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Spring 2018 will bring in some changes with how auto insurance fraud cases are handled, starting with the slated opening of a dedicated Serious Fraud Office. The new government office will focus on protecting accident victims and cracking down on auto insurance fraud offenders.

Ontario is looking into ways to push for changes in the auto insurance industry to help try to combat fraud and eventually reduce premiums. This is in view of the reported cost of auto insurance fraud totaling to an estimated $1.6 billion a year as shared by Finance Minister Charles Sousa. He said it is now time to put a stop to the fraud, a move that may create new challenges for real crash victims.

Investigators are warning Mandarin speakers in the GTA that they?re being targeted for a scam by fraudsters pretending to be Chinese authorities. The scammers typically accuse their victims of money laundering, as shared by the police.

Police are sounding the alarm due to the increase of cases of Bitcoin fraud lately, more so that recovering any money or tracking it down is nearly impossible because cash becomes untraceable when it is converted into the cryptocurrency.