Be on guard against fundraising fraud Apr 1st

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Be on guard against fundraising fraud

– moneysense.ca

You see on social media that someone in your network has died. There’s a link to an obituary from a funeral home that ends with a further request for donations to a charity the deceased was devoted to.

You get a heart-rending message requesting support for a family you know that’s been struck by a house fire or a life-threatening medical condition with a link to a crowdfunding site.

There’s been a natural disaster in a community you used to live in. You see posts on local-area Facebook or Reddit groups asking for a donation to support displaced residents.

The misfortune may well be real, but are you sure your contribution is going to the victims, survivors or relief agencies? Cyber criminals are becoming more and more adept at exploiting genuine tragedy to separate you from your money, using what they can find out about you to instantaneously conjure convincing pleas.

“One thing these scams all have in common is they’re preying on the humanity of the victim, the desire to help,” says Julie Kuzmic, head of consumer advocacy and compliance for consumer credit agency Equifax Canada…

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