Thank you, Mr. Chair.
Mr. Lynam, thank you for appearing before the committee today.
As you mentioned, there are several types of fraud. I'll start with one that's already been discussed: fraudulent ads posted on platforms like Facebook. A few weeks ago, the Journal de Montréal ran a feature revealing that, due to technological advances, there are now fake videos that look real—videos in which we see, for example, Prime Minister Carney, former Quebec premier François Legault, businesspeople like Luc Poirier or Kevin O'Leary, or even international actors like Keanu Reeves, telling people to invest in something because it's profitable.
A retiree tries investing a few dollars. They withdraw their money and make a profit. After that, they invest a few thousand dollars, withdraw their money, and make a staggering profit. Often, the person eventually decides to invest their entire retirement fund in it, but poof—the money disappears.
In the article from the Journal de Montréal, there were, among others, two people who had lost more than $100,000 because of this scam. Enquête, a public affairs program on Radio-Canada, even reported on a case where someone lost more than $400,000, if memory serves me correctly; life savings are vanishing overnight.
According to the various stakeholders, what needs to be done to ensure that this type of fraud never happens here again?
