Commercial Insights Business Solutions

An overview of common types of fraud, best practices and how CIBC can provide assistance.
Nov. 03, 2023 5-minute read

Sources and types of common scams

Common types of fraud

Fraud type Number of victims in 2022
Phishing 300,497
Nonpayment or nondelivery 51,679
Credit card and check fraud 22,985
Business email compromise 21,832


Nonpayment or nondelivery

Business email compromise (BEC)

Credit card and check fraud


Best practices: Safeguards for skilled nursing operators

How CIBC’s Treasury Services team can help

Equal Housing Lender, Member FDIC logo

Find the insights that matter to you

Explore more helpful resources