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Cryptocurrency and cyber theft: Issues of global concern

Cryptocurrency and cyber theft: Issues of global concern
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Ten top tips for growing and protecting your wealth

Ten top tips for growing and protecting your wealth
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Ten top tips for growing and protecting your wealth

Ten top tips for growing and protecting your wealth
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Bursa Malaysia warns of investment scams impersonating legitimate institutions

KUALA LUMPUR: Bursa Malaysia Bhd is advising investors to be on high alert to protect themselves and others from becoming victims of investment fraud.

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Interpol Says 585 People Arrested in APAC Operation Against Cyber-Enabled Crime

Interpol Says 585 People Arrested in APAC Operation Against Cyber-Enabled Crime
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Man charged in Kerry over suspected investment fraud


Three victims reported losses totalling some €125,000.
By Ceimin Burke
Monday 15 Mar 2021, 8:05 PM
Mar 15th 2021, 8:05 PM
38,171 Views
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Image: Shutterstock/Esin Deniz
Image: Shutterstock/Esin Deniz
A MAN HAS been arrested in Kerry in connected with suspected investment fraud which resulted in three people losing around €125,000.
In 2018, Gardaí in Tralee received a report from three people who believed they were subject to investment fraud between 2010 and 2012.
The victims had all seen an article in a newspaper which offered an overseas investment opportunity with a “guaranteed return within 24 months”. However, no money was ever returned to the would-be investors.
An investigation was carried out and a man, aged in his 50s, was arrested this morning.

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Man arrested and charged in relation to suspected investment fraud


Man arrested and charged in relation to suspected investment fraud
NATIONAL NEWS
  );
Gardaí in Kerry have arrested and charged a man in relation to suspected investment fraud resulting in the loss of approximately €125,000.
The man, aged in his 50s, was arrested this morning, March 15. He was detained at Tralee Garda and has since been charged.
In 2018, Gardaí in Tralee received a report from three individuals who believed they were subject to investment fraud between 2010 and 2012.
Each person had seen an article in a newspaper which offered an overseas investment opportunity with a guaranteed return within 24 months”.
However, no money was ever returned to the would-be investors.

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Investment fraud up almost 120% since the pandemic


Gardai in Waterford say there’s been a massive rise in investment fraud during the Covid-19 pandemic.
Common investment scams may include lucrative investment opportunities such as shares, bonds, cryptocurrencies, rare metals, overseas land investments or alternative energy.
People are often lured into parting with their cash for the promise of enormous returns, but often don’t report the crime as they’re too embarrassed.
Since the Covid-19 pandemic, Gardaí have recorded a 118% increase in this sort of fraud. Brendan Roche is Crime Prevention Sgt for the Waterford Division of Gardaí:
“Investment fraud seems to catch people the most which centres around a pop-up that appears to say, ‘you can invest in this particular product’ or ‘you’ve been chosen to invest in it’.

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'Some people lost absolutely everything': Garda warning as investment fraud scams on the rise

Gardaí have said more people have become vulnerable to these scams during the pandemic because they are concerned about their finances.

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