Investor alert issued for man soliciting through Kijiji
An investor alert has been issued for a man soliciting through ads on Kijiji to invest in a patented recycling product.
The Nova Scotia Securities Commission (NSSC) says Dennis Cockerill Jr. is not registered to sell securities in the province.
NSSC says he tells interested investors that a 200 per cent return on investment will be paid within 90 days, with the option to roll the investment into shares pre-initial public offering.
Stephanie Atkinson, senior enforcement counsel with the commission, says, "Remember, if something seems too good to be true, it probably is."
Anyone who has had contact with Cockerill Jr. is asked to contact the commission.