{"id":5122,"date":"2023-06-08T14:35:22","date_gmt":"2023-06-08T14:35:22","guid":{"rendered":"http:\/\/seancrowe.ie\/home\/?p=5122"},"modified":"2023-06-08T14:35:23","modified_gmt":"2023-06-08T14:35:23","slug":"plan-needed-to-tackle-massive-increase-in-financial-fraud-and-scams","status":"publish","type":"post","link":"http:\/\/seancrowe.ie\/home\/plan-needed-to-tackle-massive-increase-in-financial-fraud-and-scams\/","title":{"rendered":"Plan needed to tackle massive increase in financial fraud and scams"},"content":{"rendered":"\n<p>Sinn F\u00e9in TD for Dublin South West Se\u00e1n Crowe has called for a plan and additional resources to tackle fraud and scams, following a massive increase in the crime. <br><br>Sinn F\u00e9in are calling for the Government to bring forward a multi-annual plan to tackle these crimes as citizens feel increasingly vulnerable to the criminal actions of fraudsters.<br><br>Speaking today, Teachta Crowe said:<br><br>\u201cFigures released to Sinn F\u00e9in&#8217;s Finance spokesperson Pearse Doherty by the Department of Justice show an alarming and massive increase in financial fraud and scams across the State.<br><br>\u201cSince 2019, instances of investment fraud have risen by 258%. Account Takeover Fraud has increased by a staggering 560%. Romance fraud has risen by 83%, while scams through phishing, smishing (scam text messages) and vishing (scam phone calls) have increased by 417%.<br><br>\u201cCitizens are being robbed of millions of euros each year by fraudsters and by these statistics, it\u2019s clearly getting worse.<br><br>\u201cIn 2020, the Hamilton Report recommended the development of a multi-annual strategy to combat economic crime &#8211; two and half years later, the Government is yet to publish a multi-annual plan to tackle economic crime and fraud. This is not acceptable; a plan is needed and additional resources put in place to tackle these scammers.<br><br>\u201cBanks and An Garda S\u00edoch\u00e1na still do not have a Shared Fraud Database to tackle fraud and protect consumers \u2013 despite banks repeatedly calling for it to be established.<br><br>\u201cGovernment inaction is leaving citizens exposed and it is the most vulnerable who are being scammed and robbed of their hard earned savings.<br><br>\u201cThere is hardly a day that goes by when most of us are contacted by phone or by email by these fraudsters.  The schemes are getting more and more sophisticated and regular.<br><br>\u201cWe also know that payment systems providers are not required to compensate victims of these types of fraud and scams \u2013 something that will soon be required in the North. <br><br>\u201cConsumers must be protected so that they can have confidence that they won&#8217;t be left vulnerable and out of pocket to these ever more frequent crimes. The government need to get serious about tackling this growing level of fraud.\u201d <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sinn F\u00e9in TD for Dublin South West Se\u00e1n Crowe has called for a plan and additional resources to tackle fraud and scams, following a massive increase in the crime. Sinn F\u00e9in are calling for the Government to bring forward a multi-annual plan to tackle these crimes as citizens feel increasingly vulnerable to the criminal actions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5122","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/5122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/comments?post=5122"}],"version-history":[{"count":2,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/5122\/revisions"}],"predecessor-version":[{"id":5126,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/posts\/5122\/revisions\/5126"}],"wp:attachment":[{"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/media?parent=5122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/categories?post=5122"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/seancrowe.ie\/home\/wp-json\/wp\/v2\/tags?post=5122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}