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Coquitlam senior loses $16,000 to bank security scam

Scammers told 71-year-old new Canadian her credit card was 鈥榗ompromised鈥 and to buy gift cards
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A stack of bills seized during a search warrant in a fraud investigation. (Coquitlam RCMP photo)

A 71-year-old new Canadian from Coquitlam has been stripped of tens of thousands of dollars by bank security scammers.

According to a Coquitlam RCMP release, the victim got a call on March 1 from scammers posing as 鈥渃orporate security鈥 workers at a Canadian bank. The scammers told her that her credit card had been 鈥渃ompromised鈥 and in order to 鈥渞ecover the money,鈥 pressured her into purchasing over $16,000 in gift cards at three different stores.

鈥淥nce the numbers for those cards were shared over the phone, the money was essentially gone,鈥 Cpl. Michael McLaughlin said in the release.

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McLaughlin said Coquitlam RCMP are aware that fraudsters are targeting a small, vulnerable percentage of the population with high-pressure scare tactics, and the bank security shakedown is currently 鈥渘umber one鈥 on their list of concerning scams.

The best defence? Hang up and verify.

鈥淔or many scams, the best defence is to verify,鈥 he said. 鈥淚f it鈥檚 a legitimate call from the bank or the government, you鈥檒l be able to hang up, talk to a trusted friend, then look up the bank鈥檚 number yourself and call them back.鈥

Banks and government agencies will never request payment in gift cards, Bitcoin, or any form of online or virtual credit, he added.

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For more information on evolving scams, or to report a scam where you haven鈥檛 lost money, contact the Canadian Anti-Fraud Centre at .

If you think you鈥檝e lost money to a scam, call the local police.



karissa.gall@blackpress.ca

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