Woman loses significant sum in suspected investment scam in Limerick
A woman in her sixties believed she was investing through a genuine cryptocurrency investment company after seeing an online advertisement
LIMERICK gardai are also investigating an incident of investment fraud.
Sergeant Natasha Walsh, Sergeant in Charge, of Henry Street Garda Station said:
“A woman in her sixties believed she was investing through a genuine cryptocurrency investment company after seeing an online advertisement. Over a number of weeks she transferred a significant amount of money.
“When she later tried to withdraw her investment, she discovered she could no longer access her funds.
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Gardaí in the Kilmallock area are investigating.
Sgt Walsh advised people to always take their time before investing.
“Be extremely cautious of online advertisements or unsolicited investment opportunities, particularly those promising high or guaranteed returns.
“Check that any investment firm is properly authorised and never feel pressured into making quick decisions or transferring money. If something sounds too good to be true, it usually is.
Sgt Walsh concluded: “If you think you've been the victim of an investment scam, stop sending money immediately, contact your bank and report the matter to your local Garda station as soon as possible.