Saskatchewan Residents Warned of Stars Lottery and Carney Investment Scams

A warning has been issued to residents of Saskatchewan regarding two separate scams that have been targeting individuals in the province. The first scam is related to the Stars Lottery, where scammers are contacting people and claiming that they have won a large sum of money. The scammers then ask the individuals to pay a fee in order to claim their prize. However, this is a scam and there is no prize to be claimed. The second scam is related to Carney investments, where scammers are promising unusually high returns on investments. They claim that the investments are low-risk and will generate significant profits, but in reality, they are fraudulent schemes designed to part people from their money. The scammers use high-pressure sales tactics to convince people to invest, and they often use fake documents and websites to make their schemes appear legitimate. The Saskatchewan Financial and Consumer Affairs Authority (FCAA) has issued a warning about these scams, urging people to be cautious and to do their research before investing any money. The FCAA has also reminded people that if an investment opportunity seems too good to be true, it probably is. Residents are advised to be wary of any unsolicited calls or emails offering investment opportunities, and to never give out personal or financial information to unknown individuals. The FCAA is working to educate people about these scams and to prevent further losses. In addition to the FCAA, the Royal Canadian Mounted Police (RCMP) is also investigating these scams and is urging people to come forward if they have been targeted. The RCMP is reminding people that they should never send money to someone they do not know, and that they should always verify the identity of anyone who contacts them with an investment opportunity. The scams are not only targeting individuals, but also businesses and organizations. The FCAA and the RCMP are working together to raise awareness about these scams and to prevent further losses. They are urging people to report any suspicious activity to the authorities immediately. By being aware of these scams and taking steps to protect themselves, residents of Saskatchewan can help to prevent further losses and keep their communities safe. The FCAA and the RCMP are committed to protecting consumers and investors, and they will continue to work together to combat these scams. Residents are advised to stay vigilant and to always prioritize their financial safety and security.

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