Canadians Lost $123 Million to Fraud in 2024: How to Protect Yourself

Fraud Statistics: In 2024, Canadians have lost $123 million to fraud, affecting 7,908 people. By staying scam-savvy, you can avoid becoming a victim.

Common Scams:

1. Home Services Scams: Misleading offers for air duct cleaning, furnace repairs, hot water tanks, and more. Scammers contact victims via social media ads, telemarketing calls, and door-to-door sales.
   • Warning Signs: Prices significantly below market value, poor-quality work, invalid warranties.
2. Service Provider Scams: Fraudulent offers for internet, cable, or cellphone services.
   • Warning Signs: Requests for personal information like SIN and driver's license numbers.
3. Government Service Scams: Fake websites offering expedited services for passports, birth certificates, or driver’s tests for a fee.
   • Warning Signs: Promises of faster processing times or guarantees.
4. Immigration and Employment Scams: Fake websites offering immigration services or guaranteed jobs.
   • Warning Signs: Requests for application fees or deposits before services are rendered.
5. Credit Card and Loan Scams: Offers to reduce interest rates for a one-time service fee.
   • Warning Signs: Requests for personal information and credit card details.
6. Resale Scams: Scammers target online sellers, offering to help sell items for a fee.
   • Warning Signs: Claims of having a buyer, but the buyer never materializes.
7. Tech Support Scams: Fake pop-ups or unsolicited calls claiming your computer is infected.
   • Warning Signs: Requests for remote access to your computer and payment for services.

Protect Yourself:

• Verify Before You Buy: Research companies and service providers before sharing your contact information or signing contracts.
• Be Skeptical of Unsolicited Offers: Hang up on unexpected calls from service providers and contact them directly using official contact information.
• Government Forms are Free: Don’t pay for services promising faster processing of government documents.
• Report Scams: If you suspect a scam, report it to the RCMP and the Canadian Anti-Fraud Centre (CAFC) online or by phone at 1-888-495-8501.

Stay informed and vigilant to protect yourself from fraud.