Story perspectives
Canadian Couple Loses $1M to Online Scammers Amid Fraud Surge
10/30/2025
50 5
1 of 1
Story summary
- A Canadian couple from Brantford lost more than $1 million CAD to online scammers after a pop-up claimed their financial information was compromised, despite bank warnings.
- Over five months, they transferred $900,000 CAD in gold and $110,990 CAD in Bitcoin to the scammers.
- Bank fraud in Canada has surged 300% since 2020, with over $638 million CAD stolen last year.
