Bank of Ireland reports a 32% increase in purchase scams via online ads for fake goods and services.

Bank of Ireland has warned of a 32% increase in reported purchase scams in the past year, with consumers lured through online ads to make payments for fake goods and services. Scammers often promise bargains or discounted items, directing payments via bank transfer which provides little protection. Consumers are advised to research and read reviews for authenticity, and be cautious of poor grammar and vague product descriptions.

May 20, 2024
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