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In early 2020, the Municipality of WestLake-Gladstone became the victim of a sophisticated cyberattack — one that involved a fake company tricking over a dozen students and new Canadians into acting as intermediaries to bilk the municipality out of more than $470,000.
According to a new campaign running from June 6 to 10 launched by the Ontario Provincial Police (OPP), the Canadian Anti-Fraud Centre (CAFC) and the Royal Canadian Mounted Police (RCMP), scamming the public into money laundering is on the rise.
Share this article Share this article OTTAWA, ON, July 14, 2021 /CNW/ - On July 6, the Canadian Anti-Fraud Centre (CAFC) shared a notification about a possible Business Email Compromise (BEC) scam with the United States Secret Service (USSS) Ottawa Field Office that resulted in saving a U.S. based company from losing almost $750,000 (U.S.) and a number of jobs. In order to respect the privacy of the victim, we will not be sharing the name of the company at this time. This success was made possible because a Canadian company reported the scam to CAFC in June. The CAFC notified partners, includ...