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Irish investment scams stole nearly €94M since 2021, with over €8.6M lost in early 2025, targeting older adults via fake financial websites and urgent pressure tactics.
Investment fraud in Ireland has surged, with victims losing nearly €94 million since 2021, including over €8.6 million in the first seven months of 2025.
Middle-aged and elderly individuals are primarily targeted through deceptive online ads that mimic legitimate financial firms using fake websites, forged documents, and urgent pressure tactics.
Scammers use real product details and false regulatory claims to gain trust, then demand money transfers to foreign accounts.
Gardaí warn the public to verify firms via the Central Bank’s SAFE test, avoid unsolicited offers, and report suspicious activity immediately, stressing that if an investment seems too good to be true, it likely is.
Las estafas de inversión irlandesas robaron casi €94M desde 2021, con más de €8.6M perdidos a principios de 2025, dirigidas a adultos mayores a través de sitios web financieros falsos y tácticas de presión urgentes.