Oireachtas Joint and Select Committees

Wednesday, 31 May 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Authorised Push Payments Fraud: Discussion (Resumed)

Mr. Justin Kelly:

In some cases the individual may not report to the bank. For example, someone might get involved in a romance fraud. They are invariably deceived out of a significant amount of money and may not report that to the bank. If it is not reported to the bank, the bank has no way of sending the information to us.