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Locals Warned Over Sophisticated Scams, With Almost €100 Million Stolen From Irish People Last Year

Thursday, 30 May 2024 12:34

By Martin Osborne

Data from FraudSmart for 2023 shows card scams accounted for 95 per cent of fraudulent transactions.

Almost 100 million euro was stolen from Irish people through frauds and scams last year.

Data from FraudSmart for 2023 shows card scams accounted for 95 per cent of fraudulent transactions.

Electronic money transfers, however, came with a higher cost, and accounted for more than 33 million euro worth of overall losses.

Speaking on Kildare Today, Niamh Davenport, Head Of Financial Crime at Fraudsmart, had this advice for listeners.

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