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Alberta RCMP warn public of investment scam

Police said a fraudulent investment scheme cost a local senior nearly $100,000.
RCMP
RCMP warn about the dangers of financial scams.

A St. Albert senior lost close to $100,000 over the past year through scam, according to the St. Albert RCMP. 

The individual believed they were sending money to an investment platform put on by the Liberal Party. The senior clicked on a fake artificial intelligence (AI) generated “Liberal Investment Ad” on Facebook and signed up for the investment scheme. 

The RCMP said after the senior signed up for the investment scam, the fraudsters would reach out and request money transfers to invest using online messaging or by phone. Months passed before family members became aware of the money transfers and realized it was a scam. 

The St. Albert RCMP would like to remind the public that fraud can happen to anyone, and the individuals committing these crimes are often professional criminals with elaborate, convincing, and sophisticated scams. In 2024, Investment Fraud cost Canadians $310 million.

If you believe you have been a victim of a scam, the RCMP encourages you to contact them.




Jessica Campbell

About the Author: Jessica Campbell

Jessica Campbell joined the St. Albert Gazette in April 2025 after graduating from Carleton University. She covers court, crime and politics.
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