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Mar 17, 2022 12:25 AM - The Canadian Press

Alberta RCMP warning about an online Ponzi scheme that has cost victims nearly $150,000

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Alberta RCMP are warning about an online Ponzi scheme that has cost victims in the province nearly 150,000 dollars. (Photo - Alberta RCMP/Twitter)

Alberta RCMP are warning about an online Ponzi scheme that has cost victims in the province nearly 150,000 dollars.

Police say the Aweunion or Awebuy scam involves an app that claims to use investor funds to buy underperforming products on Amazon to drive up consumer popularity and their financial performance.

The Mounties say individuals believe they'll receive a commission from their investments but see little to no return and get no response from Aweunion administrators after investing a significant amount.

They say people must be vigilant in the investments they make with apps and online platforms that promote significant profit or returns.

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