Oireachtas Joint and Select Committees
Wednesday, 12 July 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Authorised Push Payment Fraud: Central Bank of Ireland
Pearse Doherty (Donegal, Sinn Fein)
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Does Mr. Kincaid have any concern that the same companies the Central Bank is paying to carry their public awareness campaign, "How can I protect myself from financial services scams?", are actually benefiting from the financial scammers? The Central Bank paid €100,000 to online platforms. I commend the bank on its initiative regarding the scams they are trying to alert people about, yet the scammers are paying the exact same companies money to host the scams. Does Mr. Kincaid have any concerns about that issue?