Over 1,000 people defrauded by investment scams since 2020

[Brendan Burgess]

€25 million stolen in investment fraud last year - gardaí

Gardaí have said over €25 million was stolen in investment fraud last year, a crime which has increased by over 90%.

www.rte.ie

Investment fraud occurs when criminals pose as investment managers to trick someone into investing money in schemes and projects that do not exist.

Gardaí said that criminals are cloning web pages and targeting victims through online and social media adverts promising "once-in-a-lifetime opportunities" to instantly invest with fast and large financial returns.

 

[ClubMan]

Wouldn't a more accurate headline be "Gardaí/1,000 people ALLEGE €25M in losses to fraudsters over the past 4 years"?

 

[jpd]

But that wouldn't look so good ie in attracting clicks