Regulatory Alerts2026-02-10
Added · Updated
Securities Commission Announces Pre-Valentine's Day Campaign Focused on Combatting Relationship Investment Scams
The Securities Commission of The Bahamas participates in a global initiative running from 11 February to 14 February to raise public awareness regarding relationship investment scams, also known as romance or 'pig butchering' scams. The campaign urges investors to recognize red flags such as unsolicited advice and encrypted messaging, and to verify offers independently to prevent financial losses estimated at $75 billion annually. It directs the public to report suspected scams and provides specific guidance on protecting personal financial information and ignoring unsolicited contact.