07/02/2017

Man In Court Over Alleged Investment Fraud

A man has appeared at Dun Laoghaire District Court today, 07 February, in connection with an investigation into alleged investment fraud and money laundering offences.

On Monday, 06 February, gardaí from the Garda National Economic Crime Bureau arrested two men in their 40s in connection with the alleged offences involving up to €5 million. The men were arrested in Co Dublin and Co Wicklow and detained at Dun Laoghaire and Bray Garda Stations.

As part of the investigation, the Garda National Economic Crime Bureau said it had frozen a "significant amount" of money held in Irish banks.

One of the men was scheduled to appear in court today. The other arrested man remains in custody at Dun Laoghaire Garda Station.

Investigations are continuing.

(JP)

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