Executive Director of the Securities Division with the FCAA is warning Saskatchewan residents about unregistered entities posing as an existing investment firm to entice Saskatchewan investors.

The Financial and Consumer Affairs Authority of Saskatchewan warns investors of the online entities the Investment Center and Investment Center Holdings Int’l and of their website www.investmentcenter.finance.

Dean Murrison says residents are urged to pay attention to all details when vetting an investment opportunity.

The FCAA says these entities have contacted a resident of Saskatchewan under false pretenses, by masquerading as the legitimate firm The Investment Center, Inc., which is registered with SEC and FINRA.

Neither the Investment Center nor Investment Center Holdings Int’l are registered to trade or sell securities or derivatives in Saskatchewan. The FCAA cautions investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses.