SOPHISTICATED scammers duped an unsuspecting Irish man out of €1 million, The Irish Sun can reveal.
Gardai have urged the public to be extra vigilant after a dramatic spike in investment frauds with punters losing millions of euros to crooked con artists.
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Cops from the Garda National Economic Crime Bureau, who specialise in investigating fraud, are particularly concerned about a rise in cryptocurrencies cons.
Detective Superintendent Michael Cryan made clear scammers were operating on a large scale and urged people to avoid any type of “get rich quick” scheme.
The top cop told The Irish Sun: “It started with the fella in his basement but it’s now a business, these guys come into work.
“The African Prince scam doesn’t really work anymore. “They’ve become a lot more sophisticated, they’ve moved on.
“One person lost one million, other ones have lost two or three hundred thousand – there would be quite a few around that and they’re only the ones that have been reported to us.”
Cops say twisted fraudsters are using fake websites to promise “huge and quick returns” to encourage people to hand over thousands of euros.
They have urged people to only invest after getting “reliable financial and legal advice” and checking the regulatory status of the company on the Central Bank of…
