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Competition Bureau Launches Fraud Prevention Month With Fraud Prevention Forum Partners

Feb 28 2013 12:00AM

Marketwire

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OTTAWA, ONTARIO -- (Marketwire) -- 02/28/13 -- March is Fraud Prevention Month, and the Competition Bureau announced today that it will be participating in a variety of initiatives aimed at helping Canadians to protect themselves when faced with fraud. This year's Fraud Prevention Month theme is consumer empowerment, and the Bureau is encouraging Canadians to become informed and proactive in the fight against fraud.

"Consumers must be able to participate in today's economy with confidence," said Interim Commissioner of Competition John Pecman. "Consumers and businesses have an important role to play in stopping fraud, by arming themselves with the facts and reporting fraud when they encounter it."

The Competition Bureau is chair of the Fraud Prevention Forum, which includes more than 125 private sector firms, consumer and volunteer groups, government agencies and law enforcement organizations that have banded together to help combat fraud and raise awareness. During Fraud Prevention Month, Forum members will participate in a number of activities across the country designed to raise awareness among consumers and businesses about the dangers of fraud.

"Fraud costs Canadian businesses and consumers," said Deputy Commissioner of Competition Lisa Campbell. "The Bureau works with domestic and international law enforcement partners to combat fraud. You can do your part by taking steps to protect yourself, by learning how to recognize it, and by reporting it to the authorities."

Acting Assistant Deputy Commissioner Mark Stainsby represented the Competition Bureau at an event to launch Fraud Prevention Month today at Toronto Police Service Headquarters, along with other Fraud Prevention Forum partners.

One of the tools the Bureau has developed for educating consumers and businesses about fraud, and how to report it, is the Canadian Edition of the Little Black Book of Scams. Available on the Bureau's website, improvements are being made this year to improve the book's accessibility.

Also, the Competition Bureau will be announcing its Top 2 '2 Good 2 B True' Scams, as part of the first '2 Good 2 B True Day', on Tuesday, March 12. On this day, social media users will be encouraged to talk about scams using "#2Good2BTrue", in addition to "#FPM2013".

Fraud comes in a variety of sizes and forms, such as imitating a well-known brand in an e-mail message, making false representations via telemarketing, identity theft, counterfeiting and more. Additionally, fraudsters are creative, and are constantly scheming to concoct new tactics.

To report instances of fraud, Canadian consumers and businesses can contact the Canadian Anti-Fraud Centre through its website at www.antifraudcentre.ca, or by calling 1-888-495-8501. To report cases of unacceptable business practices, such as misleading representations and deceptive marketing, the Competition Bureau can be reached online via www.competitionbureau.gc.ca, or by calling 1-800-348-5358. Canadians may also contact their local police forces.

The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.

FRAUD: Recognize It. Report It. Stop It.



Contacts:
For media enquiries, please contact:
Media Relations
819-994-5945
media@cb-bc.gc.ca

For general enquiries, please contact:
Information Centre, Competition Bureau
819-997-4282 or Toll free: 1-800-348-5358
TTY (hearing impaired): 1-800-642-3844
www.competitionbureau.gc.ca





Source: Marketwire


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