Author: Annie Lecompte, Associate professor, Département des sciences comptables, Université du Québec à Montréal (UQAM)

With technology evolving rapidly, the amount of fraud against seniors is increasing at an alarming rate. Fraud is now the leading crime committed against seniors in Canada. Today’s scammers are taking advantage of new technological tools that make their schemes both more credible, and harder to detect. From fraudulent phone calls using voice simulation systems, to sophisticated online hustling, scams are becoming increasingly complex. Despite alerts and warnings, fraud continues to flourish in the age of technology. As an expert in the field of technological fraud, I will try to provide some answers to the following question: Why is fraud…