The Toronto Police Service has issued a warning to the public, specifically the Chinese community, regarding a recent wave of phone fraud scams that have been targeting residents. These scams have been particularly sophisticated, with scammers using advanced tactics to convince victims to part with their money. According to police, the scammers typically contact their victims by phone, claiming to be representatives of a bank or government agency. They then inform the victim that their account has been compromised or that they are under investigation for a crime. The scammers use high-pressure tactics to convince the victim to provide sensitive financial information or to transfer money to a fake account. In some cases, the scammers have even used fake phone numbers that appear to be from legitimate institutions, making it difficult for victims to distinguish between genuine and fraudulent calls. The police have reported that the scams have resulted in significant financial losses for the victims, with some individuals losing tens of thousands of dollars. The Chinese community has been disproportionately targeted, with many victims being elderly or new immigrants who may be more vulnerable to these types of scams. The police are urging everyone to be cautious when receiving unsolicited phone calls, especially those that request sensitive financial information. It is essential to verify the identity of the caller and to never provide personal or financial information over the phone. The police are also reminding the public that legitimate institutions will never ask for sensitive information over the phone or via email. If you suspect that you have been a victim of a phone fraud scam, it is crucial to report it to the police immediately. The Toronto Police Service is working to combat these scams and is urging the public to be vigilant. The police are also collaborating with community organizations to educate the public about these scams and to provide support to victims. In addition to the Chinese community, other communities have also been targeted by these scams, and the police are urging everyone to be aware of the risks. The police are reminding the public that it is essential to be cautious when dealing with unsolicited phone calls and to never provide sensitive information to unknown callers. The scams have been reported across the city, and the police are working to identify the perpetrators and bring them to justice. The police are also urging the public to report any suspicious activity to the authorities immediately. By working together, the police and the community can help to prevent these scams and protect vulnerable individuals. The Toronto Police Service is committed to combating these scams and to providing support to victims. The police are urging everyone to be vigilant and to report any suspicious activity to the authorities. The public can also help to prevent these scams by being cautious when dealing with unsolicited phone calls and by never providing sensitive information to unknown callers. The police are reminding the public that it is essential to verify the identity of the caller and to never provide personal or financial information over the phone. The Toronto Police Service is working to educate the public about these scams and to provide support to victims. The police are collaborating with community organizations to provide education and support to the public. The public can also report any suspicious activity to the authorities by calling the Toronto Police Service’s non-emergency number. The police are urging everyone to be aware of the risks and to take steps to protect themselves from these scams.