Fraud Update: Competition Bureau Tips For Consumers Against Fraud

March is Fraud Prevention Month.  On March 5, 2012, the Competition Bureau issued the following tips for consumers to protect themselves against fraud:

Be vigilant when evaluating ads, whether for a job, a product or service offered online, over the phone or in print.

Before sending money or giving credit card or account details, be sure you understand what you are agreeing to. Do not feel pressured into paying for a product or service because of threats that your credit rating will be damaged.

Know who you are dealing with. Be wary of any unsolicited phone calls, emails, text messages or letters from unknown sources.

Search for the company, the individuals, the product or the offer on the Internet, and verify any contact and company details.

Read the fine print to understand what you are agreeing to, particularly in emails or online messages.

Remember that trustworthy businesses will rarely contact you by email, phone or text message to ask for personal details, banking or financial information.

Keep in mind that wiring money is like sending cash—you have no protection against loss.

Beware of offers that promise “too much”!

For more see:

Competition Bureau’s Tips to Protect Against Fraud

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I am a Toronto competition/antitrust lawyer and advertising/marketing lawyer who helps clients in Toronto, Canada and the US practically navigate Canada’s advertising and marketing laws and offers Canadian advertising/marketing law services in relation to print, online, new media, social media and e-mail marketing.

My Canadian advertising/marketing law services include advice in relation to: anti-spam legislation (CASL); Competition Bureau complaints; the general misleading advertising provisions of the federal Competition Act; Internet, new media and social media advertising and marketing; promotional contests (sweepstakes); and sales and promotions. I also provide advice relating to specific types of advertising issues, including performance claims, testimonials, disclaimers, drip pricing, astroturfing and native advertising.

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