Savvy Seniors speaks to forensic investigator Dave Oswald on common frauds affecting seniors.

As we celebrate Seniors Month, it is essential to shed light on the alarming increase in scams targeting older Ontarians. The Canadian Anti-Fraud Centre (CAFC) reported a staggering $531 million in fraud cases in 2022, with approximately 26 percent of these funds stolen from seniors. These numbers, however, only represent a fraction of the actual fraud occurrences, as the CAFC estimates that less than 10 percent of victims come forward to report these crimes.

In an effort to raise awareness and protect our senior population, we will highlight the top fraud schemes that targeted seniors in 2022.

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