AI Fraud Awareness Campaign: "We're Not All F**ked"

The British Columbia Securities Commission (BCSC) has launched a new campaign to help people avoid fraud, especially scams using artificial intelligence (AI). The campaign, “Were Not All F**ked,” is designed to teach British Columbians how to spot and protect themselves from AI-driven investment scams.

According to the authority, The BCSC‘s latest fraud prevention campaign, “We’re Not All F**ked,” acknowledges the anxiety many individuals are feeling about AI while encouraging British Columbians to pause, scrutinize and think critically before investing.

Pamela McDonald, the BCSCs Director of Communications and Education. AI is a new tool for fraudsters to use to deceive investors, but the warning signs are much the same as other types of investment fraud,

She added “You are the first line of defense. So its more important than ever that you pause, think critically, and do your own research before investing.”

According to new research from the BCSC, 71 percent of British Columbians are worried about AI technology being used in investment fraud, and over half are unsure of where to look for information about AI investment scams.

Stay Safe from AI Scams

AI-driven investment scams are becoming more common in the Forex market, tricking people into thinking they‘re using advanced technology to make money. Scammers use fake AI tools and promises of high returns to lure in investors, but in reality, these are just tricks to steal your money. It’s important to be cautious of offers that seem too good to be true and to always do your research before investing. Stay alert and protect yourself from these growing scams.

About BCSC

The BC Securities Commission is the independent provincial government agency that enforces BCs Securities Act, which regulates how businesses raise money and how securities, such as stocks, bonds and mutual funds, are bought and sold. The authority, works closely with other Canadian regulators through the Canadian Securities Administrators to deliver cost-effective and highly harmonized securities regulatory oversight that ensures strong investor protection.

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