How scammers are targeting older adults & what steps seniors can take to avoid fraud

Survey reveals growing concern over online fraud targeting seniors. Learn how to protect yourself from online scams targeting older adults with these simple tips.

Scammers are becoming more sophisticated. They continually adapt the tactics they use to separate Canadians from their money.

“Over the last year we have seen an increase in the number of fraud victims who’ve been coached on how to lie to loved ones, bank employees or financial advisors about why they are withdrawing funds and what the money will be used for,” says Purkiss. “Ultimately, the scammer’s goal is to make it tougher to spot the signs of a scam until it’s too late.”

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