RCMP remind people to be cautious following successful phone scam

Vernon North Okanagan RCMP are reminding the public, particularly seniors, of an investment scam that resulted in an area resident losing thousands of dollars.

Mounties say the latest report received was of a Coldstream resident in her 80’s who was contacted over the phone and offered an investment opportunity.

The fraudster went as far as arranging an in-person meeting to pick up the payment, and the victim, believing this to be a legitimate investment opportunity, withdrew several thousand dollars from the bank and turned it over to the scammer.

The family stepped in after discovering the transaction had taken place and contacted the police to report the incident.

READ MORE: Others warned to be aware after Vernon seniors fall victim to scam

“This type of fraud is not new, but the fact that someone would go to this extent, to show up at an elderly person’s doorstep, is incredibly concerning,” said Constable Chris Terleski, media relations officer for the Vernon North Okanagan RCMP.

“Unfortunately, many frauds and scams are targeted at senior citizens who may be more vulnerable as they may be lonely, willing to listen, and more trusting than younger people. Talk to your elderly family members and help make them aware of common scams and what to look out for. By helping them to recognize the warning signs, they are more likely to reach out for more information and in a better position to protect themselves from becoming a victim.”

The RCMP say people can protect seniors and loved ones from being scammed by:

• Refusing to engage with anyone who calls or comes to the door selling anything or looking for donations;
• Never giving out credit card, banking or other personal information over the phone;
• Being wary of opportunities that seem ‘too good to be true’;
• Reminding them that government officials will never ask for payment over the phone;
• Discussing any investment or financial opportunities with trusted family members before committing any money.

The public is reminded to report any fraud or suspected fraud to the Canadian Anti-Fraud Centre.

Any money and personal or financial information lost to a scam should also be reported to the Anti-Fraud Centre and to the local police.