Regional police services across Canada have issued warnings about fraudulent investment schemes involving Bitcoin, an encrypted…
Don’t fall for COVID-19 frauds
March 18, 2020 – Fraudsters try to capitalize on people’s fears, uncertainties, and misinformation about the novel coronavirus. The Canadian Anti-Fraud Centre (CAFC) warns consumers to be on the lookout for associated scams such as fake cures, phony prevention...
March is Fraud Prevention Month
March 7, 2020 – March is Fraud Prevention Month in Canada. This month law enforcement services and the Competition Bureau Canada launch their annual nation-wide campaign that educates to recognize, reject, and report fraud. It is crucial to inform the public about the...
CAFC’s list of top frauds in 2019
February 22, 2020 – The Canadian Anti-Fraud Centre (CAFC) released the Financial Crime Trend Bulletin for 2019. The new data shows the top 10 most reported frauds as well as the top 10 frauds based on dollar loss in 2019. The CAFC received 46,465 fraud reports from...
Woman sues TD Bank for violating a duty of care to its customers
Calgary (February 05, 2020) – Helen Franiel is suing TD Bank for violating a duty of care to its customers regarding fraud prevention. The TD Bank customer lost more than $240K over a 10-month period in a series of scams. Multiple bank drafts mostly just under $10K...
Authorities warn against prevalent bitcoin scams
January 29, 2020 – The Alberta RCMP and the Abbotsford Police issued warnings against prevalent bitcoin scams. The authorities make an effort to stop scammers from defrauding people out of their money using bitcoin frauds. Typically for the phone scams, the fraudsters...