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flag Recovery scams, doubling in Canada last year, trick victims into paying fees for supposed fund recovery.

flag Recovery scams, targeting those previously defrauded, have surged in Canada, doubling in 2023 and causing over $1.6 million in losses. flag Scammers impersonate reputable organizations, promising to recover lost funds for a fee. flag Experts advise verifying the caller’s identity using official websites and being wary of upfront fees or requests for personal information.

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