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Hamid inherited $50,000.00 when his brother passed away. As he and his wife Barbara were fairly ignorant about investments, they reached out to their life

Hamid inherited $50,000.00 when his brother passed away. As he and his wife Barbara were fairly ignorant about investments, they reached out to their life insurance agent, Mr. In the Know, who had previously sold them life insurance and RRSP policies for London Life Insurance. They met with Mr. In the Know in January 2021 and discussed various options. Ultimately, they decided to follow Mr. In the Knows advice and they invested the full $50,000.00 in ABC Capital Corporation for a 90 day term. They were told that they would receive an 8% return on their investment. When the ninety day term was over, they received a cheque from ABC Capital Corporation, which included the

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