Fraud Prevention Tips

Fraud Prevention Tips Bingo Card
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This bingo card has a free space and 39 words: 1 Be sure to talk over all financial decisions with a trusted family member, friend, or financial advisor, 9 Since seniors own more than half of all the financial assets in Canada, they are the primary targets for fraudulent practices, 17 Don't give out your credit card numbers to any strangers, 24 Very few people will get their money back from scam artists, 32 Avoid odd payment types such as gift cards or wire transfers, 2 Make sure you understand an investment before you invest your money, 10 Words like "guarantee," "high return," "limited offer," or "as safe as a CD" are red flags, 18 Protect your Social Insurance Number. Give it out only if absolutely necessary or ask to use another identifier, 25 Senior citizens are less likely to report losing money to fraud, 33 Be suspicious of fake caller ids, 3 Before hiring someone or agreeing to have work done on your home, ask for proof of identity and references and check them, 11 One thing that predispose people of being susceptible to a scam include being unable to hang up on a telemarketer, 26 Credit card fraud is the most common identity theft type for ages 60 and over, 34 If something seems strange or too good to be true, it’s okay to ask someone you trust for a second opinion, 4 When someone fraudulently used your personal information to their own purposes, that is identity theft, 12 Don't assume that people online are who they claim they are, 19 Review all offers in writing, 27 Gift cards have become the payment method of choice for scammers, 35 Check your credit score on a regular basis, 5 Take your time to make decisions, 13 Shred financial documents and paperwork with personal information before you discard them, 20 Don't sign up for any contests, sweepstakes, or "free" offers for anything, 28 For elderly widows, if a caller asks for the man of the house, be sure not to say that there isn’t one or indicate that you live alone, 36 Limit what people can see on your social media, 6 Pressure to trade in a manner that is inconsistent with your investment goals and the risk you want or can afford to take is a red flag, 14 Cashing a cheque which you believe is free money instead can bind you into a contract, 21 There is no legitimate reason for someone who is giving you money to ask you to wire back money, 29 Don’t forget the power to simply hang up the phone when a stranger calls trying to sell you something you don’t want, 37 Only accept friend requests from people you know on social media, 7 Don't be intimidated by an e-mail or caller who suggests dire consequences if you don't immediately provide or verify financial information, 15 Often crooks claim to be in other countries, 22 Never click on the link provided in an e-mail if you don't recognize the sender. It may contain a virus that can contaminate your computer, 30 Report lost or stolen cards and identity documents immediately, 38 Check your monthly bank and credit card statements and report any discrepancies or unfamiliar transactions right away, 8 Get a person's phone number and call them back if you are unsure of their legitimacy, 16 Be aware of being kept on the phone for a long time, 23 Scams resulting in a loss by elder victims are estimated $2.9 billion annually, 31 If you have information about a scam report it to the Canadian Anti-Fraud Centre and 39 Create unique and strong passwords.

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