THE CANADIAN PRESS/AP, Eric Gay
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We've been swindled out of than $1.7 million — more than double the amount during all of 2016.
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As a personal finance expert I know how important security is. You can spend years saving wisely, only to be duped by a savvy fraudster. Read about all of that in the Little Book of Scams provided by the government of Canada. It outlines all the latest ways fraudsters are trying to get their hands on your information.
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March is Fraud Prevention Month in Canada and it's timely to remind Canadians that everyone is vulnerable and that vigilance, knowledge and the confidence to fight back are powerful deterrents to fraud. A 2016 survey from the Chartered Professional Accountants of Canada (CPA Canada) demonstrates deeply held concerns about fraud and identity theft.
According to the Canadian Anti-Fraud Centre (CAFC), mass marketing fraud is an enormous business that consistently claims victims who have not taken the time to verify with whom they are dealing. In fact, the CAFC says the surest way to avoid fraud is to verify, verify, verify.
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Fraudsters have found a quick, convenient, and easy-to-disguise way to swindle cash out of unsuspecting Canadians: they demand their victims pay up using prepaid credit cards. "The [financial] loss i...
Scam victims and police are calling on Western Union to tighten its money transfer practices, because of a scam that is bilking Canadians out of millions of dollars by exploiting weaknesses in the mon...
The Canadian Anti-Fraud Centre has issued a warning about scareware messages saying a computer is associated with child pornography and demanding money to fix the problem. RCMP on Prince Edward Islan...
Police forces across Canada are warning the public about phone scammers claiming to be Microsoft tech support who are bilking unsuspecting people out of hundreds or even thousands of dollars. It appea...