The world of crypto currency can be tough to decipher and crypto-based scams abound. During our recent webinar on Current Frauds and Trends affecting Seniors, many participants had questions about crypto scams so we decided to tackle the question in a follow-up webinar. Jeff Horncastle, Acting Client and Communications Outreach Officer at the Canadian Anti-Fraud Centre will highlight what you need to know to understand the basics of crypto scams and stay safe.
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Resources from the webinar
How to Report Fraud:
Canadian Anti-Fraud Centre
If you suspect or are experiencing a fraud/scam, report it.
Phone: 1-888-495-8501 Monday to Friday, from 9 am to 4:45 pm (Eastern time) and closed on holidays.
Learn more:
- CAFC Bulletins
Sign up for bulletins, trends and media release from the CAFC. Simply send an email to to get added to the list! - Canadian Securities Administrators
This site is designed to give investors insight into how regulation and registration help individuals avoid investment scams and fraud, and to help them choose an investment professional they can trust. Explore this section to find resources on how to check registration, avoid fraud, and connect with your local securities regulator. - Voluntary Commitments and Codes of Conduct for the Delivery of Banking Services to Seniors
- Get Cyber Safe
Get Cyber Safe is a national public awareness campaign to inform Canadians about cyber security and the simple steps they can take to protect themselves online: www.getcybersafe.ca
Crypto 101
Ontario Security Commission
Learn more about all things Crypto at www.osc.caGetSmarterAboutCrypto.ca
Credit Checks
Equifax and TransUnion
Request a copy of your credit report from each agency and review it carefully to see if a scammer opened any accounts or incurred debt in your name.
Also ask to put an alert on your credit report in case future scam attempts are made under your name.
- Equifax : 1-800-465-7166 or www.equifax.ca
- TransUnion : 1-800-663-9980 or www.transunion.ca