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)
Pearse Doherty (Donegal, Sinn Fein)
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I will stop Mr. Kelly there. Obviously I do not operate behind the desk there and I am trying to figure this out. In terms of unauthorised payment fraud, there are about 300,000 incidents per year. These banks have to repay the individuals because that is the guarantee they have with their credit or debit cards. These are incidents of fraud. Surely under section 19 they would all be reported to An Garda Síochána. Would that not be the case?