LSSC securities fraud warning from Canada (AB)
LSSC, or Lightning Scooter Shared Company, has received a securities fraud warning from the Alberta Securities Commission (ASC).
As per ASC’s June 19th LSSC fraud warning;
Lightning Shared Scooter Co. is not registered to trade in or advise on securities or derivatives in Alberta.
Offering unregistered securities to AB residents violates Canada’s financial laws.
In light of LSSC committing securities fraud, ASC
recommended[s] that investors should not deal or engage with firms that are not registered as there is no assurance of any investor protections.
LSSC is a Chinese “click a button” app Ponzi. The scam operates under different company names, including:
- Lighting Shared Scooter Limited;
- LSSC Canada Inc.;
- LSC Edmonton Ltd.;
- LSSC Marketing Inc.; and
- LSSC Expansion #1 Inc.
Website domains associated with LSSC include:
- thelssc.com
- lssc-canada.ca
- lssce.com
- lssc6.com
- lightsha.com
- lightapp.cqyydsb.com
- lightacer.com
- lssckai.com
- lssc.ltd
- lsscapp.com
- lsscz.com
LSSC likely operates under additional company names and website domains. They are all related to the same “click a button” app Ponzi.
n addition to Alberta Canadian regulators in British Columbia and New Brunswick have also issued LSSC fraud warnings.
