How to avoid the 'Bank Investor' scam that has cost Canadians $2M

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How to avoid the 'Bank Investor' scam that has cost Canadians $2M
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This phone fraud setup is one of many that has deprived victims of millions of dollars over the past few

I always shun unknown numbers

However, for some reason I can’t fully explain, I decided to be cordial and answer one of these numbers at around 9 a.m. one Thursday, just as I was having my first sip of coffee. I think I was in a good mood and more accepting. The scammer knew the first four digits of my card, and that these purchases were out of sync with my purchasing behaviour — which was true.cancelled my credit cardBefore I hung up, the scammer asked about my online shopping behaviour and tried to find out how the supposed fraudsters could have got access to my card.Article content

This year, I had to cancel my credit card – which had the numbers printed on the front cover – after someone attempted to buy with my card. The bank blocked this attempt. Later, I received a card with the numbers printed on the back instead, a better attempt to conceal numbers from strangers.Horncastle explained some tidbits that enabled me to have the last laugh, including the hard truth of the first four digits on our cards.

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