Telemarketing Scams: Old News or Still Persuasive?

Competition Bureau Canada

Telemarketing scams have been around for ages, and fraudsters are now making them harder to spot. Picture this: a trusted company calls offering a better plan. It sounds like a great deal, so you accept.

Be on the lookout: fraudsters can pretend to be from any well-known company and offer convincing deals to trick you into giving away personal information. Their goal is to steal your identity, your money, or better yet, both. This impersonation is very convincing, and even those who are scam savvy can fall for it.

Fraudsters use professional-sounding scripts and can fake a company's phone number by using advanced technology. They may pressure you to act quickly, hoping you'll give in based on the fear of missing a "special offer".

Watch for warning signs:

  • High-pressure sales tactics influencing you to act fast.
  • Deals that sound too good to be true.
  • Calls from unknown or suspicious numbers.
  • Requests for personal information, such as account details, passwords, or PINs.

Protect yourself:

If you believe you've come across deceptive telemarketing scams, report it to the Competition Bureau or to the Canadian Anti-Fraud Centre.

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