Tag: financial safety
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Purchase scams surge as Bank of Ireland issues consumer warning
Summary: a worrying rise in purchase scams The Bank of Ireland has issued a fresh consumer warning after official data showed a sharp rise in purchase scams in the first half of 2025. The bank reports a 47 per cent increase in reported purchase scams compared with the second half of 2024, signaling a growing…
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UK Consumers Warned: AI Chatbots Giving Inaccurate Financial Advice
UK Consumers Face Risk from AI Chatbots Providing Financial Guidance Public scrutiny is growing over the reliability of artificial intelligence chatbots when it comes to handling money matters. Recent tests conducted on the most popular AI chatbots have revealed a troubling pattern: British users are receiving inaccurate financial guidance, including misleading tax advice and suggestions…
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I opened up like a giant elevator: the seven sly, savage stages of a £100,000 romance scam
Introduction: The alarming cost of a digital romance When love crosses into a trap, the consequences can be devastating and financial. Elizabeth’s story—losing £100,000 to a supposed soulmate she believed loved her—offers a stark, real-world map of how sophisticated romance scams unfold today. By breaking down the seven stages, we can understand the psychology, tactics,…