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Mar 9, 2023 · In 2022, the Canadian Anti-Fraud Centre (CAFC) received 90,377 fraud reports involving over $530 million in reported losses. Top 10 frauds based on number of reports in 2022:
Mar 7, 2023 · The Better Business Bureau has released its list of the top 10 riskiest scams in Canada. Home improvement scams top the BBB's risk index, followed by cryptocurrency scams and advance...
Mar 6, 2023 · New to the 2022 top 10 riskiest scams in Canada list compared to 2021 are investment scams (#4), rental scams (#7), and travel/vacation/timeshare scams (#9). In 2022, ages 35-44 reported the...
The 2022 Canadian Anti-Fraud Centre (CAFC) Annual Report (the Report) provides a statistical review of fraud reporting to the CAFC, observed between January 1 and December 31, 2022. From these observations, the Report highlights significant trends in fraud and identity crimes.
- Identity theft. Number one for the second straight year is identity theft – probably the most dangerous scam of all. In identity theft, a criminal has gained enough personal identifying information on the victim to take over their identity.
- Imposter scams. Also for the second year in a row, imposter scams are second on the list. These schemes can take many different forms. Sometimes the scammer claims to be a law enforcement official or someone connected to a government agency.
- Debt collection scams. Unscrupulous debt collectors often purchase old, discharged debt for pennies on the dollar. The debt is considered uncollectable for any number of reasons and the business is happy to get it off its books.
- Investment related scams. During the pandemic, when millions of Americans stayed home, there was a surge in day trading in stocks and crypto. Not surprisingly, the FTC got more complaints about investment scams and they remain in fourth place.
Feb 24, 2023 · Here are some highlights from 2022: Investment scams were huge, with reported losses of $3.8 billion. That’s more than people lost to any other scam, and more than double the loss reported in 2021. Impersonator scams were still the most-reported scam, with reported losses of $2.6 billion.
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Mar 6, 2023 · What are the BBB’s top 10 scams of 2022? 1. Home improvement 2. Cryptocurrency 3. Advance fee loan 4. Investment 5. Employment 6. Online purchases 7. Rental 8. Credit card 9. Travel/vacation...
