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)

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

Looking globally at fraudsters moving from one jurisdiction to another, what will happen is they will move to the jurisdictions which do not have the tighter legislation or the resources to tackle it. If they are looking and see 300 people being arrested and six individuals being investigated, they can weigh that up with the chances that they are going to get caught. Do they feel they have more of a chance of getting caught in Britain than they would have here or other countries or are we really good at it? I just cannot see the key performance indicators that tell us we are ahead of this and that concerns me, when we see the numbers exponentially increasing all the time.

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