March Is Fraud Prevention Month

Prospera presents Fraud Friday to share tips on fraud prevention

Submitted.  Financial scams and fraud are one of the most common forms of crime in this country. As Canadians, many of us have experienced fraud and the devastating impact it can have on our personal finances, our business, not to mention our sense of dignity and overall well-being. With greater awareness, most fraud can be prevented.

March is Fraud Prevention Month across Canada and Prospera urges members and consumers who perform online financial transactions to be vigilant and protect themselves against fraud. Throughout the month, Prospera Credit Union will be presenting #FraudFriday on social media to share tips and resources for fraud prevention.

Recently, Canada’s Competition Bureau, in conjunction with the Better Business Bureau, released their Top Ten Scams of 2017. Many of these scams rely on the internet or social media and target people of all ages and backgrounds.

The Competition Bureau is one of many resources that offer useful information on how to recognize, report and prevent fraud. It is important that everyone is aware of the preventative steps they can take as well as how to report fraud when it does happen. Take the time to familiarize yourself and help others become aware of how to recognize, report and prevent fraud.

To learn more about how to protect your financial accounts from fraud, visit


About Prospera Credit Union

Building on more than 70 years as a BC credit union, Prospera is proud to serve a membership that is 63,000 strong. As a values-based financial institution, our number one priority is the financial well-being of families and businesses in our local communities and our dedicated team is here to serve all of their banking, lending, investing and insurance needs through sixteen branches; online and mobile banking and an alternative channel that includes a locally-based Contact Centre and Broker Centre. Through our affiliation with The Exchange network, members also enjoy access to thousands of surcharge free ATMs across Canada (that’s right, no ATM fees). Making life better for everyone is important at Prospera, which has an extensive community investment program devoted to supporting the organizations, events and volunteers that make our BC communities stronger. To learn more, check out Prospera’s Facebook page or visit


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