Are you confident you re protected against phishing?The HSE, the Guards and multiple financial institutions are all warning people to be ready for phishing a.
Cryptocurrency scams on the rise, BPFI warns rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Warning over get rich quick scams involving cryptocurrencies
People are being conned out of up to €50k. By Garreth MacNamee Thursday 20 May 2021, 9:02 AM 1 hour ago 11,555 Views 45 Comments
Image: Shutterstock/tungtaechit
Image: Shutterstock/tungtaechit
CONSUMERS HAVE BEEN urged to beware of so-called ‘get rick quick’ schemes involving cryptocurrency after a large number of people were conned out of significant amounts of money.
FraudSMART, the fraud awareness initiative led by Banking & Payments Federation Ireland (BPFI), has warned of the rise in cryptocurrency investment scams with victims being conned out of sums of money up to €50,000.
In many cases, potential victims are lured to the trade by cold callers or internet pop-up ads.
From today the five main banks are adopting a coordinated approach to make it easier for people seeking international protection here to open bank accounts.