NewEra Exchange has received a securities fraud warning from the British Columbia Securities Commission  (BCSC).

As per BCSC’s April 28th, 2026 NewEra Exchange fraud warning;

[NewEra Exchange] is not registered with the BC Securities Commission.

If you have been approached by – or referred to – this entity, you should proceed with extreme caution and be aware of the risk before handing over any money.

NewEra Exchange failing to register its MLM investment scheme with BCSC constitutes securities fraud.

NewEra Exchange is an MLM “click a button” app Ponzi run by Chinese scammers. BehindMLM has documented hundreds of the scams since they first emerged back in 2021.

NewEra Exchange’s “click a button” Ponzi ruse is trading signals, purportedly provided by D.E. Shaw Group (aka DE Shaw & Co):

D.E. Shaw Group is an actual multinational investment management firm headquartered in New York City. NewEra Exchange misappropriates the firm’s name to defraud consumers.

Further efforts to defraud consumers see NewEra Exchange misrepresent a Canadian shell company and FinCEN MSB registration as regulatory compliance:

Shell companies registered in any country are meaningless due to the ease with which scammers register them with bogus details.

FinCEN is not a financial regulator. Anyone can register a shell company with FinCEN and receive a meaningless MSB certificate. This is a common tactic used by scammers.

NewEra Exchange operates illegally in Canada and any other country it solicits investment in.

Outside of British Columbia, NewEra Exchange fraud warnings have been issued by Washington and Alberta.