The annual Fraud Prevention Month campaign put on by the OPP and the Canadian Anti-Fraud Centre is now underway.
This year’s campaign will focus on impersonation scams and various frauds that prey on vulnerable consumers and businesses.
A majority of the scams and frauds involve an aspect of impersonation, with suspects posing as a trusted individual in order to steal victims’ money or personal information.
According to the CAFC, reported losses have totalled $379 million, a dramatic increase from $164 million in losses in 2020.
It is estimated that only 5% of victims report their frauds to law enforcement.
(Written by: Lee McConnell)
