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Alberta RCMP Federal Policing warns public of Ponzi scheme posing as a Aweunion commission app

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Calgary – The Alberta RCMP Integrated Market Enforcement Team (IMET) is warning the public of an online Ponzi scheme. The scam promises individuals a return on investments made to an app which claims to use funds to purchase under-performing products on the online e-commerce site Amazon in order to drive popularity and increase consumer interest. Of the 14 reports made the Alberta RCMP, victims have lost a total of $148,630.

The Canadian Anti-Fraud Centre (CAFC) has identified a recent nation-wide scam involving several Alberta victims called Aweunion or Awebuy. Registration for the app is advertised over social media. Individuals then invest money to be used by the app to purchase unpopular Amazon products to increase their relevancy and improve performance through the site’s algorithm. Individuals believe they will receive a commission from their investments; however, victims see little to no return and are unable to contact Aweunion…

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