MONTREAL The pandemic has left people exposed to more than just a virus, especially with everyone doing everything shopping, working, and most else from home. Being online so much also leaves people vulnerable to scams. The Canadian Anti-Fraud Centre reports that fraud are on the rise, saying that since March of last year, Canadians filed nearly 70,000 fraud reports totalling more than $100 million in reported losses. February was Fraud Prevention Month, and a number of authorities tried to alert people to how to spot fraudulent schemes. “The fraudsters are using any means at their disposal to target Canadians, says RCMP intelligence analyst Jeff Thomson.
British Columbia Securities Commission: Younger, FOMO-Inclined Adults View Social Media As Source For Investment Tips Date
03/03/2021
Younger adults and those who experience the fear of missing out (FOMO) are more likely to think social media is a good place to find investment opportunities, according to new research from the British Columbia Securities Commission (BCSC).
In addition, many younger adults and people who have FOMO say that failing to act immediately on a new investment might lead them to miss a good opportunity.
To mark Fraud Prevention Month, the BCSC surveyed more than 2,000 Canadians, including 1,000 British Columbians, to measure how age and FOMO influence investment attitudes.
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