Newspaper article The Canadian Press

National Audio 4:05 PM ET

Newspaper article The Canadian Press

National Audio 4:05 PM ET

Article excerpt

National Audio 4:05 PM ET

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NAT091 - (Alta-Investment-Scams) CALGARY. x-15s. The Alberta Securities Commission is warning investors to be wary of scams -- especially those based on high profile stories that make the news. Alison Trollope (TRAWL'-up), the director of communications and investor education for the commission, says a number of dubious companies make claims to attract investors to pump up the value of their stocks. ("..and tsunami.") (SOURCE:The Canadian Press)

TAG: Trollope says a number of companies claimed to be close to a vaccine for the Zika virus while the 2011 Japan nuclear accident spawned another phoney claim for the next generation of radiation detectors. She says once the shares go up those behind the scam cash in before the value drops. …

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