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Saskatchewan’s financial and consumer affairs authority (FCAA) is warning the public of a scam using the images of Canada’s prime minister and Alberta’s premier.
According to the FCAA, the scam uses fake social media posts claiming that Mark Carney and Danielle Smith are endorsing an online investment platform known as AllRealGroup, or AllReal Investments Pty Ltd.
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The group claims to operate a foreign exchange trading platform, the FCAA said, but is not registered to sell securities or derivatives in the province. The authority warned residents not to send money to companies that aren’t registered in the province, as they might not be legitimate.
“Always check the registration status of an entity at aretheyregistered.ca before you invest, and do not deal with any unregistered entities,” advised Dean Murrison, the FCAA’s securities division executive director.
“Scammers often create fake news articles to mimic legitimate media and try to get you to make an investment based on a notable figure endorsement.”
Anyone who has invested with AllRealGroup, or someone claiming to be acting on their behalf, is asked to contact the FCAA’s securities division.
The FCAA advised prospective investors to get a second opinion and seek professional advice about investments and to avoid allowing unknown or unverified individuals remote access to any of your devices.
“Never make an investment decision based on a notable figure endorsement,” the authority added in a statement.
“Scammers often create fake social media posts or news articles claiming an investment is endorsed by a notable figure.”
In July, people in Saskatchewan were warned about an impersonation scam on social media claiming that Premier Scott Moe was endorsing online investment platforms.
Brian McQuinn, co-director of the Centre for Artificial Intelligence, Data and Conflict at the University of Regina, said at the time that the world is quickly entering a phase where it will be nearly impossible to tell whether a video, photo or voice recording is authentic.
“In the next year, there will be no easy way of discerning real from fake,” he said.
He said that scammers often gather voice samples from social media or public videos.
The Canadian Anti-Fraud Centre, which collects information on fraud and identity theft and provides information on past and current scams affecting Canadians, says that as of June 30, 2025, it had recorded 17,094 fraud victims across the country with reported losses of $342 million.
Fraud reports can be made online here.
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