Little Frauds, Big Frauds, Cost and Risk
Filed under: Consumer Complaints, Fraud, Identity Theft, Insurance
Have you ever bought a stolen car? Are you sure? If you leave your car or truck running unattended and it gets stolen, in addition to the insurance costs and headache, did you know that vehicle could end up financing terrorism?It sounds extreme, but I kid you not, vehicles from North America have been used in car bombings, and export of stolen cars has become big business with whole shipping containers full of luxury vehicles with Ontario license plates turning up in places like Ghana and Lebanon.
And those are just the big, blatant cases that are making your insurance premiums soar. Back to that cheap car you found on Kijiji or Craigslist – how do you know for sure it isn't stolen?
Related:
Top 10 Stolen Cars in Canada
Why People Commit Fraud
Stories From the Insurance Fraud Capital of Canada
If you live and drive a car in Ontario, you've no doubt noticed your insurance premiums on the rise year after year. If you live in Toronto in particular, you've probably heard about or experienced that phenomenon in an almost accelerated way. (Our premiums dropped by more than half when we moved out of the city.)
There are a lot of people out there who have an interest in facts, figures and trend information about poverty in Canada. Even taken in aggregate though, the topic is so political, say Statistics Canada researchers, that they don't define what it is to be poor, nor do they estimate the number of poor families or individuals in Canada.
Did you notice that when you buy a book, any book, at any bookseller, it carries two prices? One price for customers in the U.S., the other, for customers in Canada. The difference can be as significant as 20 per cent. Even when the Canadian dollar traded at par with its U.S. counterpart.
As Canadians, we know why we love our country.
There's something strangely satisfying and less stressful about flying with only carry-on luggage.

Psst! Want to make some easy 












