The Financial Services Regulatory Authority of Ontario issued a consumer alert about fraudulent invoices that use FSRA’s logo and mailing address and request payment via cash e-transfer to a private email address. FSRA said it will never request an e-transfer and that any such request is likely a scam. FSRA noted one example where the invoice referenced “International Financial Regulatory Authority / Anti-Money Laundering” and clarified that FSRA is Ontario’s financial services regulator and not an international organization. Consumers who receive an invoice appearing to be from FSRA are advised to confirm its authenticity with FSRA before paying, and anyone who believes they have been defrauded may wish to contact local law enforcement and their financial institution.
Financial Services Regulatory Authority of Ontario 2025-06-11
Financial Services Regulatory Authority of Ontario warns consumers about fake invoices seeking e-transfer payments
The Financial Services Regulatory Authority of Ontario issued a consumer alert regarding fraudulent invoices using FSRA’s logo and address, requesting cash e-transfers to a private email. FSRA emphasized it never requests e-transfers and advised consumers to verify invoice authenticity with FSRA. Victims of such scams are encouraged to contact local law enforcement and their financial institution.