Category: Scams & Frauds

March is Fraud Prevention Month

2/27/2017

Fraud Prevention Month is March. In Canada, a good source of up-to-date information is the Little black book of Scams from Industry Canada. Keep yourself informed to prevent becoming one of the many thousands of victims of fraud each year; be sure to share tips with vulnerable friends and family members; and if you have children, remember to protect their personal information and documents.

If you have been scammed:
Report it to the Canadian Anti-Fraud Centre online
or call them toll-free: 1-888-495-8501

Alerts and Tips to Avoid Fraud and Identity Theft:

Romance scams (in 2016, 748 victims lost over $17 million)
Canada - ItPaysToKnow.gc.ca
Gov't of Canada - protection from frauds and scams
What to do if you are a victim of identity theft
Real Estate fraud: types of and prevention tips
Small businesses fraud prevention tips (youtube video)
Canada - Get Cybersafe tips for online safety
Avoid investment fraud - BeFraudAware.ca and CheckFirst.ca
(US) FTC Scam alerts - (in english and español)
Report international scams online and/or make consumer complaints
ScamTracker interactive map to report and track new scams (BBB)
Real life examples of fraud at ConsumerProtectionBC.ca ---1-888-564-9963

Simple Fraud Prevention Tips:

Don't carry all your ID in your wallet or purse;
Don't have cheques mailed to you; it is safer to pick them up from your financial institution instead;
Cancel credit cards you don’t use and shred offers that come in the mail;
Check credit card & bank statements regularly;
When on vacation, check your accounts for any signs of fraud;
Assume any 'urgent' email or phone call is a scam. If you are being pressured to act quickly, or to send any account, financial or personal information ––put on the brakes, step back, and take time to double check everything;
Beware of fake online job or rental postings. Does something seem too good to be true? Does it seems a super opportunity and you are rushing not to miss it? Again, put on the brakes, and double check that it is not a scam.
Learn about ways to protect and track your mobile device(s);
Get a free credit report done once a year (you have the right to a free copy without a monthly fee. Ask for your Consumer Disclosure / Credit Report from Transunion.ca 1-800-663-9980 or Equifax.ca 1-800-465-7166 );
If you lose your ID, ask TransUnion about putting a notice on your file. Also be sure to ask them how this might impact you.

Help any seniors you know avoid fraud by reading this 2015 Seniors' Toolkit (PDF). Here is a graph from the report showing the huge losses of Canadian seniors by fraud type.

0 Comments

Watch out for Scams and Frauds - Canadian Resources

2/7/2016

0 Comments

Here are some of the main Canadian resources to help you avoid common scams and frauds (a small excerpt from pg 70 of My Help Book BC 2016).

Canadian Anti-Fraud Centre ---1-888-495-8501 Call if you are a victim of fraud or identity theft. Information is shared with appropriate agencies for potential criminal investigations.
Help for ID Theft Victims from IDTheftSupportCentre.org ---1-866-802-3609
Tips, facts, support, toolkit and online library of resources.
Free online "Little Black Book of Scams" from the CompetitionBureau.gc.ca Plus information for fraud victims, tools, resources and more.
Real life examples of fraud at ConsumerProtectionBC.ca ---1-888-564-9963

Facts for Businesses and Non-Profits to avoid common scams - Competition Bureau of Canada

ScamTracker from the Better Business Bureau. Interactive map to report and track new scams
Report international scams online as well as learn to make consumer complaints at Econsumer.gov

The Small Investor Protection Association helps people with complaints about financial product sellers, and provides a voice for small investors.
Learn more tips on how to avoid investment fraud at BeFraudAware.ca
Learn about common Frauds & Scams such as advance fees, over-payments, fake invoices, fake inspections, fake prizes, fake rentals and more on this well organized page by Trinity Western University.

Don't feel stupid if you've been a victim of fraud.

People who specialize in fraud are highly motivated and have lots of practice. And it probably means you are a good person and think the best of people. This is something to be proud of not ashamed. But you do need to protect yourself.
Here are two signs of fraud to watch out for:

1) False Authority. Watch out for people who cloak themselves a with a sense of authority, expertise, fake professionalism, or who convey a high status by flashing signs of wealth. They count on the fact that most people do not have much experience or confidence to aggressively question people in positions of authority or status. This can even happen in the form of official looking invoices or renewal notices by mail or email.

2) False Urgency: If you are feeling a sense of panic, emergency or urgency and feel thus compelled to take some kind of action (or something bad will happen) -- take a big breath, step back, and stop yourself from taking any action until you have time to check on the details. If this urgency comes to you from someone claiming any kind of authority or familiarity -- in person, by telephone, email, or mail, realize this might be a warning sign something is wrong. Command yourself to: "WAIT DON'T ACT" even though you feel compelled to click on that "yes I need help with my computer" button, or think you are going to be frozen out of your email or bank account, or think you are going to miss a once in a life-time deal. Your mantra should be "I NEED TO CHECK DETAILS FIRST".

If you are worried about something: Independently look up the number from a reliable source of whatever company or authority you are worried about. e.g. your bank, internet provider, Revenue Canada or utility company. Find the number from your utility bill for example. Then you call them to see if something is wrong. And if you need computer help, call someone reputable and local.

If you have a small sense something is not right, don't worried about looking silly, call a trusted family member or friend and ask for advice. Everyone has been tricked at one point or another - scams are nothing new. A business advice book from 1894 states: "Beware of the Swindler, He is everywhere and in all kinds of business." The book goes on to warn about "the cheap jewelry swindle", "the barb-wire swindle", "the lightning rod swindle", and "Always read before signing" because "Carelessness in failing to acquaint themselves with the contents of a paper before signing it has worked incalculable harm to thousands of well intentioned people." (These scams of yore come from Safe Methods of Business by J.E. Hansford, J.L. Nichols & Co., Toronto On, 1894.)

My Help Book BC Terms of Use & Disclaimer:  3PennyPublishing.com and MyHelpBook.me does not warrant or make any representations regarding accuracy or results of information, links, or any third party. Links and listings do not indicate endorsement of any organization, business, or service by the publisher, advertisers, or sponsors. Listings are only intended to guide you to professional help if any is available. If you are unable to find help, contact your elected representatives and/or seek professional legal advice.

0 Comments

March is Fraud Prevention Month

Watch out for Scams and Frauds - Canadian Resources

Author

Categories

Archives