Rise of Over 20 Per Cent in Investment Scams in Last 3 Months - 10/11/2025

A new generation of scams featuring AI celebrity endorsements is duping people out of thousands of euro.Banks are concerned at the rise of high-tech scams targeting people’s investment or retirement hopes.Awareness campaign FraudSmart, which is led by Banking & Payments Federation Ireland (BPFI), is today issuing a fresh warning to consumers, particularly those aged 50 or older.Meanwhile, the Central Bank of Ireland has warned consumers of fraud recovery schemes in which scam artists contact victims of fraud promising to recover lost funds for an upfront feeHead of FraudSMART, Mary D’Arcy, joined us on The Agenda this morning to talk to us some more about this. Hosted on Acast. See acast.com/privacy for more information.