8 Tips from the Government to Avoid a Scam

8 Tips from the Government to Avoid a Scam

avoid scam fraudThe Competition Bureau, a federal government agency, offers a few tips for you to be aware of to help avoid a scam.

  1. Always get independent advice if an offer involves
    • Money
    • Personal information
    • Time, or
    • Commitment
  2. There are no guaranteed get-rich quick schemes.
    Often, the only people who make money are the scammers.
  3. Don’t agree to offers or deals right away.
    If you think you’ve spotted a great opportunity, insist on time to get independent advice before making a decision.
  4. Don’t hand over money or personal information, or sign anything until you’ve done your homework and checked the credentials of the company that you’re dealing with.
  5. Don’t rely on glowing testimonials: find solid evidence of a company’s success.
  6. Log directly onto a website that you’re interested in rather than clicking on links provided in an email.
  7. Never send money, or give credit card or online account details to anyone you don’t know and trust.
  8. If you spot a scam or have been scammed, get help.
    Contact the Canadian Anti-Fraud Centre, the Competition Bureau or your local police for assistance.

For more tips to avoid fraud, visit the Competition Bureau website.

By Jason Clements

"Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time." — Johann Wolfgang von Goethe