Financial Services
More than €25m stolen through investment fraud last year
Gardaí said that the problem of investment fraud was particularly acute during periods of high cost of living
Criminals stole more than €25 million from unwitting members of the public through investment fraud last year, gardaí have warned.
The €25.36 million stolen from people in 2023 was equal to the total recorded in the previous two years combined with victims losing €14 million and €11.5 million in 2021 and 2022, respectively.
Investment fraud is where criminals pose as investment managers to fool someone into investing money in schemes and projects that do not ...