March – Fraud Prevention Month
Did you know March is Fraud Prevention Month? Each year, this month focuses on promoting awareness and education on Fraud prevention. Unfortunately, fraud targeting businesses can be just as creative and convincing as those targeting consumers. The Canadian Anti-Fraud Centre has reported the unprecedented levels of fraud over the past three years, with Canadians reporting a staggering $554 million lost in 2023. This means it’s more important than ever to educate yourself. At Xpera, we’ve prepared a collection of resources to help build your knowledge of the tools available to protect your business.
Impact of Counterfeit Products on Property & Casualty Claims
Should Adjusters Be Thinking About Liability Exposure?
Can you calculate liability exposure of a motor vehicle accident if some parts of the car are counterfeit product (the windshield, perhaps, or the steering wheel)? What about questionable cords/power bars, plumbing materials or household appliances? Even that CSA or UL sticker may not be what it seems. Counterfeiters are getting increasingly sophisticated, and there are more of them than ever before. How can you increase your awareness?
Learn the ways in which specialists spot, determine, and avoid this type of fraud. Discover what kinds of counterfeit goods have been found in Canada, and how often they are detected.
Xpera’s Nino Calabrese and Jason Dumbreck, and lawyer Lorne Lipkus of Kestenberg Siegal Lipkus LLP, share their thoughts, experiences, and expertise.