March is Fraud Prevention Month

A trio of national organizations are teaming up during fraud prevention month in March.

For the 20th year, the Canadian Anti-Fraud Centre, the RCMP, and the Competition Bureau are joining forces, battling against fraud, which cost Canadians $567 million in 2023.

This year's campaign entitled "20 years of fighting fraud: From then to now," will shed light on how fraudsters' old tricks have now been refined with the use of technology. 

The campaign aims to help Canadians recognize warning signs, reject suspicious claims and report fraud to the authorities.

The Canadian Anti-Fraud Centre reports losses to fraud went up $37 million from 2022 and $187 million since 2021. 

They say only 5 to 10 per cent of frauds are reported.

Education remains the strongest line of defense against frauds.

At this time of year tax scams are more prevalent.

The Canada Revenue Agency says if you get called, you'll be given the caller's name, office location and phone number.

You can then contact the CRA to make sure the call is legitimate.

In the province:

Individuals:  1-800-959-8281

Businesses:  1-800-959-5525

They stress it's vital that you call them before giving out any personal information.