From phishing emails to romance frauds, does it feel like there’s a new scam every corner you turn? Although there are many legitimate businesses out there, today’s blog post counts down the top 3 signs of a scam so you know how to recognize businesses that may not be on the up and up. Here we go!

  1. The heat is on. If you are pressured to make a purchase immediately, be careful. Legitimate businesses and charities will give you time to make up your mind.
  2. You’re asked for personal or financial information. Be cautious about giving our sensitive information. Never, ever give personal or financial information to unsolicited callers.
  3. It seems too good to be true. Finally, do you remember that old saying? If it seems too good to be true, chances are it is! Always trust your gut.

What are your tips on recognizing a scam? Leave a comment below. If you have been the victim of a scam, contact your local police and the Canadian Anti-Fraud Centre.

ADDITIONAL READING:

Free trial traps: how to identify them and what to do if you’re stuck
Avoiding rental property scams
Tips to prevent identity theft
A scam warning from Canada Revenue Agency