Cryptocurrency scam conning Irish consumers out of up to €50k

Separately, Gardaí in Carbury and Portarlington are investigating two incidents where a man called to two homes and attempted to steal money.

The recent hype around crypto-currency has resulted in a sharp rise in "get rich quick" scams.

Irish consumers are being conned out of as much as €50,000 by new cryptocurrency scams.

FraudSMART is warning scammers are creating bogus companies and promising people massive returns on investments.