Over the past month, police in Regina have seen a rise in fraud cases, specifically a tuition scam targeting university students.
According to the Regina Police Service, the scammer fraudulently promises discounted tuition fees.
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“Scammers pose as intermediaries claiming they can offer reduced tuition rates in exchange for an upfront payment,” the police service explained in a statement.
“The scammer receives the tuition money, then ‘pays’ the educational institution using fraudulent credit cards.”
The victims walk away thinking their tuition has been paid, police said, until they get a notice from the institution saying there’s been an issue with the payment.
“To date, this fraud has affected 23 victims and the financial loss exceeds $125,000,” the police service said.
In order to avoid falling victim to such a scam, the police service advised residents to protect their personal information and never provide passwords or login information to anyone.
It’s also important to remember that if a deal sounds too good to be true, it likely is.
“No one is going to pay your bills for the full amount and provide you a discount,” the police service said.
“If someone is offering you something on behalf of another company/educational institute, go to the source. Ask that institution/company if they have a relationship/agreement with that intermediary.”
Anyone who has been a victim of a scam should be cautious of “recovery” schemes, which may be another scammer connected to the original perpetrator, promising to recover lost funds in exchange for a fee.
“If you believe you are a victim or suspect someone is trying to defraud you, contact police immediately at 306-777-6500,” the police service said.