Top frauds of 2022 by the numbers

Top 10 frauds based on number of reports in 2022:

The Canadian Anti-Fraud Centre has released a new bulletin.
The numbers of fraud in the year 2022 were staggering. There were over 90,000
reported cases of fraud valuing over half a billion dollars of losses. The
bulletin talks about the top 10 frauds reported in 2022.


The top three reported frauds include:

1. Identity Fraud
        a. Over 19,000 victims
2. Phishing
       a. Over 2,000 victims
3. Extortion
       a. Over 2,000 victims

The three most costly Frauds reported in 2022 include
1. Investment Fraud
2. Romance Scams
3. Spear Phishing
      a. Spear-phishing is a type of phishing attack that targets specific individuals or organizations typically through malicious emails. The goal of spear phishing is to steal sensitive information such as login credentials or infect the target’s device with malware.

The Canadian Anti Fraud Centre has many tips to protect yourself. Ensure you click the link to find the full list of tips. One of the best tips is to listen to your instinct if it sounds too good to be true. Also, make sure you educate yourself and help educate other people.


Anyone who suspects they have been the victim of cybercrime or fraud should report it to their local police and to the Canadian Anti-Fraud Centre’s online reporting system or by phone at 1-888-495-8501. If not a victim, report it to the CAFC anyway.

Top 10 frauds based on number of reports in 2022:

Recent Posts

Suggested Lessons

Timeshare Scam

Timeshare scammers call an individual and offer to sell the individual’s timeshare (if they have one). Timeshare fraudsters often promise that sale of the timeshare

Learn More »

Bank Investigator Scam

Bank investigator scams are when a fraudster poses as a representative from a financial institution or law enforcement agency and claims that there has been

Learn More »

Sign up for our Newsletter

Subscribe to our email newsletter to stay up to date on the latest news and information for Senior Fraud Alert.

Sign up for Senior fraud alert emails

Senior Fraud Alert will never share your information with third-parties and you can unsubscribe at any time.