Police warn of investment scam
Posted: 2025-02-10 08:07:51 By: thebay
The OPP and the Canadian Anti-Fraud Centre (CAFC) are warning Canadians about a rise in telephone and online scams.
Police say fraudsters are using brand spoofing to target investors, offering fraudulent fixed-income investment opportunities like GICs and savings bonds with unusually high returns.
These scams typically follow an online search for investment opportunities, leading consumers to fake ads, and resulting in fraudulent calls from scammers posing as legitimate companies.
To protect yourself, learn about common cybercrime tactics and report any suspicions to police or the CAFC at 1-888-495-8501.
