Similar to the CRA/CIC extortion scam, the “hydro” extortion scams involves consumers and businesses receiving calls from an individual that claims to represent their local electric, water or gas company. The caller advises that there is an overdue bill and payment is required immediately or the services will be shut off.
The fraudsters are requesting payment by prepaid debit/credit cards with PayPower Cards and Green Dot Cards being the primary choices or by bank to bank wire transfer.
Warning Signs – How to Protect Yourself
Utility companies would never request a payment by prepaid debit or credit card over the phone. Overdue payments would appear on your next month’s bill.
Call the customer service number on your utility bill, this will ensure that you are speaking to a real employee of the company.
Never give out any personal information over the phone.
Don’t be afraid to ask questions and if you feel pressured never hesitate to terminate a call.