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Canadian Fraud News
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Latest from Investigation Counsel

A new KPMG Canada survey says AI-enabled fraud is affecting Canadian businesses, with many organizations reporting losses linked to phishing, deepfakes, and voice-cloning scams.
Artificial intelligence-powered fraud is increasingly affecting Canadian companies, according to a new KPMG Canada survey of business leaders.
The report says 72 per cent of Canadian organizations experienced AI-driven fraud that…

Federal agencies are warning Canadians to remain alert to scams as newly released data shows reported fraud losses exceeded $704 million in 2025. As part of the 22nd annual Fraud Prevention Month campaign, the Competition Bureau, the Canadian Anti-Fraud Centre, and the RCMP are urging the public to recognize common fraud tactics, report suspicious activity,…

Toronto police are warning that scammers are increasingly using artificial intelligence to make fraud attempts more targeted and believable. Investigators say AI is helping criminals gather personal information quickly, tailor their messages, and impersonate trusted institutions with greater credibility.
Toronto police are warning that a growing number of fraud attempts are now being enhanced by…

A new Interac-commissioned survey suggests fraudsters are increasingly using breaking news and current events to make scams appear more believable. The report found many Canadians have recently encountered tariff-related fraud attempts tied to trade uncertainty between Canada and the United States.
A new survey commissioned by Interac suggests fraudsters are increasingly tailoring their schemes to…