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Advance Fee Schemes

The names of reputable financial services companies in Canada and the United States continue to be used for fraudulent purposes. Individuals are contacted either by telephone or through classified ads and offered loans and mortgages at very low interest rates on the condition that an advance deposit or processing fee is sent by wire transfer. Applicants do not receive the promised loan offers or funds. We also recommend reporting any incident to the Phonebusters National Call Centre (PNCC). Telephone: 1 888 495-8501 (toll-free in Canada and the USA)

OmbudService for Life & Health

Insurance

The OmbudService for Life & Health Insurance (OLHI) is a national independent complaint resolution and information service for consumers of Canadian life and health insurance products and services including: Life insurance Disability insurance Employee health benefits Travel insurance Insurance investment products such as annuities and segregated funds