News Formal

‘Staggering amounts’ of money being stolen through investment fraud, gardaí say

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 98%

An-Garda-Siochana News

Cost-Of-Living

‘Sophisticated criminals’ taking advantage of high cost of living by cloning webpages and targeting victims through adverts online

The fake adverts promise 'once in a lifetime opportunities' in the form of fast and large financial returns through investments.

Some 1,117 people have reported incidents of investment fraud to gardaí since January 2020, with 44 per cent of those concerning cryptocurrencies such as Bitcoin. The online trading broker disappeared, with the victim losing any money invested. The case is currently under investigation by gardaí. When he questioned this, he was told he had to pay €36,000 in Dirt tax to access the fund. He reported the fraud to gardaí soon after.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Scheffler prize money blow as Olympic gold hardly helps record-breaking earningsScottie Scheffler clinched the gold medal at the Paris Olympics - but the prize money is much different to the other wins during his record-breaking year on the PGA Tour
Source: IrishMirror - 🏆 4. / 98 Read more »