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Fraud prevention month: Top scams & how to protect yourself

March 2025

Finance Friday

It’s Fraud Prevention Month, and on this episode of Finance Friday, Mark Perkins, FirstOntario Credit Union’s Chief Operating Officer, joins us to discuss the latest scams you need to be aware of. Mark breaks down how these scams work and what you can do to protect yourself, from romance scams to job-related schemes. He also emphasizes the importance of reporting fraud and provides resources to help you stay informed.

Key takeaways:

1. The rise of sophisticated scams using AI and technology

2. Common scams: Grandparent scams, romance scams, job/employment scams, and CRA scams

3. How to identify and avoid these scams

4. Why it’s crucial to report fraud

5. Where to get help and report suspicious activity

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Strong financial literacy is key to making informed decisions about money.

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