Best Ways to Prevent Payment Fraud

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Payment fraud has been increasing in Canada in recent times. A recent study found that it was not just senior citizens who were falling prey to these cybercriminals, but millennials too could lose their money just as quickly. Similarly, many businesses, both small and large, are losing funds due to payment fraud.

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CRA’s Tax Evasion Tip-Off Hotline Received 32000 Tips Last Year

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The Canada Revenue Agency’s snitch line has received a vast number of tips about suspected tax cheating and tax fraud cases this year. According to a report in CBC, the CRA received around 32,157 leads regarding┬ásuspected domestic tax cases in the 2017-2018 financial year. ┬áThe CRA receives a similar number of tips every year according to sources.

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