Common Scams

[Sharon]

Just a reminder to be careful when it comes to scams.
I just lost $2000.00 to a "refund scam"

I used someone for 2 years to fix my computer when necessary. I got an email saying I've paid too much , and they want to refund some money.... common scam I've learned ; I was stupid.
Of course they needed access to my bank account , so I gave them the number.
They returned some money , so it looked legit for a day or two.

Of course the bank can't help as I gave out the number.

Here are some known scams:

https://www.bmo.com/pdf/protecting-y...65EDB1-MMBMO19

[TroutSlayer]

Just a reminder to be careful when it comes to scams.
I just lost $2000.00 to a "refund scam"

I used someone for 2 years to fix my computer when necessary. Trusted them.
I get an email saying I've paid too much and they want to refunds some money.... common scam I've learned ; I was stupid.
Of course they needed access to my bank account , so I gave them the number.
They returned some money , so it looked legit for a day or two.

Of course the bank can't help as I gave out the number.

Here are some known scams:

https://www.bmo.com/pdf/protecting-y...65EDB1-MMBMO19

This happens far too often to the elderly.

[Marker]

The bank should have mentioned you can get two factor authorization for access and transfers, in a nutshell it means any access or transfer must be approved by two different devices (ie a computer and an access code sent to a cell phone), or two different people (ie double signatory), we use it at work now for all transactions. My predecessor got scammed $500k when they took control of his computer remotely. We traced the funds back to one of the tropical islands that is a tax shelter then we lost it from there.

[Sharon]

Yes the bank did suggest that which I have done. Thanks.

[Badenoch]

Sorry to hear you were scammed. Thanks for the link. It's a good reminder to remain wary.

[Sharon]

Thank you for saying that; I needed to hear that.

[73hunter]

We’re seeing this stuff at work too. Last year a scammer intercepted on of my emails and tried to get our company’s payments routed their way. Have to be vigilant in so many ways these days.

[delmer]

Everyone is fair game for scammers. A friend of my daughter does photography, and was hired to do an event. She received a cheque in the mail a couple days before the event, and it was written for significantly more than the agreed upon price. She contacted the sender, who told her the event planner had inadvertently overpayed her, and she could keep the cheque, but they requested an e-transfer for the overpayment because they needed the money to pay another vendor. She refunded the difference, and on the day of the event arrived at an address to find she had been duped. There was never any event planned, and of course the cheque she received and deposited bounced. Another victim of the overpayment scam.

[Birdbuff]

Makes me see red when these things happen. Sorry it happened to you Sharon.

[Fisherman]

Mr bro got the call from some scammer that he owed $4K to CRA and they would "accept" $4K in gift cards, he gave them the Pierre Trudo fuddle duddle. I keep training him for his own good.