Fraud Alert: Small and medium sized retailers to be watchful of their social media accounts

Recent reporting to the Canadian Anti-Fraud Centre (CAFC) has identified that business social media accounts are increasingly being spoofed by fraudsters. With cloned or imposter accounts, fraudsters can target clients and employees with fraudulent messages and offers.

With the ongoing pandemic, small and medium sized retailers increasingly rely on social media to drive consumer engagement and stay connected. Stay alert to this potential fraudulent activity. For more information, visit the Canadian Anti-Fraud Centre website.