In 2024, identity fraud was one of the three most reported types of fraud in Canada, according to the Canadian Anti-fraud Centre (CAFC). To help Canadians protect themselves, we asked Carl Davies, head of fraud and identity at Equifax Canada, to explain how identity fraud works and how to prevent it.
Video: 5 questions on identity theft
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The $176,960,190 eclipses the previous record—roughly $20 million—for a fine imposed by Fintrac. That penalty was given to Peken Global...
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