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Fraud Awareness
Fraud Awareness
Stay informed and protect yourself from the latest fraud schemes targeting banking customers.
Knowledge is your best defense. Learn to recognize and avoid these common financial fraud schemes.
Fraudsters send emails that appear to be from legitimate banks or companies, asking you to click a link and enter your login credentials. These emails often create urgency ("Your account will be suspended") or offer rewards.
How to protect yourself: Never click links in unsolicited emails. Always type our URL directly into your browser. Check for spelling errors and suspicious sender addresses. When in doubt, call us directly.
Text messages claiming to be from your bank, asking you to verify transactions or update information via a link. These often reference fake suspicious activity.
How to protect yourself: Do not click links in text messages. Log into your account directly through the official app or website to verify any alerts. Report suspicious texts to your carrier.
Phone calls from fraudsters pretending to be bank employees, government officials, or tech support. They may ask for personal information, PINs, or request remote access to your computer.
How to protect yourself: We will never ask for your full password or PIN over the phone. If you receive a suspicious call, hang up and call us back at our official number: +1 416-789-8979.
Fraudsters build online relationships and eventually ask for money for emergencies, travel, or investments. They often claim to be overseas or in the military.
How to protect yourself: Never send money to someone you have not met in person. Be suspicious of requests for wire transfers, gift cards, or cryptocurrency. Talk to friends or family before sending money.
Schemes promising high returns with little or no risk. These include Ponzi schemes, pump-and-dump stock scams, and fake cryptocurrency investments.
How to protect yourself: If it sounds too good to be true, it probably is. Verify investment opportunities with a licensed advisor. Check registration with Canadian securities regulators.
Fraudsters use stolen personal information to open accounts, apply for loans, or make purchases in your name. Information is often obtained through data breaches or social engineering.
How to protect yourself: Shred documents containing personal information. Monitor your credit report regularly. Use strong, unique passwords. Enable account alerts for all activity.
Callers claiming to be from Microsoft, Apple, or your bank, stating your computer has a virus or your account is compromised. They request remote access to "fix" the problem.
How to protect yourself: No legitimate company will call you unsolicited about computer problems. Never grant remote access to unknown callers. Install reputable antivirus software.
Contact us immediately and report the incident to the Canadian Anti-Fraud Centre.
Call Cucorp Anti-Fraud Centre