An image of New Brunswick’s premier and a fake news article are being used in a suspected cryptocurrency scam.
The Financial and Consumer Services Commission of New Brunswick (FCNB) issued a warning about the post on Wednesday.
“The fake article, crafted to look like a Telegraph-Journal web article, claims that the premier is endorsing this ‘provincial investment program’ in response to the U.S. tariff hikes,” FCNB said in a news release.
“The article features a fake transcript of an interview between the premier and CBC’s Ian Hanomansing, promoting the platform, as well as doctored photos of the premier unveiling the new platform.”
FCNB said the article claims this new investing program is backed by the Bank of Canada’s new digital currency and will allow Canadians to invest at zero risk.
The goal of the program, the article claims, is to help New Brunswickers avoid losing any income in light of the tariffs.
“The uncertainty that the U.S. tariffs place on our economy is causing some New Brunswickers increased anxiety and concern about their financial security, and they may be looking for other means of income,” Marissa Sollows, the commission’s director of communications and public affairs,” said in the release.
“Scammers are taking advantage of the situation, preying on individuals when they are at their most vulnerable.”
The commission is reminding residents to be wary of unsolicited investment promotions, especially on social media.