Peter Squire never imagined what it would be like to lose his retirement savings of more than $600,000 to a fraudster.
But now that it’s happened, the Winnipeg retiree is dealing with the shock and wants to warn other people about what happened.
“You’re devastated.… Your whole life ahead of you is turned upside down, because that’s what you’re relying on in your retirement to do the things you were planning,” Squire, 68, told CBC News.
The Manitoba Securities Commission confirms it is investigating and calls this a case of “brand hijacking,” which is described as “a sophisticated criminal pretending to be a well-known
