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From Korea to Kerry: Gardaí reveal massive international fraud with a significant footprint in Ireland

From Korea to Kerry: Gardaí reveal massive international fraud with a significant footprint in Ireland
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Young money mules destroying their future, gardaí warn

Young money mules destroying their future, gardaí warn Updated / Friday, 12 Mar 2021 15:10 Gardaí said young people are being targeted mainly on social media due to the lockdown, but alos through school and college Money mules are people who allow their bank accounts to be used by criminals. The Garda National Economic Crime Bureau said suspects have been identified in every county in Ireland and warned that those involved are destroying their future. Detective Chief Superintendent Pat Lordan said young people are being targeted mainly on social media due to the lockdown but that many are also being recruited through school and college to act as money mules.

Midwest Radio - Garda warn of 120% increase in investment fraud scams during the pandemic

Gardai warn of 120% increase in investment fraud scams during the pandemic Published: Monday, 08 March 2021 12:42 There has been a 120% increase in investment fraud scams during the Covid-19 pandemic. The gardai are asking the public to be aware of the rise in scams. During the pandemic, scams are more prevalent, due to increased online traffic and targeting of the general public by criminals using ever increasingly sophisticated means. An investment fraud scam is a fraud where criminals pose as investment managers, promise quick and high rates of return, and simply steal your money. The fraudster uses various investment schemes such as in rare metals, overseas property, and alternative energy schemes such as carbon credits and forestry. Promises are made of fast, enormous returns, once in a lifetime opportunities and can be seen to be endorsed by reputable business people or celebrities but this is without their knowledge

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