01/06/2010

Four Held Over Counterfeiting Ring

Four men have been arrested in County Laois as part of a Europe wide investigation into money counterfeiting.

Gardaí revealed yesterday morning they had arrested the four men for suspected offences under the Theft and Fraud Offences Act, as part of a "major investigation into the counterfeiting of money".

A Gardaí spokesman said the operation, which was led by the Garda Bureau of Fraud Investigation and supported by the Emergency Response Unit, other national support units and local Gardaí from Abbeyleix, was initiated following an analysis of increased activity in counterfeiting across Europe.

"This morning's arrests are the culmination of an extensive operation which has been ongoing for a number of months and which has involved information sharing across a number of international law enforcement agencies including Europol," the spokesman said.

The four men aged in their 40s and 50s are detained at Portlaoise and Tullamore Garda Stations under the Criminal Justice Act.

A site including a number of buildings near Borris-in-Ossory has been sealed off for a detailed technical examination by a forensic investigation team from the Garda Technical Bureau.

(DW/BMcC)

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