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Government of Canada / Gouvernement du Canada

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Finding Details 3% of Canadians were victims of a pyramid or Ponzi scheme.

Sample size

  • 3,026

Initiative

Collection dates

  • March 18, 2019 to May 30, 2019

Adopter

Related priorities

This finding relates to the following National Financial Literacy Strategy priorities and target outcomes: 

Priority 4

Enhance access to trustworthy and affordable financial help

  • Target outcome 4.3
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Related measures

The measure(s) below make up the Strategy-Aligned Measure (SAM) used to generate this finding. Please note that some SAMs require the use of multiple measures, while others work as a standalone measure. Refer to the Measures Library for more details.

Related

Have you accepted advice to invest in a financial product that you later found to be worthless, such as a pyramid or ponzi scheme?

  • Yes
  • No
  • Don’t understand question
  • Don’t know
  • Prefer not to say
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The Financial Consumer Agency of Canada does not endorse, directly or indirectly, any adopters of the Measurement Plan, nor does it make any representations or warranties, express or implied, concerning the adopters' products or services or their fitness for a particular purpose.

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