People looking online for loans are being urged by gardaí to exercise extreme caution about who they deal with after a recent increase in the number of people falling victim to so-called ‘advance fee’ scams.

he scam is particularly callous in that it targets people who are desperate for money and cannot get credit through mainstream financial institutions.

While other phone and text scams, such as fake messages from government agencies like Revenue, still persist, the ‘advance…

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