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
09/20/2017 Joint Investigation by Watchdogs Takes Aim at Insurance & Payday Lending Practices
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


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

 

The Acrobat Reader application is required for viewing these PDF files. To download a free copy, click on the "Get Acrobat Reader" logo at left.