SINISTER criminals already stealing millions through sophisticated frauds will use artificial intelligence to ramp up their theft, a top Garda warns.
Detective Superintendent Michael Cryan says the growing volume of investment fraud which has seen €13.5million taken already this year is frightening.
He told the Irish Sun: “These criminals are very, very good. They have very good backstories. They put a lot of work and a lot of effort into defrauding these victims.
Investment fraud occurs when criminals pose as investment managers to fool people into investing money in schemes and projects that do not exist.
Over €28 million was stolen from investment fraud victims in …