Investment fraud rises 67% — men over the age of 55 are most targeted

An Garda Síochána is asking members of the public to do their homework before making any investments. Picture: Dominic Lipinski/PA Wire

Reports of investment fraud have risen by 67%, with men over the age of 55 the prime targets.

There were 234 reports of investment fraud in 2021, amounting to €12.4m, up from 140 reports in 2020 amounting to €8m.