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OPP seeing more fraud complaints; victims lose combined $500K

Police say the victims have told them the problems began with a Facebook ad
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NEWS RELEASE
ONTARIO PROVINCIAL POLICE
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The Ontario Provincial Police (OPP) are reminding the public to be aware of online scams.

A number of fraud complaints have come in recently, leaving people without their hard earned funds. An estimated combined loss exceeding $500,000 has been reported.

The Nottawasaga OPP Major Crime Unit have spoken to complainants that say it all started with the click of an ad on Facebook. Many of these scams involve crypto-assets.

Crypto Investments - Fraudsters are using social media and fraudulent websites to scam people.

Prior to investing, ask for information on the investment. Research the team behind the offering and analyze the feasibility of the project. Verify if the company is registered by using the National Registration Tool.

Things to be mindful of:

  • Be aware of where you are investing your hard earned money.
  • Do your research
  • If you don't understand something, ask questions
  • If it seems too good to be true, it probably is

Police are encouraging the public to learn about internet safety by visiting some useful websites:

Anyone who suspects they have been the victim of cybercrime or fraud should report it to their local police and to the Canadian Anti-Fraud Centre's online reporting system or by phone at 1-888-495-8501

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