Protect your business from fraud

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Despite the fact that about 20% of small businesses were victims of fraud over the past year, 44% did not report it to the authorities. Why? 

  • Concern about wasting additional time and resources trying to recover losses
  • A lack of awareness as to where to report the fraud
  • A feeling that police can’t help

Reporting fraud is important in order to measure its impact. Read CFIB's full report: Fraud—a big threat to small business.


Phone scams

Fraud Prevention: Take Action!

  • Call a CFIB Business Counsellor at 1-888-234-2232 if you suspect a scam or fraud in your business and would like guidance and support

  • Email us at cfib@cfib.ca to ask a question or share your opinion

  • Follow us on twitter #BeFraudFree for information on fraud prevention

Want to know more?

CFIB’s Business Counsellors hear plenty of stories from business owners about fraud attempts. Ever heard the one about the mystery shopper scam? You’ll be well-prepared to spot it once you read this blog.

For more accounts of fraud in a small business context, check out the following blogs:

When good employees go bad: internal fraud

Fighting gift card fraud

What to do when you don’t have time to investigate employee theft

Protecting your business from a bad contract

Let’s hope your password didn’t make THIS list

Protecting online retailers from card-not-present fraud

When philanthropy goes wrong: fraudulent charities

Tax-related fraud: How to tell if it’s really the Canada Revenue Agency (CRA) calling

Four easy (and free) tips to help fraud-proof your business

Contact CFIB

CFIB's Business Counsellors are available to answer your questions. Contact us at cfib@cfib.ca or by calling 1-888-234-2232.

Not a member of CFIB yet? JOIN CFIB today for more help and information.

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