Each year, fraud costs thousands of Canadians an estimated $10 billion. To help combat this issue, the Financial Services Commission of Ontario (FSCO) is taking part in Fraud Prevention Month
― an annual education and awareness campaign that brings together organizations from law enforcement, as well as the public and private sectors across Canada, to help consumers and businesses recognize, reject and report fraud.
Throughout Fraud Prevention Month, FSCO will join the effort to increase public awareness through social media:
- FSCO will share daily fraud prevention tips on Twitter (@FSCOTweets) using the hashtags #FSCOTips and #FPM2016. Tweets will include topics such as common auto insurance scams, staged auto accidents, tow truck scams, and how to report fraud.
- FSCO and Toronto Police Service's Financial Crimes Unit will co-host a special #Fraudchat series with tips and information on recognizing and protecting yourself against fraud.
Resources on Fraud Prevention
Education plays a big role in teaching Canadians how to recognize, reject and report fraud.
Read these resources to learn about how you can help prevent and combat fraud: