Scam artists targeting lucrative SSIA savings

CONSUMERS are being fleeced out of tens of millions of euro by increasingly clever scams and confidence tricks — and some are even legal.

Last year people lost €20 million in one pyramid scheme alone while a handful of Bank of Ireland (BOI) customers had €160,000 refunded after cheats plundered their accounts.

Now consumer champions are warning the public to keep a tight watch on their finances as cheats eye the last of the Government SSIA payouts due this year.