"Swindle involves panicked customers losing more money on top of what was stolen from them in the first place"
"AIB has warned of an emerging threat of "second-helpings scams" in which criminals offer fraud victims fake services to recover their stolen money."
"The growing trend involves customers who have already fallen victim to investment scams being contacted again by fraudsters who claim to be able to retrieve the original investment fee."
AIB warns of an emerging 'second-helpings' scam in which criminals offer fake recovery services to fraud victims. Panicked customers who already lost money to investment scams are contacted again and promised retrieval of their original investment fee. The scammers demand additional payments or provide instructions that lead to more losses, compounding financial harm beyond the initial theft. The tactic exploits victims' urgency and hope for recovery. Financial institutions and consumers face increased risk as fraudsters adapt, creating a follow-up layer of deception that amplifies monetary and emotional damage.
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