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CIRO Jul 2024
Romance and Investment Scams
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Fraudsters are master manipulators who leverage relationships to build trust and exploit you financially. Technology makes it easy to become a victim as bad actors can, pretend to be someone you know online, or use artificial intelligence to trick you. According to data from the Canadian Anti-Fraud Centre (CAFC) 2021 Annual Report, investment scams and romance scams were the top two reported scams.

Author: CIRO
Topic: Consumer protection
Publisher: CIRO
Location: Canada
Format: Article, Reports/Articles
Content Type: Tools
Publication Date: July 20, 2024