It’s Fraud Prevention Month, and on this episode of Finance Friday, Mark Perkins, FirstOntario Credit Union’s Chief Operating Officer, joins us to discuss the latest scams you need to be aware of. Mark breaks down how these scams work and what you can do to protect yourself, from romance scams to job-related schemes. He also emphasizes the importance of reporting fraud and provides resources to help you stay informed.
Key takeaways:
1. The rise of sophisticated scams using AI and technology
2. Common scams: Grandparent scams, romance scams, job/employment scams, and CRA scams
3. How to identify and avoid these scams
4. Why it’s crucial to report fraud
5. Where to get help and report suspicious activity
The contents contained herein are for informational and educational purposes only and are subject to change without notice and should not be interpreted as financial, tax, Legal, investment, or any other type of advice. Nothing contained herein constitutes a recommendation, solicitation, endorsement, or offer by FirstOntario. You bear all risks associated with the use of this content, including without limitation, any reliance on the accuracy, completeness, or usefulness of any content provided herein. Hyperlinks to websites operated by third parties may be provided. FirstOntario does not endorse and is not responsible for the content of these external sites.
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