How Coronavirus scammers prey on the global pandemic

April 6, 2020 – In Canada and internationally, virus scams are on the rise taking advantage of this time of crisis. The global pandemic has been a big business for Coronavirus scammers. Due to global fears, unemployment, and financial stress, the environment is ripe...

Marriott data breach is latest major cyberattack

Bethesda, USA (April 02, 2020) – Marriott International confirmed that they were hit by a cyberattack involving a property system in mid-January. The data breach is the second cybersecurity incident in two years for the multinational hotel company leaving its...

April Fool’s Day: These COVID-19 scams are no joke

April 1, 2020 – On April Fool’s Day, every year, a bunch of untruths pops up on the internet. Scammers also use untruths to trick their victims. Anyhow, these scams may feel like pranks, but they are no joke and have real consequences. Since the global Coronavirus...

Toronto police make Covid-19 fraud arrest

Toronto (March 27, 2020) – In an ongoing investigation, the Financial Crimes Unit of the Toronto police made a Covid-19 fraud arrest on March 26. The Toronto man, Jesse Wong, is accused of shipping multiple packages with prohibited Covid-19 test kits. One of these...

Guelph police warn against phone fraudsters using bitcoin scam

Guelph (March 24, 2020) – A Guelph woman lost $19,000 to a bitcoin scam. Guelph police reported that the victim was called by a spoofed number, on March 18. The caller posed as a police officer on the phone and instructed her to deposit $19,000 into a local Bitcoin...

Combating BEC fraud

March 23, 2020 – Business email compromise (BEC) fraud is an increasingly common cyber risk that uses spear phishing techniques. BEC fraud often results in significant losses due to wire transfer scams. These rogues use social engineering methods to launch a...

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...

Richmond Hill man arrested in connection with lottery scam

Atikokan (February 26, 2020) – The OPP arrested Shafqat Khan from Richmond Hill in a fraud case concerning a lottery scam. The scam was reported to the OPP in June of last year. As a result of the investigation, Khan has been charged with trafficking in stolen goods...

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...

Teen accused of stealing millions in cryptocurrency using SIM swap scams

Toronto (January 21, 2020) – 19-year-old Samy Bensaci from Montreal was arrested in Victoria, B.C. in November 2019 for allegedly being involved in a group of cybercriminals who stole millions in cryptocurrency using SIM swap scams. Investigators believe that they...

Online Fraud