LSSC, or Lightning Scooter Shared Company, has received a securities fraud warning from the Financial and Consumer Services Commission of New Brunswick (FCNB).
As per
FCNB’s June 24th LSSC fraud warning
;
[LSSC] is not registered to deal or advise in securities in New Brunswick
Offering unregistered securities to NB residents violates Canada’s financial laws.
LSSC
is a Chinese “click a button” app Ponzi. The scam operates under different company names, including:
Lighting Shared Scooter Limited;
LSSC Canada Inc.;
LSC Edmonton Ltd.;
LSSC Marketing Inc.; and
LSSC Expansion #1 Inc.
Website domains associated with LSSC include:
thelssc.com
lssc-canada.ca
lssce.com
lssc6.com
lightsha.com
lightapp.cqyydsb.com
lightacer.com
lssckai.com
lssc.ltd
lsscapp.com
lsscz.com
LSSC likely operates under additional company names and website domains. They are all related to the same “click a button” app Ponzi.
In addition to New Brunswick Canadian regulators in
British Columbia
and
Alberta
have also issued LSSC fraud warnings.
🤖 Quick Answer
What is LSSC and why has it received a securities fraud warning in Canada?LSSC, or Lightning Scooter Shared Company, is a Chinese-originated app-based Ponzi scheme operating under multiple corporate names. The Financial and Consumer Services Commission of New Brunswick (FCNB) issued a fraud warning on June 24th, confirming LSSC is not registered to deal or advise in securities in New Brunswick, thereby violating Canadian financial regulations.
Which corporate entities are associated with the LSSC securities fraud scheme?
LSSC operates through several registered corporate names, including Lighting Shared Scooter Limited, LSSC Canada Inc., LSC Edmonton Ltd., LSSC Marketing Inc., and LSSC Expansion #1 Inc. These entities collectively facilitate the scheme's operations across Canadian jurisdictions while lacking proper securities registration with provincial financial authorities.
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