The New Brunswick Financial and Consumer Services Commission issued an investor alert warning that PandoraProfit is not registered to deal or advise in securities in New Brunswick. The alert identifies PandoraProfit (also using the name PandoraProfit LLC) as claiming to be headquartered in Toronto, Ontario, and links to https://www.pandoraprofit.com/. It notes that the website displays a misleading graphic suggesting regulation by the Financial Services Authority Saint Vincent and the Grenadines (FSASVG), including a reference to an “Offshore Secrecy and Regulation” department that the Commission states does not exist, while acknowledging FSASVG itself is a legitimate regulator. The Commission directed investors to the National Registration Search tool to verify whether an individual or firm is registered.
New Brunswick Financial & Consumer Services Commission 2025-07-10
New Brunswick Financial and Consumer Services Commission warns investors that PandoraProfit is not registered to deal or advise in securities
The New Brunswick Financial and Consumer Services Commission warns that PandoraProfit, claiming a Toronto base, isn't registered to deal or advise in securities in New Brunswick. The alert notes misleading claims on PandoraProfit's website about regulation by the Financial Services Authority Saint Vincent and the Grenadines. Investors should use the National Registration Search tool to verify registration status.