Knox Securities Corp. LLC
As part of the Ontario Securities Commission’s (OSC) mandate to protect investors and the integrity of our markets, we issue investor warnings and alerts. Investor warnings caution the public about individuals or companies that may pose a risk to investors.
The OSC has issued an investor warning with the following information:
Knox Securities Corp. LLC (“Knox”) is soliciting via email and telephone, members of the public holding shares in companies that appear to be illiquid, including SK Resources, to sell those shares for them at a substantial premium. Representatives of Knox have told members of the public that they would have to send an advance fee payment before their securities could be sold. Staff are aware that investors who purchased a number of illiquid securities, including SK Resources, previously have been are now being targeted by fraudulent “advance fee” schemes. Knox’s website represents that it is a private boutique financial consultancy specializing in providing financial services, strategic business consultancy and wealth management services. However, Knox is not located at the address disclosed on its website, is not incorporated in Canada either federally or provincially and is not registered to sell securities on behalf of investors or: to offer or provide investment opportunities in any type of security; to offer or provide advice or portfolio management services with respect to investing in, buying or selling any type of security; or to engage in the business of trading in any type of security.
If you have been approached by the individual or company above, contact us immediately. Please also contact us if you are approached by anyone who is not registered.