Fraud Prevention Month is an annual public awareness campaign held in March that works to prevent Canadians from becoming victims of fraud by helping them “Recognize it. Report it. Stop it.”
In North America, nearly 30% of Fraud Victims are seniors and with many seniors owning a mortgage free property this raises an increased risk of Title Fraud. Watch this short video to understand how to protect yourself.
During the month of March, the Bureau and its partners in the Fraud Prevention Forum carry out numerous activities and host a variety of events to inform Canadians about the impact of fraud and how to protect themselves.
Check out the tips below, and visit the Bureau’s fraud prevention portal for more information and many other resources to help you fight fraud.
Tips to Protect Yourself from Fraud
- Don’t be fooled by the promise of a valuable prize in return for a low-cost purchase.
- Be extra cautious about calls, emails or mailings offering international bonds or lottery tickets, a portion of a foreign dignitary’s bank account, free vacations, credit repair or schemes with unlimited income potential.
- Don’t be afraid to hang up the phone, delete the email or close your Internet connection.
- Don’t purchase a product or service without carefully checking out the product, service and company.
- Don’t be afraid to request further documentation from the caller so you can verify the validity of the company.
- Don’t disclose personal information about your finances, bank accounts, credit cards, social insurance and driver’s license numbers to any business that can’t prove it is legitimate.
- Shred unwanted personal information such as bank statements, credit card bills, unwanted receipts, cheques, pre-approvedcredit applications and old tax returns.
- Check your credit report every year and report problems immediately.
- If a scam artist contacts you, or if you’ve been defrauded: Report it! Your reports are vital to the anti-fraud efforts of law enforcement agencies.