BG Wealth Sharing Investment has been added to the list of scams by Alberta ASC.
The ASC is the Securities Regulator for the province of Alberta.
They are waring Albertans to stay away from this investment scam.
According to the ASC...
BG Wealth Sharing Ltd. is not registered to trade in or advise on securities or derivatives in Alberta. It is recommended that investors should not deal or engage with firms that are not registered as there is no assurance of any investor protections.
I reviewed BG Wealth Sharing back in January on this blog and didn’t recommend them because of the red flags:
1- Fake Professor:
2- Fake Trading Signals:
Who on earth would believe in trading signals that win 99.6% of the time?
3- Ridiculous ROI:
They claim (according to the investment plans above) that you can basically more than 1000 X your deposit in 18 months.
In truth these investors / victims are seeing numbers on screen and are excited about the future.
Some of these bg wealth sharing investors have been acting ridiculously and behaving bad like this person:
Why are they behaving this way?
Because they are seeing numbers on a screen and are allowed to take small amounts of their own money out in the beginning.
However, the large amounts (numbers on a screen) can never be withdrawn in a pig butchering scam.
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Leslie (the Scam Promoter) had some kind of African name on her youtube channel but I still found out who was trolling my channel comments because she didn’t change her youtube handle lol.
Here is a picture of her promoting the BG Wealth Scam on Facebook:
Most people who are promoting scams like BG Wealth Sharing know it’s a scam and defend it as being legit because they don’t want their potential victims to wake up and see the red flags and risk.
Once they get more Fraud Warning Alerts (outside Alberta), Network Marketing Recruitment will dry up as potential investors / victims get scared off.
This will trigger a collapse in the Ponzi Scheme.
Rory Singh
Content Creator & Reviewer (EX Canadian Truck Driver)
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