Bank of Canada issues warning about email scams

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The central bank has issued a warning to Canadians explaining that fake emails are being disseminated to the public purporting to be sent on behalf of the bank and soliciting money.

“The Bank of Canada has become aware of email scams that send unsolicited emails falsely claiming to originate from the Bank of Canada,” and official statement from the bank said. “These scams misrepresent the Bank of Canada and make use of the Bank's name and identity without authorization. The Bank of Canada has no connection to these scams.”

The latest version to make its way to the public was reported to the Bank of Canada by the Financial Post.

“The latest iteration purports to be from Stephen S. Poloz, who took over from Mark Carney as Governor of the Bank of Canada in June,” according to the Financial Post. “The email invites recipients to send a message if they want to discuss ‘a very interesting monetary transaction’ that will benefit the sender ‘greatly’.”

The bank also assured the public that under no circumstances does the bank of Canada solicit personal or financial information; nor does it accept debit transactions.

“The Bank of Canada is Canada's central bank and therefore does not accept deposits from or on behalf of individuals, nor does it collect personal or financial information from individuals.”

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