Gardaí attached to the Garda National Economic Crime Bureau (GNECB), with ongoing liaison with Europol and Eurojust, are investigating an incident of fraud whereby a criminal organisation are committing invoice redirect frauds internationally. To date, it is estimated that this organised crime gang has laundered over €3,500,000 through a network of bank accounts set up by Italian nationals, Romanian nationals and other nationalities.
This morning Monday 20th July, 2020 after a surveillance operation was put in place, search warrants were executed at two residential properties in Glasnevin and Portobello. During the search operation two men were arrested (27 years & 45 years), one man at each location, and both are detained under Section 50 of the Criminal Justice Act, 2007 as amended by the Criminal Justice (Amendment) Act, 2009 at Kevin Street and Mountjoy Garda Stations.
Investigations ongoing.
