The Financial and Consumer Affairs Authority of Saskatchewan is warning investors of an online entity known as The Profit Legion.
FCAA Securities Division Executive Director, Dean Murrison, explains that The Profit Legion claims to offer residents trading opportunities including cryptocurrencies, forex, shares, indices, metals and energies, but is not registered to trade or sell in Saskatchewan.
He cautions investors and consumers not to send money to companies that aren’t registered in this province because they may not be legitimate.
You can verify any company’s registration status by clicking here.