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CSA warns of fake Fidelity scam | Investment Executive

James Langton
Canadian securities regulators are warning investors about an alleged investment scam that appears to be impersonating fund company Fidelity Investments.
The Canadian Securities Administrators (CSA) issued an investor alert about a scam that purports to offer a high, guaranteed return from fictitious investment vehicles the “Fidelity Capital Protected Fixed Income Fund” and the “Guaranteed Investment Bond.”
The CSA said the scheme falsely claims to be regulated by the federal Financial Consumer Agency of Canada and to carry protection from the Canada Deposit Insurance Corp.
Fidelity issued its own warning to investors, noting that the scam uses fraudulent documents that “contained Fidelity’s logo, brand, likeness, an image of Fidelity Investments Canada ULC President Rob Strickland, and more.” ....

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CSA warns of fake Fidelity scam | Advisor's Edge

The scheme uses the fund company's logo, and falsely claims FCAC and CDIC protection ....

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Ruckify founder Steve Cody steps down as CEO of Ottawa-based online rental marketplace

The serial entrepreneur behind what will be likely be Ottawa’s next public company is looking for his next venture.
Steve Cody, who launched online rental marketplace Ruckify in 2017 and helped it raise millions of dollars from heavy-hitting financial backers, is back in familiar territory – startup mode – after stepping down as CEO in late January.
The move comes as Ruckify – which connects owners and renters of everything from canoes to chainsaws in much the same way Kijiji connects buyers and sellers – is poised to go public on the TSX Venture Exchange.
While the timing might seem unusual, the 52-year-old businessman says he started searching for his replacement in November after realizing the company needed someone at the top with a different skillset to guide it through its next phase of growth. ....

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Where to stash cash when selling a home. Plus, David Rosenberg and BlackRock's top strategist for Canada on how to invest in 2021

Where to stash cash when selling a home. Plus, David Rosenberg and BlackRock's top strategist for Canada on how to invest in 2021
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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Evening Update: Number of Canadians on EI surges to record after CERB transfer; hundreds of Nigerian students said to be rescued following kidnapping by Boko Haram

Evening Update: Number of Canadians on EI surges to record after CERB transfer; hundreds of Nigerian students said to be rescued following kidnapping by Boko Haram
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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