Saskatchewan’s Financial and Consumer Affairs Authority is warning investors of an unregistered entity called RCF Investments.

RCF Investments claims to offer trading opportunities, including cryptocurrencies, indices, forex, shares, commodities including agri-commodities and exchange traded funds, however it is not registered with the FCAA 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.

FCAA Securities Division Executive Director Dean Murrison says, “Searching the registration status (of a business) will tell you quickly if the entity you intend to invest with is reputable.”

If you have invested with RCF Investments or anyone claiming to be acting on their behalf, contact the FCAA’s Securities Division.