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RCMP warns of newest insurance scam

The Royal Canadian Mounted Police has issued an official warning against an emerging insurance scam that targets unsuspecting Canadian victims through mail and phone correspondence, according to

The original reports out of Manitoba reveal that several residents in the province’s southeastern region have received phone calls and letters informing them of their eligibility to large sums of inheritance money. The swindlers claim that the money is the result of a deceased “business magnate” with the same last name in the United States.

The messages, originating in Brazil, Indiana, are sometimes signed by an insurance professional, but others have been attributed to lawyers and accountants.

“Our Financial institution (insurance department) has issued me a notice to provide the beneficiary to the Estate of his unclaimed life insurance masterpiece fixed deposits of US$4.8 Million,” one such letter reads.

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