Gardaí attached to the Garda National Economic Crime Bureau (GNECB) investigating invoice redirection fraud have today, Wednesday 14th October 2020, arrested 2 males and carried out searches in Dundalk, Tralee and Dublin as part of Operation SKEIN.
The two men, one in his late teens and the other in his 40s, are currently being detained under Section 50 of the Criminal Justice Act, 2007 at Blanchardstown and Bridewell (Co. Cork) Garda stations. They can be held for up to 7 days. Gardaí are liaising with Europol and Dutch Police as part of this investigation.
To date, over €4,000,000 has been laundered through bank accounts in Ireland and these are the third and fourth arrests to have taken place as part of Operation SKEIN.
Previous Press Release Refers:
The man in his 40s arrested in relation to this investigation has been charged. He is due to appear before the Criminal Courts of Justice this morning, Wednesday 22nd July at 10:30am.
The man in his 20s who was also arrested has been released without charge. A file will now be prepared for the Director of Public Prosecutions.
Previous Press Release States:
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.