Alberta Securities Commission - ASC

The Canadian Securities Administrators is warning Canadians about fraudulent investment groups being promoted on social media that could be running a stock price manipulation scam called a “ramp and dump.”

Ramp and dump schemes, a variant of pump and dumps, involve coordinated efforts by fraudsters to take control of low‑priced or thinly traded stocks, push their prices sharply upward, and then sell their holdings for profit. When the price falls afterward, ordinary investors are often left with significant losses. These schemes increasingly rely on social media and private messaging platforms to draw people into what appear to be legitimate investment groups.

Click on the link to learn more about how these scams work and how investors can protect themselves. https://www.asc.ca/News-and-Publications/News-Releases/2026/04/16-Ramp-and-dump-scams-surge-as-fraudulent-investment-groups-target-unsuspecting-investors

As Passover begins, we share warm wishes with everyone observing this important
time of renewal and reflection.