Gardaí have issued a warning to the public to be aware of the ‘Dubai’ broadband scam that aims to trick victims into handing over their bank details.
The elaborate scam which is carried out via phone aims to con unsuspecting victims to handover their bank details in order to carry out an illegal bank transfer.
Gardai say the scam which has already conned a 70-year-old man out of €10,000, works with fraudsters ringing unsuspecting members and telling them they are their broadband provider.
The ruthless scam artists then begin to inform the receiver that their bank account has been hacked and they need to provide their details to the dedicated cybercrime section.
They then persuade the victim that they should perform a money transfer to a safe bank account which is located in Dubai as a would be fraudster gas already gained access to their account.
Gardaí say the scam is extremely difficult to track given that its carried out over the phone.
They also urged people not to provide their banking details to anyone who asks for them as legitimate broadband providers or banks would never ask for them over the phone.