On Air Now

K Drive

3:00pm - 7:00pm

  • 045 901 490
  • 0833-979797

Now Playing

Db Boulevard

Point Of View

80% Increase In Scams In 2020, At A Cost Of €16 Million.

Stock image: Shutterstock

Victims are being duped out of an average of €5,300.

Fraudulent scams jumped almost 80% in Ireland last year with victims being duped out of close to €16 million.

The increase has been closely linked to he upheaval caused by the Covid-19 pandemic.

Research led by the Banking and Payments Federation Ireland discovered that victims were tricked out of an average of €5,300 via a wide range of scam types

The Chief Executive of the Federation, Brian Hayes, has put the increase down to the massive numbers of calls by scammers.

Brian Hayes says scam calls contributed significantly to the huge fraud:

Over half of the scams involved individuals pretending to be a Government department or an agency, like the Revenue Commissioners and Gardaí.

Detective Superintendent Michael Cryan of the Garda National Economic Crime Bureau says fraudsters are operating elaborate scams

:

More from National News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Tue

    Sunny intervals

    12°C

  • Wed

    Sunny intervals

    10°C

  • Thu

    Sunny intervals

    10°C

  • Fri

    Sunny intervals

    10°C

  • Sat

    Low-level cloud

    9°C