Hey guys, I have recently been watching closely what the ” Canadian Anti-Fraud ” in these pandemic times, and I wanted to share some of the interesting facts.
1st, let’s take a look at the type of fraud by age group
Age group: 10-29
- Merchandise ( clothing)
- Job Offers
- Phishing
Age group: 30-59
- Services offer
- Romance
- Extortion
Age group: 60+more
- Everything above, but add the BANK investigation
Looks like the older you are, the biggest the fraud can be money wise.
Other interesting facts are the impact of fraud in this pandemic time:
The impact of COVID-19 fraud
Between March 6, 2020 and September 30, 2020
Canadian reports of COVID-19 fraud:
5242
Canadian victims of COVID-19 fraud:
3922
Lost to COVID-19 fraud:
$6.2 M
The impact of fraud so far this year
As of September 30, 2020
Canadian reports of fraud:
39,696
(47,389 in 2019)
Canadian victims of fraud:
18,533
(19,927 in 2019)
Lost to fraud:
$67.2 M
($102.5 M in 2019
So looking into this, my quick analysis is that this covid virus brought more people online and create more opportunities for online fraud.
It is more important than ever to get everyone more aware about that as I think it is still the best way to prevent it.
If you want to know more about fraud in Canada, you can go to this website
Later
Rachel
