Toronto Police Reveal Top Frauds

This is a Toronto news story, published by torontosun, that relates primarily to the Toronto Strategic Partnership news.

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Technology

Nearly $370 million lost to fraud in city last year: Toronto Police

Summary

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In 2024 , Toronto police received 16,743 fraud reports — an average of 45 daily — and investigated over $368.6 million in reported fraud and scam losses.

Based on dollar value, the top reported frauds in Toronto were online investment scams ( $71.2 million ); account takeovers ( $36.1 million ); confidence scams ( $34.5 million ) and cryptocurrency scams ( $32.8 million ) This year also marks the 25th anniversary of the Toronto Strategic Partnership , which brings the Toronto Police Service-Mass Marketing Section together with partners from across Canada and the United States .