'Recovery scammers' re-targeting people who have already been scammed
Fraudsters say they will recover money lost in the scam for an upfront fee, sometimes describe as a ‘retainer fee’ or ‘processing fee’.
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Fraudsters say they will recover money lost in the scam for an upfront fee, sometimes describe as a ‘retainer fee’ or ‘processing fee’.
Victims of fraud are being re-targeted by criminals in the latest phase of highly convincing investment scams, the public have been warned.
Gardai reporting a 90pc increase in investment fraud last year have said a common trait in the scams is fraudsters using well-spoken British accents.
The number of people who reported investment fraud in the first two months of this year has doubled compared to last year.
In a 90% increase, a total of €25,360,000 was reported stolen last year, a sum almost equal to the combined amounts for 2021 and 2022