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Posted by / 07-Aug-2018 02:19

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Don't be fooled by claims that the offer is legal or has government approval—many scammers will tell you this. Scammers and fraudsters play upon the universal desire to win big… with lottery, sweepstakes and contest scams designed to put money in their pockets… as they profit by making you pay premium text or phone rates, bogus “fees” or hidden costs.Instead of receiving a grand prize or fortune, you will lose every cent that you send to a scammer. Even worse, many of these scams are designed SPECIFICALLY to steal your banking and other personal information… after which the fraudsters cash in by stealing from you or holding your data for ransom.Many lottery scams try to trick you into providing your banking and personal details to claim your prize.

Fake lotteries, Internet frauds, get‑rich‑quick schemes and miracle health cures are some of the favoured means of separating the unwary from their money. The Competition Bureau has seen the devastating effects scams can have on people and their families.This booklet in its printed, online and video editions is an important step in that direction. Navdeep Bains, Minister of Innovation, Science and Economic Development Fraud is a crime that threatens every Canadian, regardless of their education, age or income.Scammers use a variety of devious tactics to defraud unsuspecting victims, such as imitating well‑known brands online and using deceptive claims to entice consumers through telemarketing, emails or social media.It provides tips on how to protect yourself and debunks common myths that might allow fraudsters to gain your trust.Since we first launched the booklet in March 2012, it has remained one of our most popular publications.

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Your guide to protection against fraud First published by the Competition Bureau Canada 2012 Reproduced with permission from the Australian Competition and Consumer Commission Illustrations by Pat Campbell Except as otherwise specifically noted, the information in this publication may be reproduced, in part or in whole and by any means, without charge or further permission from the Competition Bureau provided due diligence is exercised in ensuring the accuracy of the information reproduced; that the Competition Bureau is identified as the source institution; and that the reproduction is not represented as an official version of the information reproduced, nor as having been made in affiliation with, or with the endorsement of the Competition Bureau.

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