Fraud Fact Friday: Advance Fee Fraud (Loans, Grants, Inheritances)

As the number of frauds and scams continues to grow in the Nicola Valley, Merritt & Nicola Valley Crime Stoppers, and Q101 are teaming up to present Fraud Fridays, a feature designed to inform those in the community of the dangers of fraud, what they should look for, and what to do if they are a victim of fraud.

Marlene Jones, chair of the local chapter of Crime Stoppers, says that her organization is making fraud and fraud prevention a top priority in 2026, with hopes to keep the community safe from those looking to scam people out of their money and personal information.

Today’s Fraud Friday: Advance Fee Fraud (Loans, Grants, Inheritances)

These scams look like guaranteed loans or unexpected windfalls, but they require upfront fees that you’ll never get back

How They Work

• Scammers promise easy approvals or large payouts.

• They ask for processing fees or taxes upfront.

• They pressure you to act quickly.

• The offer disappears once money is sent.

Steps to Protect Yourself

• Be cautious of guaranteed approvals.

• Research lenders through official channels.

• Never pay fees before receiving funds.

• Ignore unsolicited offers.

What to Do If Targeted

• Stop sending money

• Report the fraud to police and the Canadian Anti-Fraud Centre.

• Keep all emails and receipts

Bottom Line

” If you must pay first to receive money, it’s a scam.”

The Merritt & Nicola Valley Crime Stoppers are also looking for volunteers this year to help out with local events. If you can spare just a few hours a month or would like to become more active within the organization by reaching out to Crime Stoppers via their website at www.nicolavalleycrimestoppers.com.