Fraud: Recognize, Reject, and Report It!

March is Fraud Prevention Month

March 3, 2017 – Every year, thousands of Canadians fall victim to fraud. Most people think it could never happen to them but fraudsters target Canadians of all ages and from all walks of life by promising friendship, big payoffs, or instilling panic and fear. Kindred members are not immune to these types of tactics.

Canadian Anti-Fraud Centre tracks statistics on fraud related activity. In Canada, last year alone, over 57,000 complaints, 17,000 victims and $73 million in losses were recorded, due to mass marketing fraud. As more sophisticated and complex scams are being designed by fraudsters every day, how can we keep from falling victim to frauds and scams that all too often seem to be legitimate? Education and awareness is the key to protecting yourself!

Remember, never give out personal or financial information over the telephone, by text, through email or online. If you have any doubts about who you’re dealing with, you have the right to request written information, call-back numbers or references. You may hang up, delete the email or text and contact legitimate organizations or service providers at publicly available numbers to verify.

For more information on fraud prevention, call or visit your local branch, the Anti-Fraud resources on kindredcu.com, the Canadian Anti-Fraud Centre website, or the Competition Bureau.
 

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