March is Fraud prevention month. With different types of fraud circulating within Canada, learning how to be aware of fraud and the ways to recognize it is important. Read on for some key pieces of information to know about fraud from the Competition Bureau of Canada.
Who are fraudsters?
- Some fraudsters impersonate government agencies, legitimate businesses and charities. One of the Top 10 scams of 2012 is a computer virus scam in which fraudsters pose as Microsoft employees offering to help fix your computer.
- Fraudsters act very professionally and often have developed genuine looking websites or marketing materials.
- Fraudsters have well thought out answers to any tough questions you may ask them.
- Fraudsters often request payment fees before providing services.
What should you do if you suspect you have been a victim of fraud?
If you suspect that you have been scammed, make sure you keep all relevant documentation. This could include any written documentation including:
- Contracts
- Cancelled cheques
- Fax transmission reports or registered mail receipts
- Money order receipts
- Email correspondence
- Credit card receipts
- Phone bills
If you believe you may have been scammed, consider reporting it to the appropriate authorities. Doing this helps to break the cycle of fraud as it alerts authorities and other consumers to be cautious in similar situations. To report a scam, contact the Canadian Anti-Fraud Centre.
ADDITIONAL READING:
The Little Black Book of Scams, presented by the Competition Bureau
Are you liable for charges on a lost or stolen credit card?
Top 6 red flags for buying online from a private seller
3 tips to avoid problems when booking travel online