< Waterloo student lost $100K in extortion scam, wants you to avoid the same fate - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

Waterloo student lost $100K in extortion scam, wants you to avoid the same fate

March 26, 2021 – A Waterloo student is speaking out after losing nearly $100,000 in an elaborate overseas extortion scam, in hopes he can spread awareness and keep others from falling victim to similar schemes.

Aaron Yau, a second-year student in the University of Waterloo’s optometry program, said it all started after he received a call stating a package in his name was being held by customs officials in China because it contained banned materials. CBC News reports. | READ MORE