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The “Fidelity Capital Protected Fixed Income Fund” and the “Guaranteed Investment Bond” are not products offered by Fidelity Investments. To make the documents appear more legitimate, they reference that the Financial Consumer Agency of Canada (FCAC) regulates the investment firm and its products, and that investors have a right to file a complaint with FCAC if they are dissatisfied.
May 18, 2021 · The Canadian Securities Administrators (CSA) is cautioning investors to be wary of new investment scams that falsely promote new products from Fidelity Investments. “The ‘Fidelity Capital Protected Fixed Income Fund’ and the ‘Guaranteed Investment Bond’ are not products offered by Fidelity Investments,” the CSA said in a new investor alert.
- Leo Almazora
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May 17, 2021 · The Canadian Securities Administrators (CSA) issued an investor alert about a scam that purports to offer a high, guaranteed return from fictitious investment vehicles — the “Fidelity Capital Protected Fixed Income Fund” and the “Guaranteed Investment Bond.”
May 17, 2021 · The Canadian Securities Administrators (CSA) issued an investor alert about a scam that purports to offer a high, guaranteed return from fictitious investment vehicles — the “Fidelity Capital Protected Fixed Income Fund” and the “Guaranteed Investment Bond.”
Grandparents scam: Scammers call or email posing as a grandchild/family member in distress who needs money (usually via gift card or cash) immediately. Romance scam: Criminals using dating websites, apps, or social media to build rapport and trust—and then start asking for money.
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