Consumer alerts

Stay informed about the latest threats, fraud attempts, and other risks.

Regulator takes action against ghost broker

March 10, 2026

Co-operators assisted the Financial Services Regulatory Authority (FSRA) with a recent investigation into Andi Efovia, who was allegedly acting as an insurance agent while not being licensed.

Learn more about the investigation.

If you’ve been in contact with this individual, please email us at: report_fraud@cooperators.ca.

Rising rates of fraudulent Co-operators financial representatives

October 10, 2025

We’re seeing a rise in consumers coming into contact with individuals misrepresenting themselves as Co-operators financial representatives.

Learn more about individuals who misrepresent themselves as Co-operators financial representatives and how to spot them.

If you’ve been in contact with any of these individuals, please get in touch with us at: report_fraud@cooperators.ca.

Protect yourself from fraud

Check out our fraud prevention resources for more information on how to recognize and keep yourself safe from fraud.