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Scam Warning ??
November 6, 2024
2:23 pm
GuaranteediC
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October 8, 2021
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Hey Everyone,

Long-term reader first time posting. Sorry if I posted this in the wrong place (newb poster!)

Long story short, 4 years ago I heavily researched the GIC industry, including all the software and various GIC brokers. I ran across a scam where the site claimed to compare GIC rates but once I received the paperwork it was clear that they had no affiliation with the mentioned Bank. Through my connections we were also able to directly confirm with the banks management that it was indeed a scam.

Today I'm seeing similar google ads for what looks to be the same scam. They mention 9% rates and CDIC.

Warning- Dont trust this site. https://bestgicrates2024.com/?gad_source=1&gclid=CjwKCAiAxKy5BhBbEiwAYiW--3G3E1F88PGiO3H6J92-qwzU2B5XXBAQtitbQ3k72Hd47LdkRi8ztBoCUI0QAvD_BwE

Anyone have more information on this? I'm going to start my own investigation. The advertisers is from another country and running two of these sites. I've reported it to Google but don't think they care. It's frightening that uninformed Canadians could potentially lose 50k ++.

November 6, 2024
3:06 pm
hwyc
GTA
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November 6, 2024
4:18 pm
Dean
Valhalla Mountains, British Columbia
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.
I've seen those same/similar bogus GIC ads on Facebook as well, offering up to 9% GICs.

I just shake my head and scroll by, but sadly some won't. And we all know what will happen to them. sf-confused

'SHAME' on both Google & Facebook ❗

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

November 6, 2024
4:24 pm
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GuaranteediC said
Today I'm seeing similar google ads for what looks to be the same scam. They mention 9% rates and CDIC.

Do yourself a favour and install decent ad-blocker. You will STOP seeing any moronic ads and your life will be way nicer.
I do NOT see ANY EVER and I passionately HATE ads!
NOBODY can offer you amazing GIC rate unless it is Ponzi scheme. Or one day 2-3 huge guys with guns will ask you for your kidney or lung. Local anesthesia only...

The only reliable site for any GIC 'investigation' is THIS ONE. Or you can pick few banks and do your own research. But again, most comprehensive and reliable site for HISA/GIC is this one: http://www.highinterestsavings.ca

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