Investor Alert: BCSC Issues Warning About Master Benefit Card

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/20/12 -- The British Columbia Securities Commission is warning the public about Master Benefit Card Canada Ltd. (Master Benefit Card) and its affiliates. Master Benefit Card is also known as "Benefit Club".

The BCSC has reports that residents of British Columbia have been approached to join Master Benefit Card's "membership club" and invest in a variety of "Benefit Options" or "Benefit Cards". Prospective investors are asked to pay $100 to become a member, and then pay an additional amount to gain access to a "Benefit Option". Investors are instructed to deposit their funds in a U.S. bank account and wait a minimum period of time before they are able to receive their benefits. The "Benefit Options" include:

Master Benefit Card has been soliciting investors by holding information seminars and advertising through a website, . The BCSC also has reports that Master Benefit Card has hired sales agents to sell their "Benefit Cards". The BCSC is warning the public not to send money to Master Benefit Card.

The BCSC urges investors, agents, or members of the public who have been approached or have information about Master Benefit Card to contact the BCSC inquiries line at 604-899-6854 or 1-800-373-6393. Investors can find information and access resources at the Investor Communications Services Centre on InvestRight.org.

For media inquiries, please call Richard Gilhooley at 604 899 6713.

The BCSC is the independent government agency responsible for regulating trading in securities within the province. Learn how to avoid investment fraud at the BCSC's investor education website:



Contacts:
British Columbia Securities Commission
Richard Gilhooley
604-899-6713 or (Canada) 1-800-373-6393

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 20.07.2012 - 17:30 Uhr
Sprache: Deutsch
News-ID 167320
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VANCOUVER, BRITISH COLUMBIA

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