Posthaste: If you thought Trump's trade war was bad, watch out for the tariff scams [Yahoo! Finance Canada]
Royal Bank Of Canada (RY)
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Source: Yahoo! Finance Canada
Data from an Interac survey out this morning shows that 58 per cent of Canadians have experienced a tariff scam in the past six months, including messages about package delays, customs fees or impersonation calls. “Scams are increasingly mirroring real life – and Canadians are seeing the impact,” said Interac in its press release. Almost 80 per cent of Canadians believe AI is enabling fraudsters to create highly convincing scams by capitalizing on breaking news and current events, making it harder to distinguish legitimate messages from fraud. “Not all scams look suspicious and that is what worries Canadians,” said Royal Bank of Canada , whose own fraud poll this month found people are struggling with more frequent and harder-to-spot scams. “Canadians feel increasingly vulnerable as they navigate a growing wave of scams designed to appear legitimate by exploiting familiarity, authority and trust.” Trump's volatile trade policy — “where urgency and unfamiliar changes already
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