Thursday, March 21, 2013

#Fraudchat Covers Life Insurance Fraud

Toronto Police Service
News Release

Thursday, March 21, 2013, 9.p.m. to 10 p.m. EST, #Fraudchat Covers Life Insurance Fraud

Thursday, March 21, 2013 - 10:30 AM
Financial Crimes Unit:  416-808-7300

Since November 2012, the Financial Crimes Unit has partnered with the Financial Service Commission of Ontario to educate the public about financial crimes and fraud through the use of social media.

Every Thursday evening, from 9 p.m. to 10 p.m. EST, these two agencies host a one hour forum on Twitter called "#Fraudchat". This program seeks to educate and exchange ideas with the public about financial crimes and fraud. The moderators for this program are Kristen Rose, Senior Communications Officer of the Financial Services Commission of Ontario, and Detective Sergeant Cameron Field of the Financial Crimes Unit.

Tonight's program will cover life insurance scam frauds and how to detect and avoid this costly crime. Life insurance fraud costs everyone who pays premiums for coverage. Consumers that purchase fraudulent life insurance products are particularly vulnerable.

To follow this program please log on to Twitter and follow #Fraudchat. Other applications like "Tweet Chat" are also helpful in following and contributing to the program. Join us and learn how to avoid this crime and bring your questions to our experts.

For Fraud Prevention Month 2013 (March) #Fraudchat will cover the following topics:

  • March 21 - Life insurance fraud
  • March 28 - Staged motor vehicle accident frauds
Please join us on #Fraudchat and learn about frauds and scams that target us in our community.

For more information on this program and the Fraud Prevention Month strategy of the Toronto Police Service please contact Detective Sergeant Cameron Field at 416-808-7300.

Constable Victor Kwong, Corporate Communications, for Detective Sergeant Cameron Field, Financial Crimes Unit

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