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Investment Scams Spiking Online

Investment scams are exploding online, with AIB reporting a shocking 1,500-fold surge in fake ads and sites just in the first five months of this year. Scammers are getting smarter, impersonating trusted brands and figures to lure victims into handing over cash for nonexistent opportunities. Once hooked, victims often face delays, excuses, or total loss when trying to withdraw their money. AIB’s fraud team has shut down thousands of these sites and warns: if an investment sounds too good to be true, it almost certainly is. Always verify and seek independent advice before sending a single…

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