The Regina Police Service would like to inform people of a recent scam that was recently reported to police.
The scam is most often initiated by a phone call from someone claiming to be an employee of the potential victim’s banking institution who calls to let them know that they think their credit card has been compromised. The scammer alleges that there were multiple unauthorized transactions on the victim’s credit card and that his identity was shared. The scammer will then attempt to recruit the victim to “help catch international criminals”. The “bank clerk” will then ask the victim to make gift card and cryptocurrency purchases and provide them with this information, sometimes costing the victim thousands of dollars. The scammer will look very official and may even pretend to transfer the victim to the financial institution’s security department.
Remember that no financial institution will ask you to make payment with gift cards or cryptocurrency. If you receive one of these calls, hang up and call your financial institution or come in person to inquire about your accounts.
If you think you have ever been a victim of this type of scan, call your financial institution immediately and report it to the Regina Police Department at 306-777-6500 or your local police department.