A warning from the Financial and Consumer Services Commission about a website offering an investment in bitcoin type funds.
Bitcoin-bank.io claims to be a cryptobank, and offers payment card solutions, wallet services and an opportunity to invest.
The Commission took a closer look at the website after being made aware that the cryptobank was advertising its investment opportunities on a Canadian online classified site.
It is illegal for Bitcoin Bank dot io to carry out these activities in the province.
The Commission also found that no company by that name could be found at the listed address in California.
The review also revealed that many of the photographs accompanying team profiles on the website had been taken from other sites with fake names attached, and that content had been copied from other websites.
Anyone who has been approached or targeted to invest in Bitcoin-bank.io is asked to contact the commission toll-free at 1-866-933-2222, or through its website at www.fcnb.ca.