BC Business Magazine

Top five scams by dollars lost nationwide

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1. Romance rip-offs 2. Loan scams 3. Wire fraud (on average, a $100,000-perinciden­t loss) 4. Investment fraud 5. Extortion Source: Guy Paul Larocque, Canadian Anti-fraud Centre. Both the number of complaints and the losses incurred are likely underrepor­ted, especially for scams involving reputation extortion

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