How many reports of fraud were there in Canada in 2023?
In 2023, the CAFC reported more than 116,000 cases of fraud, losses totaling $567 million, and more than 41,000 victims. According to the CAFC as the dollars lost from fraud rises, the rate of reporting remains low with only 5%-10% of victims reporting fraud.
Year | # Reports | #Victims | Dollars lost |
2023 | 116,403 | 41.873 | $567 million |
2022 | 90,078 | 57,578 | $530 million |
2021 | 107,000 | 68,000 | $383 million |