Winnipeg, Nov. 1, 2021 - MoneySmart Manitoba is proud to launch Time to Call Out Fraud, a campaign meant to raise awareness about the prevalence of investment fraud and lift the veil of secrecy that holds people back from speaking out. The initiative coincides with Financial

Literacy Month which takes place every November.

Canadians will get a rare opportunity to hear how scammers play on people’s emotions, pressuring and manipulating to defraud people out of thousands of dollars. Releasing these tapes provides actual examples to inform and educate the public of the techniques that these

individuals use.

“This is an important opportunity for Canadians to hear what fraud sounds like. It is so easy to fall victim to these scams and that needs to change,” said Ainsley Cunningham, Manager of Education and Communications with the Manitoba Financial Services Agency. “These scammers are professionals. They know just how to make people feel at ease before they put on the pressure and steal your money. Listen to these calls, learn and protect yourself.”

While many of these incidents go unreported, investigators have seen an increase in these types of cases throughout the COVID-19 pandemic with people reporting losses from $250 to $600,000. Victims range in ages, from people in their 20s to the elderly in their 80s.

People are being urged to seek second opinions when they encounter these “investment opportunities,” or call 1-855-FRAUD-MB. The Time to Call Out Fraud campaign will run for the entire month of November.

For more information:

Media Contact

media@halmyre.com