Fraud Watch: True Crime Stories

And together, we won’t let the fraudsters win

Fraud is constantly evolving and sadly, fraud attacks have now become part of our everyday lives. Many of us receive at least one fraudulent text, email or phone call a month, so it’s important that we look after our financial wellbeing by knowing how to protect ourselves from fraud scams.

Our new social series, Fraud Watch: True Crime Stories zones in on different types of fraud to help you recognise the signs that something is not what it seems. We give you easy to follow tips to keep you and your banking details safe.

Remember, always Stop, Think, Check. And together, we won’t let the fraudsters win.


Story 1: Smishing - Motorway toll scam

Always be wary of demands for payment by text, especially those that say “requires urgent action”.

Stop, Think, Check

Never click on suspicious links or share your banking details, including your full online banking PIN, or other personal information if requested via text message.

Story 2: Investment Scams

The need for secrecy...investment scam fraudsters try to isolate their victims by warning them not to talk to family and friends about their “investment”, for fear that their family or friends would intervene and stop the victim from transferring money.

Stop, Think, Check

Using a trusted source, like your local branch advisor, is still your safest option when it comes to investing.

Story 3: Purchasing Scams

Our human senses are finetuned to make judgement calls in the real world but it’s hard to do this online.

Stop, Think, Check

Only buy from reputable retailers. If it’s not a well-known shopping site, do some research. Look for independent reviews on other websites, rather than trusting testimonials on the site itself.

Story 4: Invoice Redirection

Invoice redirection fraudsters use trusted relationships as a point of attack and can extract information from emails.

Stop, Think, Check

Always verify payment change requests by contacting a known contact in the company directly, using contact details held on record, or by using a phone number displayed on the company’s website. Links or contact details contained in the email or letter requesting the change could be fraudulent. Don’t use them.

Story 5: Accommodation Scams

Ireland’s scarcity of accommodation can make people desperate to find a solution. Fraudsters target this vulnerability to stage their attack.

Stop, Think, Check

Only use established letting agents. Always meet the landlord in the accommodation to be rented and ask for ID such as a drivers licence. Remember, if it sounds too good to be true, it probably is!