March is Fraud Prevention Month

Fraud Prevention Month is an annual public awareness campaign held in March.

  • Mar. 3, 2016 3:00 p.m.

Fraud Prevention Month is an annual public awareness campaign held in March that began in 2004 by encouraging Canadians to recognize, reject and report fraud.

Here are a few tips to protect yourself from fraud:

Don’t be fooled by the promise of a valuable prize in return for a low-cost purchase.

Be extra cautious about calls, emails or mailings offering international bonds or lottery tickets, a portion of a foreign dignitary’s bank account, free vacations, credit repair or schemes with unlimited income potential.

Don’t be afraid to hang up the phone, delete the email or close your Internet connection.

Don’t purchase a product or service without carefully checking out the product, service and company.

Don’t be afraid to request further documentation from the caller so you can verify the validity of the company.

Don’t disclose personal information about your finances, bank accounts, credit cards, social insurance and driver’s license numbers to any business that can’t prove it is legitimate.

Shred unwanted personal information such as bank statements, credit card bills, unwanted receipts, cheques, pre-approved credit applications and old tax returns.

One of the most recent scams that our agency has been informed of is called the Phoney Bank Inspector Scam.

There are many variations to this scam but, in general, this is how it plays out:

An individual (often a senior) receives a phone call from someone who knows their name.

The caller claims to be a bank inspector (bank manager, police investigator, etc.) and explains that the bank is investigating a series of fraud cases that have been committed by staff at the individual’s branch.

The caller then asks the individual to withdraw a large sum of money from their account that will be inspected and used as evidence as part of the investigation.

The caller explains that, because the suspected criminal works at the branch in question, the individual should not tell the branch staff why they are withdrawing the money.

After the money is withdrawn, the victim is advised to meet the ‘investigator’ at a pre-determined nearby destination, where the money is handed over for investigation.

Once the money changes hands, the victim is instructed to return home and await a phone call confirming that the money has been re-deposited into the original account.

Unfortunately, no call comes, the money is not returned and the ‘inspector’ is never heard from again.

If you get such a call as described above report it to the Canadian Anti-Fraud Centre online at www.antifraudcentre-centreantifraude.ca or toll free at 1-888-495-8501.

If you feel that you have been a victim of fraud or have given out personal or financial information unwittingly, please contact the Lacombe Police Service at 403-782-3279.

Lacombe Police Service

 

Just Posted

WATCH: Alberta Party leadership candidates present visions to Central Albertans

Party members will vote for their new leader on Feb. 7th

Excitement is building about Lacombe hosting 2019 Allan Cup

Six teams, representing six regions nationally, will take part in the Allan Cup in April 2019

Lacombe and Red Deer Chambers prepare members for cannabis legalization

Luncheon speaker educates businesses on marijuana policies

Lacombe Generals to host 2019 Allan Cup

The Allan Cup was last hosted in Alberta in 2013 in Red Deer

Rogers Hometown Hockey lands in Lacombe Feb. 3rd and 4th

The weekend will feature broadcast hosts Ron MacLean and Tara Slone, meet-and-greets with NHL alumni and activities for the whole family

UPDATE/WATCH: Jason Klaus and Josh Frank guilty in triple murder

Crown argues for 75 years to life in prison, sentencing on Jan. 22nd

Two Canadians, two Americans abducted in Nigeria are freed

Kidnapping for ransom is common in Nigeria, especially on the Kaduna to Abuja highway

Are you ready for some wrestling? WWE’s ‘Raw’ marks 25 years

WWE flagship show is set to mark its 25th anniversary on Monday

John ‘Chick’ Webster, believed to be oldest living former NHL player, dies

Webster died Thursday at his home in Mattawa, Ont., where he had resided since 1969

Three-car pile-up on Northstar Drive and 58th Street

No injuries reported at Thursday afternoon incident

Bad timing: Shutdown spoils Trump’s one-year festivities

Trump spends day trying to hash out a deal with Senate Minority Leader Chuck Schumer

Las Vegas shooter acted alone, exact motive still undetermined: Sheriff

Stephen Paddock was behind the gunfire that killed 58 people including two Canadians

Botox, bomb shelters, and the blues: one year into Trump presidency

A look into life in Washington since Trump’s inauguration

Suspected Toronto serial killer targeting gay community arrested

A 66-year-old man is charged with first-degree murder in disappearance of two Toronto men

Most Read