Consumer News

Alerts

The following alerts and brochures are published by FICOM for residents of British Columbia. Disciplinary action or warnings related to any one company or individual is made available under the Enforcement section of this site.



List of Scams

FICOM is not responsible for the content of external internet sites.

Credit Unions and Trust Companies

Release Date 
(mm/dd/yyyy)
  Subject
06/13/2007 Employments Verfication Services Scheme
06/13/2007 Credit Enhancement ("piggybacking") Schemes
02/05/2003 Scam Involving the Misuse of Financial Institutions Name

Insurance

Release Date 
(mm/dd/yyyy)
  Subject
03/11/2016 Home Warranty Insurance - Consumer Information
08/15/2011 AutoExperts Services INC. ("AESI") and Jonathan Cheung ("Cheung")
10/27/2010 Life Transformation Ministries International, Inc. And LTMI network (collectively “LTMI”)
01/09/2009 Superintendent Takes Action Against Aggressive Vehicle Warranty Telemarketers
01/09/2009 Telemarketed Extended Vehicle Warranty Offers
10/21/2008 Risks Associated with Purchasing Group Creditor Insurance Products through Vehicle Dealerships
02/22/2008 Advisory Regarding Centennial Insurance Company A.V.V. S.A. DBA CIC Insurance Company A.V.V. (“CIC Insurance Company”)
05/13/2004 Scam : No up-front insurance payments for loans.
11/05/2004 Scam: Fraud Alert - $2.6 million per company
04/10/2002 Viatical Settlements
------------- Shopping for Financial Services on the Internet

Pensions

Release Date 
(mm/dd/yyyy)
  Subject
09/15/2014 Pension Unlocking Scams Update
03/18/2009 Tax Alert: RSP and RIF Scams
06/29/2007 CRA Compliance Bulletin - RRSP Strip Schemes
09/20/2004 Re: New Skeena Forest Products Ltd
06/14/2004 Scam to Access Locked-in Accounts

Real Estate Development Marketing Act

Release Date 
(mm/dd/yyyy)
  Subject
10/28/2008 Purchaser’s Right to Cancel Contract of Purchase and Sale
05/28/2008 Risks Associated with the Assignment of "Pre-Sale" Contracts of Purchase and Sale
08/01/2007 Risks Associated With Purchasing “PRE-SALE” Residential Units

Real Estate Services Act

Release Date 
(mm/dd/yyyy)
  Subject
09/15/2016 New Actions Against Unlicensed Real Estate Services in BC
05/03/2016 Attempts to Sell Your Own Property Online May be Targeted by Unlicensed Operators
08/07/2013 Robert Alexander Collins is not licensed to provide rental property management services in B.C.

Mortgage Brokers

Release Date 
(mm/dd/yyyy)
  Subject
12/2/2014 Community Funds Union and Alliance Trust Union are not registered to provide mortgage broker services in British Columbia
06/06/2014 Suman Lata Sampat and Alpha Pacific Financial Corp. are not registered to provide mortgage broker services in British Columbia
08/14/2008 Internet Mortgage Applications: Potential for Indentity Theft
11/09/2007 Advance Fee Schemes
Do Not Pay Advance Fees for Residential Mortgages or Loans

Strata Property

Release Date 
(mm/dd/yyyy)
  Subject
    No posting information is available at this time

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