In the last two months, the PSNI has received reports of investment attempted scams and scams which have resulted in a loss in excess of £1.2 million to fraudsters.
In March, officers say they saw losses of close to £612,000 and during the month of April, losses were close to around £690,000. Chair of ScamwiseNI Partnership, Chief Superintendent Gerard Pollock said the staggering statistics illustrate how ruthless scammers are.
In terms of the types of scams, Chief Superintendent Pollock said the scams we have seen have three common features, and the signs to watch out for.