Today I want to bring some awareness to a scam that drives me a bit crazy. Over the past year or so Canadian taxpayers have been receiving phone calls and emails from someone claiming to be Canada Revenue Agency(CRA). The caller claims that the taxpayer owes taxes and if they do not pay right now the cops are coming over to arrest them or seize their assets. The emails usually say you have a refund and you need to enter your banking information in order for them to send it to you. These are 100% a scam and it is shocking how many people are getting these calls.
Normally when I hear about a scam I don't pay much attention to it, but this one has me fired up since I deal with CRA every day and know they do not treat people like this. In my opinion, people are so easily duped by these people because the thought of owing tax or being in debt to CRA can be scary. Taxes are a subject that a lot of people don't fully understand and therefore they also do not know how CRA operates. Therefore when they are threatened with police or seizure of their assets by a government agency some people will believe it. Yes, CRA collects our taxes (even though we don't want to pay them) but they are not jerks. If you owe taxes they will always send you a formal letter explaining why and how to pay it.
So what do you watch out for?
We all need to be aware of Identity Theft so please view my 1-minute video on tips to protect yourself and your family.