A few days ago, RateHub sent Bank Guru a tweet that directed our attention to a very interesting story on the financial post. As you can see below, it looks like an RBC investment advisory moved his clients money into a bank account that belonged to him. What was the story? According to Toronto police,

Among the various scams that people are on the alert for, it looks like postal scams are on the rise. I came across an interesting article on Credit Cards Canada, which revealed that people are being scammed through the process of having to send their information to have their personal effects posted to them. How

March is fraud prevention month, and having said that it is only right that we go through a few tips to help prevent fraud and educate consumers on fraud related issues. As part of National Fraud Prevention Month, I am happy to offer a few pieces of advice and tips on how you can protect

Canadians all across the country are increasing their efforts to fight fraud. According to the TD Canada Trust Fraud Prevention Month Poll, Canadians are taking proactive measures to protect themselves from fraud. For those who may not be protecting themselves well enough, it is never to late to start; taking the necessary steps to protect

Recently I have been getting quite a bit of email concerning online banking fraud. Among the most recent, and in my opinion somewhat believable is an email from RBC, which states that my online banking has been blocked. The email states that in a recent review of my account, they suspect that my RBC online

The security at banks have definitely improved from the past, especially when it concerns debit cards. In the past we have seen that when fraud comes up with a person’s debit card, unless the cardholder contacts their respective bank, the card would be active, allowing the fraudster to use it as he/she pleases. A friend

A friend of mine recently told me an interesting story, which involved a method of fraud people use to acquire a person’s financial information, particularly credit card information. I have heard of several methods a person might use to commit fraud, and acquire another person’s financial information, one of which is skimming. Skimming involves a