The Regina Police Service is warning the public about a phone scam making the rounds in the Queen City.
“In reported cases, fraudsters will convince the victim to call a phone number they provide, which the victim believes belongs to their bank,” the police service explained in a statement.
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“Once the victim calls, they are instructed to withdraw funds from their account and immediately send it to a third party as a means of verifying their identity and securing their funds.”
The victims are then told to wait for a courier to arrive, police said, “or are directed to Bitcoin machines to make deposits.”
The police service reminded the public to avoid sending money to anyone they don’t know, adding that banks will never ask customers to withdraw all of their money, and will actually inquire about large withdrawals for the customer’s protection.
Police, banks, governments and tech companies will never ask clients to withdraw money to resolve “trouble,” police added.
“If you’re asked to call your bank, always verify the phone number by checking the one on the back of your card or on your bank’s official website,” the police service added.
“Never share personal information during an unsolicited call and do not be afraid to say no and hang up.”
Anyone who has been a victim of a scam or believes someone is trying to defraud them was advised to contact police immediately.
March is Fraud Prevention Month, the police service noted, a time dedicated to raising awareness about the impact of fraud on both individuals and businesses.
“So far, in 2025, victims in Regina have reported losses exceeding $750,000 due to fraudulent activities,” the police service added.