Fake brochures, scam websites: how fraudsters are targetting over-55s and their life savings with elaborate investment scam

At least €30m has been stolen in such scams in the three years to last November, gardaí estimate

March 10 2023 02:30 AM

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More retired people and pensioners are being targeted in sophisticated scams in which fraudsters are seeking investments of upwards of €20,000, banks have warned.

Fraudsters are targeting the over-55s with elaborate cons, claiming to be part of reputable investment firms and swindling people, often out their life savings.