The Nova Scotia Securities Commission is alerting investors that Magnum Options, which is operated by Hampshire Capital Ventures Ltd., is not registered to sell securities in Nova Scotia. The commission previously issued an alert regarding Magnum Options in November 2016. Warnings against this company have also been issued in Manitoba and British Columbia. This company, also known as magnumoptions.com and magnumoptions.eu, is offering a binary options trading platform to Nova Scotians. At least two Nova Scotians saw advertisements for Magnum Options on Facebook, used credit cards to open online accounts, and lost money. One Nova Scotia woman says she authorized a payment to Magnum of $250 on her credit card, however, after this initial charge, an additional $10,000 was charged to her credit card without her knowledge. The commission urges Nova Scotians to exercise extreme caution when dealing with firms that are not registered in Nova Scotia. It is illegal to solicit investments in Nova Scotia without registering with the commission and complying with Nova Scotia securities laws. Nova Scotians can go to www.AreTheyRegistered.ca to verify registration status of any investment firm or representative across Canada. “Checking registration is step one,” says Heidi Schedler, senior enforcement counsel at the commission. “After that, Nova Scotians need to be extremely cautious about giving out personal financial information such as credit card numbers or banking information. Take the time to research what you are being told, understand it fully, and be confident that you are not investing more than you can afford to lose.” Contact the commission at nssc.novascotia.ca/recognize-and-report-scam to report a scam. The Nova Scotia Securities Commission is the provincial government agency responsible for regulating the investment industry in the province. -30-
Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedEYEWITNESS: Hapless…July 26, 2017In “EYEWITNESS”EYEWITNESS: Affirmative action…October 26, 2017In “EYEWITNESS”EYEWITNESS: A political problem…January 6, 2018In “EYEWITNESS” …in politicsYour Eyewitness has often written (…like that, eh??!!) about events serving as “Rorschach Tests” that reveal the mindsets and motivations of political actors in Guyana. But with the fallout from the “Chronicle firings” we don’t need to project anything…the players are openly “telling it like it is”!! It’s like everyone has now been given Superman’s “X-ray vision” – adapted to expose political machinations!!The “official” explanation by the Chronic editor for firing Hinds and Lewis was the paper was being “rebranded”. Let’s take that for what it’s worth and examine the writings of the fellas who replaced the two whose heads were served on a platter, a la Salome and Herod, for clues about the “rebranding”!!They’re two youngsters who seem to’ve been just exposed to the western “classics” in book form and couldn’t have possibly been around long enough to experience how the nuggets of wisdom might’ve fared in our Guyanese reality.It’s clear the two young men still believe history unfolds in a unilinear fashion along paths trod by the Greeks and Romans. Even Black Panther hasn’t woken them up to the fact that there can be other (maybe more relevant) trajectories!! Anyhow, one of the replacements, essayed a piece taken from the Philippics of Cicero against the ambitions of Mark Anthony to take over the Roman Empire. He warned against “The Enemy Within” who’re doubly dangerous because they speak in the “accents” of the incumbents. In other words, they’re traitors to the Republic.This argument was made explicitly against David Hinds by the fella your Eyewitness referred to yesterday, Milton Bruce, who seem to have a real grouse against the activist. His venom is palpable! And this is where your Eyewitness thinks things are getting out of hand. Once the “chosen” start using words like “enemies” and “betrayal” of “us” and “they” will get in to do “us” in, then we are unleashing a mindset that took us over the abyss before.This is the language of extremism that inevitably leads us to ensure “purity” of those who’ll be allowed to enter into the Kingdom of (in our case) the coming oil wealth. Hinds and Lewis have repeatedly assured the powers-that-be they’re committed to the end game, but are just in disagreement with some particulars. This is not “pure” enough for the new gatekeepers, so what about the rest of us??It’s just like when Rodney dared to tell Burnham he was insulting African Guyanese when he assumed they’d railroad a “PPP Indian” from the Corentyne, for treason.And we all know the “sharper steel” had to be brought out, don’t we? It’s like déjà vu all over again!!…in elections riggingHave you, dear readers, been following the accusations of a Data Mining company – Cambridge Analytica (CA) – having access to 50 million Facebook accounts – and using the info to possibly influencing the last US elections on behalf of Trump? Now, while most have been obsessing about the betrayal of the Facebook business model’s confidentiality assurances to its members, your Eyewitness is more concerned about the “influencing” of elections by CA!!He’s always assumed Facebook would be using its data to make money – and that means closing their eyes to a whole lot of slackness. But while you, dear reader, may believe this kind of data exploitation might work in the US where everyone’s plugged into the Matrix, and it doesn’t concern us, think again!! News is out from a secret taping of a CA executive by a British TV Channel, they were involved in the recently (very) troubled elections in Ghana that had to be held over because of violations!And, dear reader, if data manipulation could affect the Kenyan elections, why should we be exempt??…of waterGWI just announced they want to build a new HQ on prime Bel Air land they reclaimed because a fence was obstructing the Lama Canal.As opposed to a building?