LSSC, or Lightning Scooter Shared Company, has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).

As per AMF’s July 4th LSSC fraud warning;

Lightning Shared Scooters Co., Ltd is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.

Offering unregistered securities to QC residents violates Canadian financial law and constitutes securities fraud.

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.

In addition to Saskatchewan, Canadian regulators in British Columbia, Alberta, New Brunswick and Saskatchewan have also issued LSSC fraud warnings.