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MoneyTalk: How to protect yourself and your loved ones from fraud

Presented by: Illustration: Veronica Park Seniors are a perennial target for fraud. But don’t panic. Here are some ways you can help protect yourself. Your phone rings and it’s a number you don’t recognize. You answer anyway and a distorted recording tells you to enter your Social Insurance Number to hear an important message about the date and time of COVID-19 vaccinations for your family. Your heart races and you are about to punch in the numbers when you think…hang on…this is a scam. Or is it? Many Canadians may be savvy at spotting scams, but it is still a growing problem. According to the Canadian Anti-Fraud Centre, more than 40,000 Canadians were victims of fraud in 2020, a 50% increase from 2019.

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