The Financial and Consumer Affairs Authority of Saskatchewan wants to educate seniors on how to protect themselves from financial scams and frauds.  Securities Director Dean Murrison warns financial abuse affects many seniors in Canada but they can protect their money by understanding the warning signs of financial fraud and by being cautious when speaking to people on the phone they don’t know. 

Preventative tips include if you receive prize offers without engaging or enrolling with the business offering the prize do not reply to them, if someone emails, texts or calls asking for personal or banking information do not provide the information, if a stranger sends you a cheque do not accept it as it may bounce after you deposit it and if you receive an email with an attachment from people you do not know don’t open or download the attachments.

For more information go to their website www.fcaa.gov.sk.ca.