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Canada's Fraud-Fighting System Too Fractured To Work Properly, Sweeping New Report Says

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Canada’s system for fighting investment fraud is too fractured to work efficiently, concludes a sweeping report released Monday.

Creating a national agency to centralize reporting and enforcement of crimes — which range from Ponzi schemes to pump-and-dump stock scams — is among the recommendations of the 55-page report by the Foundation for the Advancement of Investor Rights (FAIR Canada).

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