(KILLALOE, ON) The Canadian Anti-Fraud Centre continues to receive reports from victims who have been contacted by fraudsters claiming to be from their financial institution, law enforcement or one of their online merchants. Suspects claim that there have been suspicious charges on your credit card or in your online account. They claim the charge is either from an online purchase, in-store transaction or overseas transfer. They then state they need your credit card information to cancel the transaction.
Many reports indicate that scammers will gain access to the victims’ computer to continue the “investigation”. Victims are then shown a fraudulent transaction on their online banking account. The scammers state they want the victims’ help in an ongoing “investigation” against the criminals who stole their money. The alleged bank investigator and/or law enforcement official indicates they will send victims a deposit of funds, for the victims to send overseas as part of the “investigation”. It is not until the transfers are completed that the victims realize funds were never deposited into their account.
Warning Signs – How to Protect Yourself
Anyone who suspects they have been the victim of cybercrime or fraud should report it to their local police and to the Canadian Anti-Fraud Centre’s online reporting system or by phone at 1-888-495-8501.