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Date: Fri, 22 Mar 2024 06:46:55 -0600
Many others don't report the crime
https://www.cbc.ca/news/canada/edmonton/alberta-fraud-money-victims-1.71467=
51
Albertans have reported losing more than $156 million to fraudsters since
the start of this decade, with tens of millions more being taken each year.
But there hasn't been a coinciding rise in victims -- in part, experts say,
because people are reluctant to come forward.
In 2023, roughly 2,900 Albertans lost more than $62.5 million to various fraud schemes -- up more than fivefold from the $11.3 million taken = from about 2,600 people in 2020, data shows.
More than half the reported losses in the province last year were from investment scams, particularly cryptocurrency frauds. Spear-phishing -- when scammers pretend to be legitimate sources to con businesses and people into sending money -- was the second-most lucrative type of fraud, taking= more than $8.5 million from 72 people.