Canadian Securities Regulators Disrupt Over 7,500 Fraudulent Investment Websites

AMF Quebec News

Published March 3rd, 2026

Detected March 12th, 2026

Summary

The Canadian Securities Administrators (CSA) announced the disruption of over 7,500 fraudulent investment websites targeting Canadians. This initiative highlights the CSA's use of regulatory and enforcement tools to combat online investment fraud and protect investors.

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What changed

The Canadian Securities Administrators (CSA) have released updated figures indicating the disruption of over 7,500 fraudulent investment websites as part of ongoing efforts to protect Canadians from online investment scams. This announcement, made during Fraud Prevention Month, underscores the CSA's commitment to utilizing a range of regulatory, enforcement, and technological tools to proactively identify and dismantle these fraudulent operations. The CSA emphasizes the importance of collaboration with regulatory partners, industry, and law enforcement to combat this growing threat.

Regulated entities and investors are urged to remain vigilant and to consult the CSA's National Registration Search to verify the registration of individuals or firms offering investment advice or products. While this notice does not impose new direct obligations, it signals an intensified regulatory focus on online fraud. The CSA will begin incorporating statistics on deactivated websites into its annual Year in Review publication starting in 2026, indicating a continued emphasis on tracking and reporting these efforts. Investors suspecting fraud should contact their local securities regulator.

What to do next

Review CSA's National Registration Search for verifying investment professionals.
Educate investors on common red flags of investment fraud.
Report suspected fraudulent investment activity to local securities regulators.

Source document (simplified)

Published: March 3, 2026 CSA Calgary – In recognition of Fraud Prevention Month, the Canadian Securities Administrators (CSA) today released updated results from its effort to disrupt fraudulent investment websites targeting Canadians.

“Online investment scams continue to pose a serious risk to Canadians, and we are using a full range of regulatory and enforcement tools, including advanced technological capabilities, to proactively identify and disrupt fraudulent websites,” said Stan Magidson, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. “This initiative strengthens our ability to protect investors and underscores the importance of working closely with regulatory partners, industry and law enforcement to combat online investment fraud.”

Combatting online fraud is a shared responsibility. Over the past year, securities regulators have intensified their coordinated

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This Fraud Prevention Month, the CSA continues to urge investors to remain vigilant and to look out for common red flags

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The CSA will begin including statistics about deactivated websites in its annual Year in Review publication starting in 2026.

Suspect you or someone you know is a victim of an investment scam?

If you feel like you or someone you know has been approached or is a victim of a fraudulent investment, contact your local securities regulator

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The CSA, the council of the securities regulators of Canada’s provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets.

For media inquiries, please contact:

Ilana Kelemen
Canadian Securities Administrators
[email protected]

For investor inquiries, please contact your local securities regulator

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