While fraud is up significantly in Canada, total court decisions for fraud cases have trended downward since 2009
A new analysis from Statistics Canada shows fraud is on the rise in Canada but few Canadians who fall victim to the crime are reporting it to police.
Yet, “few people who reported being victims of fraud in the five years preceding the GSS reported it to the police,” stated the analysis called “Self-reported fraud in Canada, 2019.” As of 2019, fraud represented 12 per cent of the Crime Severity Index, which is used to measure crime across Canadian communities. Ten years earlier, in 2009, fraud represented just 6.5 per cent of the index, according to Statistics Canada.
Limited to what is reported to it, in 2020, the centre "observed approximately $165 million in reported victim losses" whereas in 2021, reported losses increased to $379 million.
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