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Ireland Scammers Target Bank Customers Over Crypto Investors
In Ireland, a rise in scams involving fake bank representatives defrauding people has occurred, and this has happened as cryptocurrency scams decreased due to lower profits and hype, according to the Irish Independent.
These scams have led to Irish citizens losing €20 million in 2023. Scammers contact victims via phone or email, posing as legitimate British banks or trading firms. The police in Ireland are actively investigating these cases, having recovered €2 million from one perpetrator.
Authorities have retrieved €4 million of the €20 million lost to such banking scams since January 2023. Interestingly, cryptocurrency scams, once prevalent, now constitute a smaller portion of investment scams.
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