DONEGALDAILY.COM has been given incredible new details on a scam in which dozens of Donegal people were conned.
A number of investors are due to meet with our investigators later this morning – and we hope to give an up-to-date story to readers later this afternoon.
The investigation relates to a foreign national and how he sucked dozens of local people into a bogus get-rich-quick scheme.
He used well-known salespeople to trick unsuspecting investors out of MILLIONS OF EURO.
The smooth-talking crook boasted about how he could beat the bankers by promising fantastic returns on cash deposits.
He said his solution to low returns from the banks was to invest in liquidated stock and re-sell those stocks at huge profits.
But it was all a scam – and now it’s being investigated by Gardai, the Criminal Assets Bureau and the Revenue Commissioners….as well as up to six other police forces.
A new update will appear later today.
* If you were an investor, contact us by email on email@example.com in complete confidence.