The Better Business Bureau said more than 50,000 scams were reported across Canada last year. (File)

Cat-phishing tops list of Better Business Bureau’s 10 scams of 2018

More than 50,000 scams were reported across Canada last year

A new scam duping Canadians out of millions topped the Better Business Bureau’s list in 2018.

The BBB announced its latest annual list of top 10 scams on Friday at a news conference at Vancouver Police Department headquarters.

READ MORE: Former pastor, son ‘preyed upon shared spirituality’ to defraud investors of $450K

Danielle Primrose, the president and CEO serving mainland B.C., said 2018 was another record-breaking year for scams, with more than 50,000 reported across Canada – more than 300 of those in B.C. alone.

Last year, Canadians lost more than $121 million to scammers – almost double the amount from 2015.

“In the past, people believed scammers only target seniors. However, the statistics are telling a different story,” said Primrose. “Scams are evolving – they are more aggressive, devastating, convincing and there is now a scam for everyone.

“I cannot stress enough how important it is to report every instance of scams and frauds.”

The number-one scheme people fell victim to has to do with love.

In 2018, Canadians lost more than $22.5 million, an increase from $17 million from 2016, to schemes such as cat-phishing through online dating. The fraudster charms the victim over a period of time, then asks for money to help a sick relative or other emergency.

Income tax extortion scams came second, and are one of the most prevalent because of the number of reports received about threatening phone calls, text and phishing emails.

Online purchase scams fell from the number one spot and to number three for 2018. Canadians lost more than $3.5 million by falling prey to fake websites, purchase of counterfeit goods, and receiving fraudulent cheques.

Here are the top 10:

1. Romance scams

2. Income tax extortion scams

3. Online purchase scams

4. Employment scam

5. Phishing

6. Subscription scams

7. Advance free loans

8. Tech support scams

9. Home improvement scams

10. Bank investigator scams



joti.grewal@bpdigital.ca

Like us on Facebook and follow us on Twitter

Just Posted

Innisfail-Sylvan Lake MLA candidate no longer supported by party over Islamophobic tweets

Clayton Knutson is unsure if he will continue under the FCP banner or run independently

Sylvan Lake Bantam B Lakers score Tier 5 championship

The Lakers drowned Chestermere when they swept the playoff series for the league title

PHOTOS: Hockey Central Midget Panthers fight for league title

The Panthers are in a best-of-five series against St. Albert for the REMHL title.

Sylvan Lake Curling Club’s season comes to an end with mixed bonspiel

The Mixed Bonspiel was held at the NexSource Centre, March 15-17.

Photo Gallery: Royalty and heroes let loose in Sylvan Lake

The second annual Capes and Crown Ball raised funds for Sylvan Lake’s kcs.

The good, bad and the unknown of Apple’s new services

The announcements lacked some key details, such as pricing of the TV service

Study: Why Canadian police should have a dedicated animal cruelty unit

People view fighting animal cruelty as a public responsibility

One person dead in head-on collision near Stettler

Stettler RCMP investigate fatal collision

One Maskwacis man arrested after gun seized on reserve

Maskwacis RCMP locate loaded handgun during search warrant

Military officer accused of sexual misconduct, drunkenness in B.C., Alberta

Warrant Officer Jarvis Kevin Malone is charged under the National Defence Act

Morneau unveils principles for Indigenous ownership in Trans Mountain pipeline

The controversial pipeline was bought by Ottawa last year

Refugee who sheltered Edward Snowden in Hong Kong arrives in Canada

Vanessa Rodel and her seven-year-old daughter Keana arrived in Toronto this week

New UMSCA trade deal getting a boost from Trump, business groups

The trade deal is designed to supplant the North American Free Trade Agreement

Trudeau says he, Wilson-Raybould had cordial conversation last week

Trudeau denies anything improper occurred regarding SNC-Lavalin and the PMO

Most Read