It may be April Fools' Day, but there's nothing funny about being scammed. With Fraud Prevention Month 2016 behind us, the Competition Bureau and its Fraud Prevention Forum partners would like to remind Canadians that it is always important to Recognize, Reject and Report fraud.
Showa Corporation (Showa), a Japanese manufacturer and supplier of automobile components, has pleaded guilty to one count of bid‑rigging for participating in an international conspiracy and was fined $13 million by the Ontario Superior Court of Justice
Using a touch of humour to deliver a serious message, the Competition Bureau and the Ontario Securities Commission (OSC) have created a new video that aims to help Canadians recognize fraudulent investment schemes and keep their hard‑earned money out of the hand of scammers.
To address competition concerns in respect of the supply of records management services in Canada, the Competition Bureau has reached a consent agreement with Iron Mountain Incorporated relating to its proposed acquisition of Recall Holdings.
As Canadians welcome thousands of new immigrants and refugees, the scammers are out looking to take advantage of these newcomers. They place harassing phone calls or send threatening spam, pose as government officials and police officers, and demand money in order to avoid deportation or arrest, or to access fake programs.
The Competition Bureau reminds consumers of some simple tips to avoid being scammed, whether it is on the Internet, over the phone, by mail or in person.
The Competition Bureau and Parkland Ltd. have reached a consent agreement to resolve litigation related to Parkland's acquisition of Pioneer Energy. The agreement will ensure that consumers in certain Ontario and Manitoba markets benefit from competition at the pumps.
Consumers should be extremely wary of companies that charge for information on government grants and loans, or guarantee that government funds can be obtained easily with their help.
The Competition Bureau reminds businesses of some simple tips to avoid being scammed, whether it is on the Internet, over the phone, by mail or in person.