Consumers in Ireland have been conned out of €2 million this year by investment scams, according to the head of the Garda fraud division.
Revenue revealed last week that up to 3,000 taxpayers may have given their bank and personal details to fraudsters offering fictional tax refunds.
The COVID-19 pandemic is believed to be partly responsible for the upsurge in scams, as people have more time to respond to unsolicited emails, texts and social media messages.
Charlie Weston, personal finance editor of the Irish Independent, joined us to discuss this and why homeowners are now rushing to avail of equity release.
Listen to the interview in full by pressing the play button on this page.
