Riskiest scams in Canada come from home renovations, cryptocurrency: BBB
The Better Business Bureau says the riskiest scam Canadians faced in 2022 was getting worked over by fraudulent construction contractors.
The BBB says 78.8 per cent of people were susceptible to home improvement scams, and they lost about $1,900 each. The highest average loss came from investment scams. While only 2.9 per cent of reports in 2022 were of this nature, those who were tricked lost an average of $5,000. The BBB rated investment scams in 4th place.The Better Business Bureau’s list of top 10 riskiest scams in Canada in 2022.
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