Ontario Police Comes Up with Solutions to Stop Crypto Fraud

In the ongoing Fraud Prevention Campaign, the Ontario Provincial Police (OPP) Anti-Rackets Branch and Serious Fraud Office Ontario furnished another awareness newsletter in concert with the Candian Anti-Fraud Centre.

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On March 17, the Winnipeg Police Service along with CAFC recovered around $17,00 from a fraud Bitcoin transfer associated with a crypto investment scam. And this is a lesson on why you should always file a report to the local police or CAFC in case of any scam regarding this. The campaign commenced in the month of March in order to educate the mass about the fraud and the way to protect them from these frauds. The theme of this year is quite different. it showcases how the fraudsters portray themselves as government officials and law enforcement officials.

The Canadian Anti-Fraud Centre is also going to share the advice with its website.

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How to Safeguard Yourself

  1. If you receive any suspicious message from a close one, confirm that it is the exact person,
  2. Verify that the investment companies are registered with your Provincial securities Agency.
  3. Before making any investment, check the information minutely. Research the team behind the offering.
  4. Beware of the fraudsters asking you to open and fund new crypto accounts.

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Anupama Das

An active reader and follower of news. A budding journalist tries to spread authentic news to people.

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