< Waterloo Region residents lost nearly $300K to gift card scams last year, police say - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

Waterloo Region residents lost nearly $300K to gift card scams last year, police say

March 16, 2021 – Residents in the Waterloo, Ont., region lost more than $290,000 to gift card scams in 2020, according to police. In a release, officials said 167 people fell victim to scams, resulting in a collective loss of $293,867. Twenty-three people also fell victim to scams between Jan. 1 and Feb. 28, 2021, for a combined loss of $57,430. Police said people lose an average of $2,100 per scam. CTV News reports. | READ MORE