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Gardaí make fifth arrest in relation to theft of €1.1 million from Dublin company

The man, aged in his late teens, was arrested this morning.

Image: PA

A TEENAGER HAS been arrested in relation to an ongoing investigation into the theft of approximately €1.1 million from a Dublin-based company last year.

The man, aged in his late teens, is the fifth person to be arrested as part of Operation PARADE. 

This is a garda investigation into the theft of around €1.1 million in an invoice redirect fraud from a Dublin-based company in November 2020.

Gardaí said the company received an email which they believed to be from a trading company telling them that their bank account was changed and to send the money to a new bank account.

Around €1 million of the stolen money was recovered in various other bank accounts, gardaí said.

The teenager was arrested this morning and is currently detained at Kevin Street Garda Station.

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Investigations are ongoing. 

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