Scams are on the rise in Canada

Canadians reported over $700-million lost to scams in 2025, up from $645-million the year before; that figure is recognized to be a massive undercount because most scams go unreported. Scams are only getting more sophisticated and convincing. Today, we’re talking about the most common types of scams: investment, authority and romance.

Alexandra Posadzki is The Globe’s financial crime and cybercrime reporter. She’ll walk us through the main scams Canadians face, and why they’re so hard to stop. We also speak with a man who lost thousands of dollars to a scam himself.

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