Quebec Regulator Exposes LSSC: The “Scooter” Scam Now Banned in Five Provinces

The Lightning Scooter Shared Company (LSSC)—because apparently “Fast and Fraudulent” was taken—has now been slapped with a securities fraud warning from Quebec’s Autorité des marchés financiers (AMF).

If this sounds familiar, that’s because it is. LSSC has been collecting provincial fraud warnings like Pokémon cards, and Quebec is now the fifth Canadian province to tell them: “Non, merci.”

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Now lets continue on to the LSSC news…

🚨 AMF Says LSSC Can’t Legally Operate in Quebec

On July 4, the AMF made it very clear:

“Lightning Shared Scooters Co., Ltd is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.”

Translation: This isn’t a tech startup—it’s a rogue operation that has no business touching your wallet.

Offering unregistered securities to Quebec residents isn’t just shady—it’s straight-up illegal under Canadian financial law. That makes LSSC not a business opportunity, but a crime dressed in tech clothing.

Scooter Company? Nope. Just Another Tap-and-Scam Ponzi

Let’s cut through the branding noise.

Despite the futuristic name, LSSC is not a scooter company. They don’t rent scooters. They don’t build scooters. There’s no scooter in sight—unless you count the metaphorical one you’re being taken for a ride on.

What LSSC actually does is run a “click-a-button” app Ponzi that works like this:

1. You sign up.

2. You “invest.”

3. You click a button daily to “earn.”

4. You refer others to do the same.

5. The platform vanishes when the heat arrives.

It’s like passive income for people who think Monopoly money has value. Spoiler: it doesn’t.

Fake Names Galore: LSSC’s Scam Skeleton Crew

LSSC doesn’t operate under just one name. That would be too honest.

Instead, this digital shell game uses a rotating cast of fake company names:

• Lighting Shared Scooter Limited (yes, “Lighting,” not “Lightning” – very professional)

• LSSC Canada Inc.

• LSC Edmonton Ltd.

• LSSC Marketing Inc.

• LSSC Expansion #1 Inc.

The only thing expanding here is their list of aliases. Every name is just another layer of smoke and mirrors to throw regulators and investors off their trail.

A Domain Farm for Fraud: Where the Scam Lives Online

Quebec’s AMF also flagged several domains linked to LSSC, and you’ll love how scammy they sound:

• thelssc.com

• lssc-canada.ca

• lssce.com

• lssc6.com

• lightsha.com

• lightapp.cqyydsb.com

• lightacer.com

• lssckai.com

• lssc.ltd

• lsscapp.com

• lsscz.com

Just reading those URLs feels like downloading a virus.

And yes, there are probably more domains. These scams love spinning up new URLs faster than regulators can issue warnings. When one domain goes down, five more pop up like a scammy hydra.

The Canada-Wide Collapse: LSSC is Failing Province by Province

Quebec joins the growing list of provinces that have officially blacklisted LSSC:

• ✅ British Columbia

• ✅ Alberta

• ✅ New Brunswick

• ✅ Saskatchewan

• ✅ Quebec

It’s not a coincidence. It’s a pattern. And if LSSC was a real company, this many warnings would have tanked its stock. Luckily for them, they don’t have stock… just shady referral links and fake app dashboards.

PROS and CONS of LSSC

✅ PROS:

• Teaches a valuable lesson about red flags

• Great case study for fraud prevention workshops

❌ CONS:

• Not registered in Quebec (or anywhere legal)

• Promises fake “returns” for tapping an app

• Operates under multiple false company names

• Uses shady crypto language to lure investors

• 5 provinces have now issued official fraud warnings

• You’ll lose your money faster than you can say “passive income”

Final Verdict: LSSC’s Scooter Scheme Has No Wheels Left

The AMF has joined four other Canadian regulators in confirming what was already obvious: LSSC is not a legitimate company. It’s a scam dressed up like a startup.

There are no scooters. There’s no crypto trading. There’s no “daily ROI” for doing absolutely nothing.

There’s just an app, a lie, and a long list of people who are now out of cash.

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