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March is Fraud Prevention Month

Insights

Despite our best efforts, fraud is not going away. (According to the Canadian Anti-Fraud Centre, investment fraud was the second most common type of fraud that affected Canadians, based on dollar loss, in 2020.1) That’s why it’s important to be aware—for yourself and for family members who may be more vulnerable to fraud.

Here are some resources that demonstrate common examples of investment and other types of fraud, and its signs. I hope you’ll find these resources, from credible sources, useful and shareable with family and friends.

Manulife Securities - Investor Education Centre – Take action against fraud

  • Examples of investment fraud and how to protect your investments.
    (Manulifesecurities.ca > Resources > Investor Education Centre > Take action against fraud)

Government of Canada - Competition Bureau Canada - Resources - Fraud Prevention Month

  • Tips on how to recognize the latest frauds and a short quiz that helps test your knowledge. 

Government of Canada - Canadian Anti-Fraud Centre

  • Comprehensive information on scams and how you can protect yourself and your family.



As always, if you have questions about the markets or your investments, I’m here to talk.


Regards



1 Top 10 frauds affecting Canadians based on dollar loss in 2020


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