At Grandeur Peak, your security is a top priority. As investment scams become increasingly sophisticated, it’s crucial to stay informed and take precautions to protect your personal wealth.
According to FINRA Investor Alert, “Since fall 2023, FINRA has seen a significant spike in investor complaints resulting from recommendations made by fraudulent ‘investment groups’ promoted through social media channels. Complaints received by FINRA and posted on social media describe bad actors, posing as registered investment advisers, who initially advertise ‘stock investment groups’ on Instagram and other social media channels and then turn to encrypted group chats on messaging applications such as WhatsApp to communicate with interested investors and pitch investments.”
Grandeur Peak does not conduct any business on WhatsApp or any other social media platform, aside from maintaining a company LinkedIn page. Grandeur Peak allows direct shareholders access to their accounts from our website, www.grandeurpeakglobal.com. We do not have any apps facilitating account access.
Additionally, Grandeur Peak has robust security measures when you need to access your account. Online access requires multi-factor authentication. Access when calling our Investor Services Group includes validating multiple pieces of personal information before your account can be accessed.
If you are, or have been, contacted by any group or individual via WhatsApp or any social media platform claiming to be a representative of Grandeur Peak, you may be the target of a fraud attempt or investment scam.
Please read more about how scammers operate in the FINRA Investor Alert to protect yourself.
If you believe you are the victim of this type of scam, please contact local law enforcement and log a complaint online at www.ic3.gov.
