Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
Shutterstock/Aitormmfoto
Criminal Courts
Man to appear in court over money laundering of €1.5 million
The man was arrested earlier this week as part of a surveillance operation.
A MAN IS due to appear in court today after being arrested as part of an investigation into money laundering of €1.5 million.
The Garda National Economic Crime Bureau (GNECB) arrested the man, who is in his 20s, in an operation on 2 November.
He is to appear at the Criminal Courts of Justice this morning.
Detectives attached to the GNECB arrested the man on suspicion of laundering cash over a two month period during a surveillance operation.
The laundering involved the lodgement of cash into automatic lodgement machines in bank branches using a third party’s bank card and transferring the money outside the jurisdiction once it was processed.
Between €20,000 and €40,000 in €50 notes was processed almost every day.
The man was detained at Store Street Garda Station under Section 4 of the Criminal Justice Act 1984 and had since been charged.
have your say