Gardaí have issued a warning after multiple incidents of investment fraud resulted in members of the public losing huge amounts of money.
During a period of high cost of living, these sophisticated criminals are taking advantage by cloning webpages and targeting victims through online and social media adverts by promising ‘once in a lifetime opportunities’ to instantly invest with fast and large financial returns. Gardaí have shared some incidents of investment fraud that were reported in the first seven months of this year including:
In a second instance, a man came forward to Gardaí to report that he was the victim of an investment fraud after he came across a trading broker online. After seeing an advert on a social media platform for an investment scheme, another victim reported that he had filled in his personal details and was contacted by purporting to be involved in the investment opportunity. After some discussion, the victim believed would be investing in trading through a mobile app and was enticed to send on €45,000.