€75m investment fraud surge in Ireland (Jan 2020-Aug 2022), with €13.5m lost in 2022, mainly targeting men over 40.

Investment fraud in Ireland has surged, with over €75m stolen from victims between Jan 2020 and August 2022, according to Gardaí. More than €13.5m has been lost this year alone, with men, aged over 40, making up the majority of victims. Fraudsters pose as investment managers, convincing victims to invest in non-existent schemes and projects, often through online ads and social media. Gardaí advise caution when considering potential investments and urge victims to report incidents to the police.

August 22, 2024
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