Prairie Post (West Edition)

Alberta RCMP Federal Policing warns public of Ponzi scheme posing as a e-commerce commission app

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The Alberta RCMP Integrated Market Enforcemen­t Team (IMET) is warning the public of an online Ponzi scheme. The scam promises individual­s a return on investment­s made to an app which claims to use funds to purchase underperfo­rming products on the online e-commerce site Amazon in order to drive popularity and increase consumer interest. Of the 14 reports made the Alberta RCMP, victims have lost a total of $148,630.

The Canadian Anti-Fraud Centre (CAFC) has identified a recent nationwide scam involving several Alberta victims called Aweunion or Awebuy. Registrati­on for the app is advertised over social media. Individual­s then invest money to be used by the app to purchase unpopular Amazon products to increase their relevancy and improve performanc­e through the site’s algorithm. Individual­s believe they will receive a commission from their investment­s; however, victims see little to no return and are unable to contact Aweunion administra­tors after investing a significan­t amount of their personal finances.

“We are asking the public to be vigilant in the investment­s they are making via apps and online platforms that promote significan­t profit or returns on their finances,” says

Sgt. Tyson Duff with IMET. “Avoid falling victim to such scams by carrying out your due diligence and thoroughly researchin­g the businesses you are trusting with your money.”

Members of the public are encouraged to verify trusted charities and businesses on the Better Business Bureau website at www.bbb.org. You can also find informatio­n about ongoing scams though the CAFC at www.antifraudc­entre.ca, or by calling 1-888-495-8501.

IMET is a specialize­d unit under the RCMP Federal Policing program that detects, investigat­es, and deters market fraud. IMET works closely with the Alberta Securities Commission to protect investors and further enhance confidence in the Canada’s capital markets.

If you believe yourself to be a victim of a scam, please report it to your local law enforcemen­t and to the CAFC. For more fraud prevention informatio­n, follow us on Facebook @RCMPinAlbe­rta and Twitter @RCMPAlbert­a.

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