How to avoid being a victim of identity theft: Consumer advocate

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If you shop online, download apps or use the same password for multiple websites, you may want to check your online security — you are at a higher risk of being a victim of identity theft and fraud.

“The Competition Bureau of Canada came out and revealed that over a two-year period, fraud amounted to almost $300 million in losses for Canadians,” Kelley Keehn, a consumer advocate and author of Protecting You and Your Money: A Guide to Avoiding Identity Theft and Fraud, told CBC Radio’s Saskatoon Morning.

“However if you talk to the Canadian Anti-Fraud Centre … they reveal that only about five per cent of Canadians report when they’re a victim of fraud,” she added.

She said as large as the numbers are on any type of fraud, there’s no exact handle on fraud statistics because people who are defrauded are often embarrassed and don’t know who to turn to.

Read more at CBC News

This article is summarized by Canadian Fraud News Inc.