Regulatory Warning

Wealth Capital Corp.

Flagged by Autorité des marchés financiers · Quebec (CAN)

Official Warnings (1)

Autorité des marchés financiers Quebec
Unauthorised

The Autorité des marchés financiers (the AMF) is warning investors about telephone solicitations conducted recently to encourage Quebeckers to invest in the derivatives market through Wealth Capital Corp., which is not authorized to carry on business in Québec.

Recently, at least one Quebecker received persistent and aggressive telephone calls from a Lucien Castel and another representative of Wealth Capital Corp. These individuals pressured the person to invest in the derivatives market, and more specifically the gold options market, through Wealth Capital Corp., an investment company that seems to be based in Hong Kong. Neither Lucien Castel nor Wealth Capital Corp. is registered with the AMF.

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This information is sourced from IOSCO I-SCAN and official financial regulators. Inclusion in this database does not necessarily mean the firm has committed fraud - it may indicate they are not authorized to operate in a specific jurisdiction. Always verify directly with the relevant regulator before making investment decisions.

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