Though most of us use online payment systems very few of us have any understanding of how they work or how vulnerable they might be. After all, if we had we might be as successful as Limerick brothers Patrick and John Collison, founders of payments firm Stripe valued at $35bn.
A judge has asked a court “are there a lot of very gullible people out there?” after hearing how an Ennis man defrauded eight people out of €1,952 worth of concert tickets that didn’t exist.
Even in a week when Oxfam’s annual eve-of-Davros report underlined the ever-widening gap between the megarich and the other 99.5% of humanity, yesterday’s agreement by Portuguese soccer player Ronaldo to pay €19m to settle a tax fraud case seems remarkable.
The theft of €70,000 from a Meath factory in the last six weeks in a bogus email scam is the latest in a growing rise of online fraud across the country, according to a Garda Crime Prevention Officer.
Even in a country where constructive ambiguities are almost as important as water or oxygen our well-established culture of legislate-and-ignore seems a hypocrisy too far; an institutionalised three-card trick that indulges the less attractive sides of our character.
A Dublin mother-of-four, who claimed her drunken Las Vegas wedding was “a bit of fun” and she did not know it was valid in Ireland, has been cleared of unlawfully obtaining almost €30,000 in one parent family social welfare payments.