March is Fraud Prevention Month, and the Canadian Anti-Fraud Centre will be sharing a “Scam of the Day” every weekday for the month of March.
Regina Police says the intent is to educate the public and preventing fraud cases and have these statistics to share:
- In 2015 there were 18,342 Extortion complaints reported by 1,113 victims
- Romance scams were the hardest hitting for dollar value with $16,889,780.67 lost
- The CAFC receives on average, 50,000 complaints a year
- The CAFC receives on average a reported dollar loss of $81,000,000 each year
- It is believed fewer than 5% of victims create a report with the CAFC regarding Mass Marketing Fraud.
Regina Police says victims who are being scammed, especially through the romance scam, often deny they’re being scammed.