Our website uses cookies to enhance your browsing experience and to collect information about how you use this site to improve our service to you. By not accepting cookies some elements of the site, such as video, will not work. Please visit our Cookie Policy page for more information on how we use cookies.

Court Appearance - €1.5 Million Money Laundering Investigation GNECB, 2nd November 2020

The Garda National Economic Crime Bureau (GNECB) have arrested a man in connection with the money laundering of €1.5 million, in an operation carried out 2nd November 2020.

As part of an ongoing surveillance operation, detectives attached to GNECB arrested a male in his 20’s on suspicion of laundering cash over a two month period.

This involved the lodgement of large amounts of cash into automatic lodgement machines in bank branches using a third party’s bank card. Amounts of between €20,000 and €40,000 per lodgement in €50 notes were processed almost every day. Once lodged, the money was immediately transferred outside the jurisdiction.

The male was detained at Store Street Garda Station under Section 4 of the Criminal Justice Act 1984 as amended. He has since been charged is due to appear before the Criminal Courts of Justice this morning, 4th November 2020.