BC Securities Commission Warns Of Scam That Has Targeted “Vulnerable Seniors”

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BC Securities Commission

On Monday, the BC Securities Commission (BCSC) issued a statement warning the public to exercise extreme caution about unsolicited phone calls promoting an investment in a B.C.-based technology company.

The BCSC say that they recently learned that several vulnerable seniors in B.C. have been targeted. Someone using high-pressure sales tactics would be calling them. This includes daily phone calls, to encourage them to buy shares in CannaOne Technologies Inc.

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“The caller, whose number appears on caller identification as coming from a 646 area code (New York), instructs people to buy a certain number of shares at a certain price, and tells them not to sell until they receive a follow-up phone call” reads their website.

If you have received an unsolicited phone call about purchasing CannaOne or any other investment, please contact the BCSC Inquiries line at 604-899-6854 or 1-800-373-6393.

To learn more, visit the BC Securities Commission website here.

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