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“You will receive an unexpected phone call from someone claiming to be a relative. They tell you they are in a crisis and need your help. They need your money,” Insp. Paul Rinkoff says in a video published by the Toronto Police Service.
What happens after vigilance fails and scammers capitalize in on a senior’s good nature? This is how Canadian banks are responding to the 'grandparent scam.'
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
TD Canada Trust is now using a bank form that could raise red flags and help deter fraud against seniors.
MV Oil Trust's second-quarter distribution was $0.70 per unit with a 26% yield, but the trust has an expiration date. Read more to see whether the high yield is worth the risk.