The "Oak Bay" police say they are investigating several frauds that have recently occurred in the community, including a case where the victim lost $27,000.

A fraud was reported on June 3, after the victim saw an advertisement on his computer saying that his device had been hacked.

A window appeared on his device telling him that his bank account had been hacked, and that he should call a number listed in the advertisement, the police say.

The victim called the number and spoke with a person who claimed to be from the bank he deals with. The police said the victim ultimately withdrew $27,000 from her bank account and deposited it into a Bitcoin machine before realizing that it was a scam in progress.

Another Oak Bay resident was a victim of another fraud when he received a call from someone saying he was a Telus representative.

The call came on May 30, where the scammer told the victim that he could upgrade his services at a discounted price under a new promotional offer from Telus.

After the phone call, the victim received an email from the scammer saying he needed to perform a "credit test" before the new service price could be finalized.

The scammer told the victim he needed to send four digits from the Social Insurance Number (SIN), credit card number, and bank name to complete the process.

The police said the victim sent the information but later realized this was not a legitimate Telus promotion and canceled his credit cards before transferring any amount.

Anyone with information about similar cases is asked to contact the "Oak Bay" police at 250-592-2424 or contact Crime Stoppers anonymously at 1-800-222-8477.