Common scams

How the most common scams work, the warning signs and what to do.

Stop everything if…

  • You're asked to buy or transfer crypto on someone else's behalf, using your own money.
  • Someone promises guaranteed, risk-free or unusually high returns.
  • You're given a deadline: “you must act today”, “your account will be frozen”.
  • A supposed broker, advisor or employer asks you to open an account on a Canadian platform and send crypto somewhere else.
  • A “recovery service”, “investigator” or “lawyer” contacts you to get your money back.
  • You're offered a job over WhatsApp, Telegram or text, with no real interview.
  • A stranger messages you on Facebook, Instagram or WhatsApp, or sends a “wrong number” text.
  • You're told to pay “fees”, “taxes” or a “deposit” to withdraw your gains.
  • You're asked to install AnyDesk or TeamViewer, or to share your screen.
  • Your “bank” or the “police” asks you to move your money to “protect” it.

Articles

Investment · 2 min read

Fake crypto investment platform

Investment · 2 min read

Fake broker or financial advisor

Impersonation · 2 min read

Fake platform support

Impersonation · 2 min read

Fake bank or police investigator

Relationships · 2 min read

Romance scam

Jobs · 2 min read

Fake jobs and paid tasks

Phishing · 2 min read

Phishing

Recovery · 2 min read

Recovery scams

Crypto · 2 min read

Bitcoin ATM scams

Crypto · 2 min read

Seed phrase scams