely for investors to be insured against loss, the regulator adds. The Alberta Securities Commission is warning investors of what appears to be an illegal scheme to sell securities by Europe-based Pacific Investments. The regulator notes that it more difficult, if not impossible, for investors to retrieve their money offshore if something goes wrong. (news.financializer.com). As reported in the news.