Chamber of Commerce AGM

February 27th the Chamber of Commerce held their AGM. They have a Board Directors but no Executive was elected. Approximately 55 people were in attendance.

A guest speaker from the RCMP, whose name I didn't catch, spoke about Frauds and Scams. My notes of his talk follow.

President Tolanda Baker at the Chamber of Commerce AGM. Feb 27, 2015

Frauds/Scams

• Counterfeit note to internet misrepresentation, identity theft
• Fraud: deceit or falsehood
• Identity Fraud: unauthorized use, possession or tracking of personal information
• Unauthorized use of information to create fictitious identity
• To assume identiy for gain
• 2013-$11m lost by identity theft
• Actual estimated to be $220m
• 12 months to notice identity theft
• Identity theft is fastest growing fraud
• Identity needs: name, date of birth, SIN, driver's license, birth certificate, Passport
• There are 4 million more SINs active then people
• Use ID theft for banking, loans,
• Target group is 18 - 30
• Scam complexity and jurisdictional issues hampers law enforcement response
• Tell: need money quickly
• Prevent scam and fraud use only ID and credit cards that are needed
• If asked by phone for personal information ask how personal info will be used