Fraud Prevention Month 2024
The Canadian Anti-Fraud Centre (CAFC) estimates that Canadians lost over $560 million to scams and fraudulent activity in 2023, almost $200 million more than in 2021. As astronomical as this amount is, it’s even more alarming when you consider that less than 10% of fraud is reported. Consumer awareness and caution remain as important as ever.
This Fraud Prevention Month, the CAFC, Royal Canadian Mounted Police (RCMP), and Competition Bureau are highlighting the ways that, despite increasingly advanced technology, many of the tricks and warning signs have remained the same. Nova Scotia Consumer Protection is happy to participate in #FPM2024 by sharing tips, resources and information to help you recognize suspicious activity and report it.
This March, join the conversation by using #FPM2024 and stay informed about evolving fraud threats. Follow us on social media at @NSConsumers and help spread the word by visiting the following:
- CAFC: X (previously Twitter) and Facebook
- RCMP: X (previously Twitter) and Facebook
- Competition Bureau: X (previously Twitter), LinkedIn and Facebook
- The Better Business Bureau’s Scam Tracker can help you identify trending or suspected scams in your area. Their 2023 Canada Risk Report will be published online on March 4, 2024.
If you or someone you know is a victim of a fraud, contact your local police service to report the crime and also report it to the CAFC online or toll-free at 1–888–495–8501. If a financial loss did not occur, still report it to the CAFC.
If you have information about deceptive marketing practices, report it to the Competition Bureau. Your reports are essential to identify links, catch criminals, and prevent further frauds.
Learn how to spot a scam this Fraud Prevention Month. — YouTube
