March is Fraud Prevention Month – Alert from the Competition Bureau
March 16, 2021
In the last year alone, scam artists have taken advantage of Canadians businesses to the tune of $24.5 million. However, it is estimated that only 5% of fraud is reported so the impact is likely much greater.
As Canadian business owners face unprecedented challenges, fraudsters see the current global health crisis as an opportunity to line their own pockets. And, true to form, scams targeted at businesses are just as creative and convincing as frauds aimed at consumers. With so many employees working remotely right now, it’s easier than ever for unsavoury characters to bilk your business.
To learn about common scams to watch out for to help prevent your business from falling victim to fraud, click here.
RCC is also hosting the Loss Prevention Forum on April 8, 2021, a half day virtual event developed to address the specific loss prevention needs for retailers.
