A British Columbia man unknowingly became an illegal “money mule” after accepting an unsolicited courier job that required picking up cash from residents’ homes. In reality, he was collecting money for a fraudster operating a “grandparent scam.” This scam tricks vulnerable seniors into handing over cash by falsely claiming a
Utility companies are warning Canadians about a surge in “utility imposter” scams, where fraudsters pose as service providers to steal money and personal information. According to the article, reports of such fraud increased by 50% for Toronto Hydro in 2024. Scammers typically use high-pressure tactics, such as threatening immediate service
We are now well into 2026 and your New Year’s Resolution about managing your money better may have already been forgotten. As the late Sir John Templeton famously stated, the best time to invest is when you have money! The challenge for most people – with many people just struggling
You know, we often hear those sad stories: a family loses everything in a house fire, and they didn’t have fire insurance. It’s easy to think, “That could never happen to me,” but the truth is, disasters don’t pick favorites. Insurance isn’t about expecting the worst — it’s a smart,
You might be surprised to learn that every year, thousands of Canadian seniors miss out on government benefits they’re entitled to—sometimes worth thousands of dollars a year. According to recent reports from Service Canada, more than 100,000 older Canadians still aren’t receiving full benefits from programs like the Canada Pension
Fraudsters are targeting Apple users with a carefully constructed campaign. A sophisticated phishing scam is targeting Apple Pay users, leveraging fake “blocked transaction” emails to steal personal data. The article, originally from Macworld, details how fraudsters send official-looking emails claiming a high-value purchase was blocked due to suspicious activity. These
A Richmond Hill man, lost $260,000 in a sophisticated “pump-and-dump” scam shortly after moving his investments to a website falsely claiming to be Wealthsimple. Targeted by Instagram ads mimicking Wealthsimple’s branding, Klait joined an online trading forum that initially helped him profit $14,000. Trusting the group, he invested a larger
A new report from the Angus Reid Institute reveals that over 80% of Canadians have been targeted by digital or phone scams since 2024. While many ignore these attempts, roughly 30% of those targeted fell victim, resulting in the theft of funds or personal data. By September 2025, reported losses
The “Canada Pension Network Hub” is the name used in SCAM videos and webpages circulating online that promote false information about Canadian retirement benefits. The actual Government of Canada has issued multiple warnings about these fraudulent attempts to steal personal and financial information. Key Information on the Scam Reporting Scams If you
Give your finances a boost this new year. Here is a list of financial resolutions to help you become better off by the end of the next twelve months: Eliminate personal debt Brad and Angie had fallen into the very common habit of buying lots of ‘stuff’ with their credit
Do you know the real rate of return on your investments? Generally, Canadians measure the success of their investments based only on the rate of return. While it provides a good snapshot of whether an investment is doing well or not, it is not the only criterion for a true
You have probably heard the phrase; too much month left at the end of the money. Paying for housing, groceries, fuel, utilities and various child rearing expenses, although very necessary, can put a huge strain on a family when outlays sometimes exceed your income. Fortunately, this is usually only a
A woman from Markham, Ontario, lost her life savings of $1.7 million to a cryptocurrency scam involving a deepfake video of Elon Musk. Using the pseudonym Denise, the victim told CTV News she was lured by a Facebook video where an AI-generated Musk promoted a high-return investment platform. After an
Two Canadians lost a combined $2.3 million to sophisticated cryptocurrency scams driven by AI-generated content. Denise, a 51-year-old from Markham, Ontario, lost her life savings of $1.7 million after viewing a deepfake video of Elon Musk on Facebook promising high returns. She even took out a second mortgage to invest.
The CTV News segment, “Consumer Alert,” warns viewers about advance fee loan scams. Reporter Pat Foran highlights the story of Linda Bailey, a woman struggling financially who sought a $20,000 loan online. She contacted a company called Dynamic Resource Solutions, which appeared legitimate with positive reviews. However, the company required
Police are warning holiday shoppers about ongoing scams where gift card barcodes are tampered with so that scammers keep the cash value of the card. Watch video below to learn about what to watch for while shopping.
As we wrap up 2025, it’s a good time to pause and reflect on what the year has brought—and more importantly, how to position ourselves for success in 2026. This year has been another reminder that global uncertainty is here to stay. Trade tensions, fluctuating interest rates, and uneven economic
You may have heard of the Registered Disability Savings Plan (RDSP) — one of the best financial tools available for Canadians who qualify for the Disability Tax Credit (DTC). Since its launch in 2008, the RDSP has helped thousands of people with disabilities save and grow their money with significant
Many Baby Boomers have pinned their hopes on an inheritance to solve their financial challenges. Media reports often highlight the anticipated $1 trillion expected to transfer between generations over the next 10-15 years. A recent HSBC report from March 2024 reveals that 39% of working and recently retired individuals are
Ray Anholt of Victoria recently marked his 90th birthday, but says there was little to celebrate — being the victim of one of the largest-ever bank investigator scams reported in Canada, he was left virtually penniless. Over six months last year, Anholt lost his life savings — almost $1.7 million.
Seniors are getting taken advantage of by people pretending to be their friends A retired Richmond man in his 80s lost his entire life savings, totaling over $40,000, to scammers posing as supportive online friends. His son is now speaking out to warn other families, highlighting how sophisticated fraudsters exploit
This CTV News report details how AI-generated deepfakes are being used to defraud Canadians of their life savings. The video highlights victims like the Perkins family, who lost over $42,000, and Brenda Dion, who lost $16,000, after trusting realistic deepfake videos of political figures—including Chrystia Freeland and Mark Carney—endorsing fake
The Better Business Bureau is warning shoppers about a new scam called “ghost tapping” this holiday season. This occurs when thieves intercept the Near Field Communication (NFC) signals used in contactless payments to make unauthorized charges or charge a card multiple times. Because the scammers need to be physically close
The Manitoba Securities Commission (MSC) is urging all Manitoba investors to be extra cautious after a local senior lost their $2 million dollar life savings in a crypto scam with “Fargo Investor” – an unregistered, fraudulent business. MSC investigators believe others may have invested with or been approached by the
When it comes to money and investing, a lot of people fall into the same trap: chasing what’s “hot” right now. If a certain stock, sector, or trend is making headlines, many will jump in—hoping they’ve found a “sure thing.” The funny thing is, that’s the exact opposite of how
Running a small business is exciting and rewarding—but it also comes with plenty of challenges. Between managing cash flow, building your client base, and keeping customers happy, taxes can easily slip down the priority list. With some planning, though, tax season can be less stressful and even work to your
Ted and Martha had always planned well for retirement—about $600,000 in their RRIFs, which gave them nearly $4,000 a month before taxes. Everything seemed secure—until Ted began experiencing cognitive impairment. For a year or so, Martha managed to care for Ted at home. But eventually she had to make a
Fraud Watch News Warning: FIFA World Cup™ themed frauds • April 8, 2026 The Royal Canadian Mounted Police (RCMP), the Canadian Anti-Fraud Centre, and their policing partners are warning the public to be … Toronto police warn about rise of scams using AI • March 30, 2026 Toronto police are
The Canadian Investment Regulatory Organization (CIRO) is warning investors about Tradock LTD, a fraudulent trading platform operating through the website [https://tradock[.]io] that has been falsely claiming registration with the Investment Industry Regulatory Organization of Canada (IIROC), CIRO’s predecessor, in communications with investors. Investors should be aware that Tradock LTD is
A British Columbia man unknowingly became an illegal “money mule” after accepting an unsolicited courier job that required picking up cash from residents’ homes. In reality, he was collecting money for a fraudster operating a “grandparent scam.” This scam tricks vulnerable seniors into handing over cash by falsely claiming a
Utility companies are warning Canadians about a surge in “utility imposter” scams, where fraudsters pose as service providers to steal money and personal information. According to the article, reports of such fraud increased by 50% for Toronto Hydro in 2024. Scammers typically use high-pressure tactics, such as threatening immediate service
We are now well into 2026 and your New Year’s Resolution about managing your money better may have already been forgotten. As the late Sir John Templeton famously stated, the best time to invest is when you have money! The challenge for most people – with many people just struggling
You know, we often hear those sad stories: a family loses everything in a house fire, and they didn’t have fire insurance. It’s easy to think, “That could never happen to me,” but the truth is, disasters don’t pick favorites. Insurance isn’t about expecting the worst — it’s a smart,
You might be surprised to learn that every year, thousands of Canadian seniors miss out on government benefits they’re entitled to—sometimes worth thousands of dollars a year. According to recent reports from Service Canada, more than 100,000 older Canadians still aren’t receiving full benefits from programs like the Canada Pension
Fraudsters are targeting Apple users with a carefully constructed campaign. A sophisticated phishing scam is targeting Apple Pay users, leveraging fake “blocked transaction” emails to steal personal data. The article, originally from Macworld, details how fraudsters send official-looking emails claiming a high-value purchase was blocked due to suspicious activity. These
A Richmond Hill man, lost $260,000 in a sophisticated “pump-and-dump” scam shortly after moving his investments to a website falsely claiming to be Wealthsimple. Targeted by Instagram ads mimicking Wealthsimple’s branding, Klait joined an online trading forum that initially helped him profit $14,000. Trusting the group, he invested a larger
A new report from the Angus Reid Institute reveals that over 80% of Canadians have been targeted by digital or phone scams since 2024. While many ignore these attempts, roughly 30% of those targeted fell victim, resulting in the theft of funds or personal data. By September 2025, reported losses
The “Canada Pension Network Hub” is the name used in SCAM videos and webpages circulating online that promote false information about Canadian retirement benefits. The actual Government of Canada has issued multiple warnings about these fraudulent attempts to steal personal and financial information. Key Information on the Scam Reporting Scams If you
Give your finances a boost this new year. Here is a list of financial resolutions to help you become better off by the end of the next twelve months: Eliminate personal debt Brad and Angie had fallen into the very common habit of buying lots of ‘stuff’ with their credit
Do you know the real rate of return on your investments? Generally, Canadians measure the success of their investments based only on the rate of return. While it provides a good snapshot of whether an investment is doing well or not, it is not the only criterion for a true
You have probably heard the phrase; too much month left at the end of the money. Paying for housing, groceries, fuel, utilities and various child rearing expenses, although very necessary, can put a huge strain on a family when outlays sometimes exceed your income. Fortunately, this is usually only a
A woman from Markham, Ontario, lost her life savings of $1.7 million to a cryptocurrency scam involving a deepfake video of Elon Musk. Using the pseudonym Denise, the victim told CTV News she was lured by a Facebook video where an AI-generated Musk promoted a high-return investment platform. After an
Two Canadians lost a combined $2.3 million to sophisticated cryptocurrency scams driven by AI-generated content. Denise, a 51-year-old from Markham, Ontario, lost her life savings of $1.7 million after viewing a deepfake video of Elon Musk on Facebook promising high returns. She even took out a second mortgage to invest.
The CTV News segment, “Consumer Alert,” warns viewers about advance fee loan scams. Reporter Pat Foran highlights the story of Linda Bailey, a woman struggling financially who sought a $20,000 loan online. She contacted a company called Dynamic Resource Solutions, which appeared legitimate with positive reviews. However, the company required
Police are warning holiday shoppers about ongoing scams where gift card barcodes are tampered with so that scammers keep the cash value of the card. Watch video below to learn about what to watch for while shopping.
As we wrap up 2025, it’s a good time to pause and reflect on what the year has brought—and more importantly, how to position ourselves for success in 2026. This year has been another reminder that global uncertainty is here to stay. Trade tensions, fluctuating interest rates, and uneven economic
You may have heard of the Registered Disability Savings Plan (RDSP) — one of the best financial tools available for Canadians who qualify for the Disability Tax Credit (DTC). Since its launch in 2008, the RDSP has helped thousands of people with disabilities save and grow their money with significant
Many Baby Boomers have pinned their hopes on an inheritance to solve their financial challenges. Media reports often highlight the anticipated $1 trillion expected to transfer between generations over the next 10-15 years. A recent HSBC report from March 2024 reveals that 39% of working and recently retired individuals are
Ray Anholt of Victoria recently marked his 90th birthday, but says there was little to celebrate — being the victim of one of the largest-ever bank investigator scams reported in Canada, he was left virtually penniless. Over six months last year, Anholt lost his life savings — almost $1.7 million.
Seniors are getting taken advantage of by people pretending to be their friends A retired Richmond man in his 80s lost his entire life savings, totaling over $40,000, to scammers posing as supportive online friends. His son is now speaking out to warn other families, highlighting how sophisticated fraudsters exploit
This CTV News report details how AI-generated deepfakes are being used to defraud Canadians of their life savings. The video highlights victims like the Perkins family, who lost over $42,000, and Brenda Dion, who lost $16,000, after trusting realistic deepfake videos of political figures—including Chrystia Freeland and Mark Carney—endorsing fake
The Better Business Bureau is warning shoppers about a new scam called “ghost tapping” this holiday season. This occurs when thieves intercept the Near Field Communication (NFC) signals used in contactless payments to make unauthorized charges or charge a card multiple times. Because the scammers need to be physically close
The Manitoba Securities Commission (MSC) is urging all Manitoba investors to be extra cautious after a local senior lost their $2 million dollar life savings in a crypto scam with “Fargo Investor” – an unregistered, fraudulent business. MSC investigators believe others may have invested with or been approached by the
When it comes to money and investing, a lot of people fall into the same trap: chasing what’s “hot” right now. If a certain stock, sector, or trend is making headlines, many will jump in—hoping they’ve found a “sure thing.” The funny thing is, that’s the exact opposite of how
Running a small business is exciting and rewarding—but it also comes with plenty of challenges. Between managing cash flow, building your client base, and keeping customers happy, taxes can easily slip down the priority list. With some planning, though, tax season can be less stressful and even work to your
Ted and Martha had always planned well for retirement—about $600,000 in their RRIFs, which gave them nearly $4,000 a month before taxes. Everything seemed secure—until Ted began experiencing cognitive impairment. For a year or so, Martha managed to care for Ted at home. But eventually she had to make a
Fraud Watch News Warning: FIFA World Cup™ themed frauds • April 8, 2026 The Royal Canadian Mounted Police (RCMP), the Canadian Anti-Fraud Centre, and their policing partners are warning the public to be … Toronto police warn about rise of scams using AI • March 30, 2026 Toronto police are
The Canadian Investment Regulatory Organization (CIRO) is warning investors about Tradock LTD, a fraudulent trading platform operating through the website [https://tradock[.]io] that has been falsely claiming registration with the Investment Industry Regulatory Organization of Canada (IIROC), CIRO’s predecessor, in communications with investors. Investors should be aware that Tradock LTD is