The Alberta Securities Commission (ASC) issued a public warning about a suspected investment scheme known as BG Wealth Sharing, linked to a web-based trading platform called DSJ Exchange (DSJ EX). The ASC said the scheme is promoted through social media and messaging apps, claims to use AI-generated trading signals to deliver guaranteed or near-perfect trades, and promises to rapidly double investors’ money, while neither BG Wealth Sharing nor DSJ EX is registered in Alberta to deal in securities or provide investment advice. Reports indicate participants are directed to deposit crypto on DSJ EX through multiple websites and use “signal codes” shared via encrypted apps such as BonChat, WhatsApp and Telegram to place trades. The ASC flagged difficulties withdrawing funds, including high withdrawal fees and a management approval process, and said information suggests deposits are quickly consolidated and routed through crypto bridges to obscure fund movements. The warning highlights common fraud indicators including rotating or lookalike domains, unrealistic return claims, MLM-style recruitment incentives, restrictions on accessing funds, use of apps distributed outside official app stores, and fabricated endorsements or misleading regulatory claims. The ASC also cautioned that the scheme should not be confused with BG Wealth Group Inc. and other BG Wealth entities referenced in a Temporary Order issued by the Ontario Securities Commission on February 6, 2025. The ASC encouraged investors to use CheckFirst.ca, the National Registration Search, and relevant caution and enforcement lists to confirm registration status and identify investor risks before participating in any investment opportunity.
Alberta Securities Commission 2026-02-17
Alberta Securities Commission warns investors about suspected BG Wealth Sharing scheme linked to DSJ Exchange crypto trading platform
The Alberta Securities Commission (ASC) warned about BG Wealth Sharing and DSJ Exchange, an unregistered investment scheme promoted via social media, claiming AI-generated trading signals and guaranteed returns. Participants deposit cryptocurrency on DSJ EX, facing withdrawal difficulties and fraud indicators like unrealistic returns and MLM-style recruitment. The ASC advises using CheckFirst.ca and other resources to verify registration and assess risks before investing.