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Fraud prevention centre

March is Fraud Prevention Month 

Every year, tens of thousands of Canadians fall victim to fraud. Protecting our members is a priority and the first step to keeping that promise is providing the information, education, and methods that members can use to protect yourself and to learn how to spot and stop fraud. Remember that fraud can happen anytime, anywhere, and to anyone—including you.


Our fraud prevention centre contains valuable information on scams, spotting red flags, and lots of tips on how to protect yourself from falling victim to fraud. In addition, the Security section of our online Insights & Advice is a great resource for information, recommendations, and articles on security and fraud, including our popular series, Fraud Files: Spot the red flags, real-life stories of fraud.

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Protect yourself

Learn about fraud and how to safely carry out your day-to-day activities in today’s digital world.

Learn how to stay safe
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Spot the scam

Discover more about fraud scams and how to spot and stop fraud before it happens to you.

Become scam savvy

Did you know? 

The Canadian Anti-Fraud Centre (CAFC) is Canada’s central source for information on fraud. In partnership with the Royal Canadian Mounted Police (RCMP), the Ontario Provincial Police (OPP), and the Competition Bureau, the CAFC provides news, information, and resources for citizens and businesses in Canada to report fraud. 

The numbers:

  • In 2023, the CAFC received over 116,000 reports of fraud from at least 41,000 victims. 
  • The CAFC reported that in 2023 Canadians lost $567 million to scams and fraud — an increase of 37 million from 2022 and 187 million since 2021.
  • Despite the rise in financial losses, the rate of fraud being reported remain low, with only 5% to 10% reported.
  • Key findings in a TransUnion survey found that while the rate of suspected digital fraud grew year-over-year globally by 8% from 2022 - 2023, Canadian-based fraud outpaced the global rate significantly with a 39% increase in 2023 from 3.6% in 2022. 
  • The survey also found that telecommunications, insurance and online communities witnessed the most substantial increases in suspected digital fraud during that timeframe, with increases of 400 per cent, 90 per cent, and 75 per cent, respectively. 
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Information centre

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Report fraud

You’re not alone. Whether you’ve fallen victim to fraud or have received a suspicious email or text, your first step is to report it.
Learn how to report fraud
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Fraud resources

Stay up to date with fraud resources including a glossary of terms, helpful links, and the latest from the CAFC.
Get the latest updates
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Your privacy

We invest considerable resources to protect your privacy, secure your information, and safeguard you from fraud.
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