Simcoe resident loses $1,800 to fraud

A fraudulent investment website led to a Simcoe person losing $1,800, according to Norfolk OPP.

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Police were called to a South Drive, Simcoe address on Dec. 7 to hear how a person connected with an individual they thought was working for an investment firm found on the Internet.

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After the victim conducted a first ‘investment’, they were told it had substantially increased in value and needed additional funds to get the total value back.

The scammer was then given remote access to the victim’s bank account which led to the withdrawal of further funds.

Police encourage people to recognize fraud by researching the legitimacy of investment opportunities and who is behind the offers.

“Exercise caution when confronted with investments that promise high returns with little risk,” say police. “Overly optimistic claims may signal a potential scam.”

And, they say, never share sensitive banking information.

To learn more about fraud and cybercrime prevention, contact the Canadian Anti-Fraud Center at 1-888-495-8601 or go to www.antifraudcentre-centreantifraude.ca.

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