Fraud prevention is a responsibility we all share. As a community, we can work together to learn about how to protect ourselves, and inform others on the kinds of fraud that are happening. It can help protect someone around you from falling victim.
How to protect yourself and others
Keep open lines of communication: The most important thing you can do is to communicate. Let your friends and family know about the kinds of fraud you’re hearing about. Part of the problem with fraud is that people are too ashamed to admit they’ve been defrauded, and so they don’t talk about it. However, shining a light on fraudsters is an easy way to protect yourself, and those around you.
Listen to friends and family as they discuss new friends and relationships: Romance scams are popular, and these scammers prey on people who believe they are embarking on a new relationship. As an objective outsider, you might pick up on details they may miss, and it could help stop your loved one from losing thousands of dollars.
Research common scams and who they target: The Competition Bureau regularly posts information on current scams, and there are often articles in the news about what’s going on. If you’re responsible for taking care of an elderly person, let them know about common scams that target the elderly.
While we tend to think of the elderly as most likely to fall for a scam, the reality is that it can happen to anyone, at any time. It’s important to remember that if you think you aren’t likely to be scammed, you’re probably putting yourself at greater risk.