Every year, millions of Canadians are targeted by fraud regardless of their age, education level, income, profession or ethnicity. March is Fraud Protection Month in Canada and the Financial Consumer Agency of Canada (FCAC) is joining the Competition Bureau and several other organizations in raising awareness about the issue of fraud. It’s an ideal time for Canadians to find out how to recognize, prevent and report fraud should they become a victim.
It’s easy to fall for a financial scam. Criminals use creative tactics to catch potential victims at different stages of their lives. Whether you are starting your first job, moving out on your own, maintaining a home or living in retirement, be mindful of the potential scams that could target you.
Protect your assets, property and identity by recognizing and reporting the warning signs to the proper authorities and by visiting itpaystoknow.gc.ca to learn more.
Lucie Tedesco, Commissioner; Financial Consumer Agency of Canada