Announcements

The Financial Services Commission of Ontario (FSCO) is warning consumers that Toronto Best Mortgages (http://torontobestmortgages.com/) is not licensed to do mortgage brokering business in Ontario. Read more

The Financial Services Commission of Ontario (FSCO) is warning consumers that Capital Insurance Company is not licensed to do business in Ontario. Read more

The Financial Services Commission of Ontario (FSCO) is warning consumers that Lima Automobile Insurance Company is not licensed to do business in Ontario. Consumers who have purchased auto insurance from this company do not have valid coverage. Read more

​The Financial Services Commission of Ontario (FSCO) is warning consumers that Millenium Global Services Inc. is not licensed to do business in Ontario. Read more

The Financial Services Commission of Ontario (FSCO) has received inquiries about the insolvency of Leeds Insurance Company Inc. (Leeds), an offshore insurance company based in Barbados. Leeds is not licensed to do business in Ontario. Read more

FSCO is advising businesses not to deal with Summit Underwriting Group Inc. (Summit) or its president, Jared Howard Clarke. Read more

First Hamilton Savings and Credit Union is not a registered credit union in Ontario. Its website, www.fhscu.com, should not be consulted. Read more

During an investigation conducted by FSCO, it was found that KSB Toronto Group and its related entities (Peter Schmeale/Emil Jacobs) have been involved in perpetrating a scam similar to what is commonly known as an Advance Fee Fraud (AFF). It appears that the entities market themselves as a licensed

A recent investigation noted several corporations using a forged law firm cover letter and deceptive practices in incorporating names similar to an existing, legitimate corporation. Seventy-seven (77) corporations, "Monarch Home Builders Inc." and other entities, have had their Certificates of

A recent investigation noted three corporations using the term "bank" in their titles which are not listed on the OSFI index of regulated banks. Read more