Halifax RCMP warn against ransomware scams

Halifax (June 17, 2020) – The Halifax District RCMP issued a warning against ransomware scams targeting businesses. A local company reported that its network had been hacked with ransomware. The hackers demanded $270,000. Any business or individual could be a target...

CPA hit by cyberattack resulting in data breach

Toronto (June 5, 2020) – Chartered Professional Accountants Canada (CPA) fell victim to a cyberattack. Their website was targeted and the personal information of more than 329,000 subscribers of CPA Magazine was breached including names, addresses, emails, and...

Stoney Creek man arrested for online dating fraud

Toronto (June 4, 2020) – Toronto police arrested Raymond Coles of Stoney Creek for an online dating fraud on June 2. He is accused of defrauding a woman after they met on a dating website, where he allegedly portrayed himself as a police officer, in January 2018....

COVID-19 scams exploiting government funding programs such as CERB

May 22, 2020 – Many Canadians are experiencing financial hardship as a consequence of the current pandemic. The Canadian government launched the Canada Emergency Response Benefit (CERB) to help out Canadians throughout the Coronavirus crisis with a multi-billion...

Better Business Bureau warns against scams targeting small businesses

May 11, 2020 – The Better Business Bureau warns against scams that target small businesses in a press release. Scams can impact every business, regardless of location, size, or industry. Nevertheless, small businesses are often more vulnerable to fall victim of fraud...

Man wanted for rental fraud in Toronto

Toronto (May 6, 2020) – Toronto police are looking for the 37-year-old man, Sungjin Kim, for multiple counts of fraud in connection with a rental fraud investigation. He allegedly defrauded 20 people while collecting first and last month’s rent for a room in Toronto,...

Police disrupted international multi-level BEC scam

Edmonton (May 5, 2020) – The Edmonton police disrupted an international multi-level Business Email Compromise (BEC) scam targeting personal protective equipment (PPE) and industrial equipment companies. As a result of the fraud investigation, the police helped recover...

1,500 unauthorized COVID-19 test kits seized from Richmond online seller

Richmond (May 1, 2020) – In a joint effort, BC RCMP and Health Canada seized 1,500 unauthorized COVID-19 test kits from a Richmon resident. The accused allegedly sold the kits online to unsuspecting British Columbians. The investigation resulted from a tip provided by...

Investment scams in the COVID-19 era

April 28, 2020 – The COVID-19 pandemic created an environment in which fraud thrives. People are self-isolating at home, economic and market volatility around the world, widespread job losses, and other stressors. These factors leave people with uncertainty,...

3M filed lawsuit against Ontarian company for price gouging

Windsor (April 23, 2020) – The U.S. medical-gear maker, 3M, filed a lawsuit over deceptive N95 face mask sales and price gouging against the Canadian company, Caonic Systems Inc., in an Ontario Superior Court on April 21. 3M alleges in its lawsuit that the Ontarian...

Online Fraud