Vancouver, B.C., Feb. 28, 2018 - BBB's National Top 10 Scams have been a driving
force for awareness of fraudulent activity in Canada for many years. This annual,
villainous list is created with key information from BBB's Scam Tracker website,
the Canadian Anti-Fraud Centre, and critical concerns frequently brought forward
by our community partners and corporate sponsors.
Scammers bilked Canadians of over 95 million dollars in 2017 and, once again, it's
believed that only 5% of those victimized actually come forward to report losses.
Taking that into account, the actual losses quickly balloon to the range of $2 billion
"Everyone is a target now," says Danielle Primrose, President, and CEO of BBB serving
Mainland BC and representing BBBs across Canada. "Staying informed and on top of
the numerous ways scammers try and get your money is key to making sure you don't
fall victim. That's why we do this every year. Recognize it, report it, stop it."
The Top 10 Scams of 2017
- 1. Online Purchase Scams
- 2. Wire Fraud - Spearphishing
- 3. Online Dating Scams
- 4. Employment Scams
- 5. Cryptocurrency Scams
- 6. Income Tax Scam
- 7. Miracle Weight Loss Scams
- 8. Advance Fee Loans
- 9. Shady Contractor Services
- 10. Fake Invoices
For more details on the Top 10 Scams and tips to avoid them go to bbb.org/scamtips
BBB encourages businesses and consumers to practice cyber security and protect their
personal information and it starts with regularly changing your passwords. Using
strong passwords and changing them every few months keeps hackers and scammers at
bay. Use #bbbpasswordday on March 15, 2018 to show you've changed your passwords
or ask questions about cyber security.
Spot a business or offer that sounds like an illegal scheme or fraud? Tell us about
it. Help us investigate and warn others by reporting what you know. Visit us at
BBB would like to thank our thousands of Accredited Businesses and the following
sponsors and community partners for their continued support:
For more than 100 years, Better Business Bureau has been helping people find businesses
and brands they can trust. In 2017, people turned to BBB more than 365 million times
for information on local businesses, all available for free at bbb.org. Better Business
Bureaus in Canada represent 10 of 103 independent BBBs in the U.S., Canada and Mexico.
The Council of Better Business Bureaus (CBBB) is the network hub for BBBs in the
US and Canada. Like BBBs, CBBB is dedicated to fostering honest and responsive relationships
between businesses and consumers - instilling consumer confidence and advancing
a trustworthy marketplace for all.