Gardaí warn of increasing risk of investment fraud as man in his 60s loses €300,000

In a 90% increase, a total of €25,360,000 was reported stolen last year, a sum almost equal to the combined amounts for 2021 and 2022

965 people reported incidents between January 2020 and January 2024. Picture: Tim Goode/PA

More than €25m was stolen from victims of investment fraud in Ireland in 2023, according to a new report by An Garda Síochána.

That includes hundreds of thousands stolen from individual victims who believed they were using reputable financial institutions or legitimate online trading platforms.