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ASC Investor Alert: BG Wealth Sharing Suspected Investment Scheme

Favicon for www.albertasecurities.com Canada ASC News Releases
Filed February 17th, 2026
Detected March 13th, 2026
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Summary

The Alberta Securities Commission (ASC) has issued an investor alert warning the public about BG Wealth Sharing, a suspected investment scheme promoted via social media and messaging apps. The scheme, linked to DSJ Exchange, claims to use AI for guaranteed returns and is not registered in Alberta.

What changed

The Alberta Securities Commission (ASC) has issued an investor alert warning the public about BG Wealth Sharing, a suspected fraudulent investment scheme promoted through social media and messaging apps, linked to a web-based trading platform known as DSJ Exchange (DSJ EX). The scheme claims to use AI-generated trading signals for guaranteed returns and promises to rapidly double investors' money. Neither BG Wealth Sharing nor DSJ EX are registered in Alberta to provide investment services or advice. Participants are directed to deposit crypto on DSJ EX, use encrypted apps for trading, and face high withdrawal fees and lengthy approval processes when attempting to access funds. Funds are allegedly consolidated and routed through crypto bridges to obscure their movement.

Regulated entities and investors should be aware of the red flags associated with this scheme, including rotating website domains, promises of unrealistic returns, high-pressure recruitment tactics, restrictions on fund access, and the use of unofficial mobile apps. The ASC advises investors to use resources like CheckFirst.ca and the National Registration Search to verify the registration of individuals or firms before investing. This alert serves as a warning to prevent potential financial losses due to unregistered and potentially fraudulent investment activities.

What to do next

  1. Review ASC Investor Alert regarding BG Wealth Sharing and DSJ Exchange.
  2. Verify registration status of any firm or individual offering investment opportunities using the National Registration Search.
  3. Educate clients and internal staff on common red flags of investment fraud.

Source document (simplified)

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Investor Alert: ASC warns public about suspected investment scheme called BG Wealth Sharing

Feb 17, 2026

CALGARY – February 17, 2026 – The Alberta Securities Commission (ASC) is warning the public about a suspected investment scheme called BG Wealth Sharing, which is linked to a web based trading platform known as DSJ Exchange (DSJ EX).

The scheme, promoted through social media and messaging apps, presents itself as a hedge fund that claims to use AI generated trading signals to produce guaranteed or near perfect trades. It also promises to rapidly double investors’ money. Neither BG Wealth Sharing nor DSJ EX are registered in Alberta to facilitate the buying or selling of investments or securities or to provide investment advice.

According to recent reports, BG Wealth Sharing participants are directed to deposit crypto on DSJ EX through several websites and then paste “signal codes” received through encrypted apps, such as BonChat, WhatsApp, Telegram, to place trades. Participants who try to take out funds are then met with high withdrawal fees and a time-consuming management approval process. Information further suggests deposits are quickly consolidated and routed through crypto bridges, a technique commonly used to obscure the movement of funds.

Multiple regulatory agencies have issued warnings about BG Wealth Sharing/DSJ EX and related entities.

Warning signs associated with BG Wealth Sharing and similar fraudulent schemes include:

  • Frequent use of rotating or lookalike website domains to evade detection (e.g., bg877.com, bg661.com, dsjex.net, dsj89.com, dsjex123.com, and numerous similar variations).
  • Promises of guaranteed or unrealistic daily returns, including claims that participants can double their funds within 60 days, or rely on near perfect algorithmic trading signals.
  • High pressure recruitment and multi-level marketing (MLM) style incentives, such as rank advancement, referral bonuses and promotional testimonials.
  • Restrictions on accessing funds, including high fees, early withdrawal penalties, and the need for management approval.
  • Use of mobile apps not available through official app stores, distributed through direct download links.
  • Fabricated endorsements and misleading regulatory claims, including references to unverified founders and claimed international approvals. The ASC advises that this scheme should not be confused with BG Wealth Group Inc. and other BG Wealth entities that appear to be operating as an Ontario-based real estate investment and financial consultancy group, as stated in a Temporary Order issued against those entities by the Ontario Securities Commission on February 6, 2025. Before taking part in any opportunity, investors are strongly encouraged to visit CheckFirst.ca and to:
  • Learn the red flags of fraud.
  • Use the National Registration Search to confirm the individual or firm selling an investment is registered to deal or advise in investment opportunities.
  • Check the ASC Investment Caution List, CSA Investor Alerts, Disciplined List and Cease Trade Orders to ensure the individual or firm selling the investment opportunity isn’t considered an investor risk, or the subject of disciplinary or enforcement actions. The ASC is the regulatory agency responsible for administering the province’s securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada’s capital markets.

For Media Inquiries:

Tanja McMorris
Alberta Securities Commission
[email protected]

ASC Public Inquiries
Toll Free 1-877-355-4488
[email protected]

For Investor Inquiries:

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
Various
Filed
February 17th, 2026
Instrument
Enforcement
Legal weight
Non-binding
Stage
Final
Change scope
Substantive

Who this affects

Applies to
Investors Financial advisers
Geographic scope
National (Canada)

Taxonomy

Primary area
Securities
Operational domain
Compliance
Topics
Consumer Protection Financial Services Cybersecurity

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