VANCOUVER, British Columbia — In an effort to detect and prevent investment fraud, Canada's credit unions and several of the country's securities commissions have teamed up to stop the widespread crime in its tracks.
A 30-minute course funded by the securities commissions in British Columbia, Alberta, Manitoba, New Brunswick and Nova Scotia teaches employees how to identify common types of investment fraud, recognize warning signs, understand the financial and social impact of investment fraud, and help those who may be at risk.
The course is offered by CUSOURCE Credit Union Knowledge Network, a strategic development organization for the credit union system in Canada. Investor education staff from five securities regulators worked with CUSOURCE and the Credit Union Central of British Columbia to develop the course content, which features interactive exercises and scenarios, according to CUSOURCE.
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