We need your help now
Support from readers like you keeps The Journal open.
You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.
If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.
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.
By continuing, you are indicating that you accept our Terms of Service and Privacy Policy.
FIVE MEN AGED in their 20s and 30s have been arrested after a number of searches were carried out in Dublin as part of an investigation into money laundering.
Gardaí had identified a number of bogus companies established by a criminal group and a large number of bank accounts set up in false names and those of so-called ‘money mules’.
Investigators established that around €1.5 million was laundered through these bank accounts, and that the money was obtained through cyber fraud, organised prostitution and theft.
Eight searches were carried out in Dublin this morning, when the four men, who are Romanian nationals, were arrested on suspicion of criminal activity, money laundering and obstruction.
Documents pertaining to the bogus companies and bank accounts, IDs, cash and phones were also seized.
After a further search in north Dublin, another man in his mid thirties was arrested. Approximately €30,000 in cash and documentation regarding fraud was seized.
Two of the men are being detained under Section 50 of the Criminal Justice Act, 2007 at Clontarf and Ballymun Garda Stations.
One man is being detained under Section 4 of the Criminal Justice Act, 1984 at Raheny and another who was was arrested for obstruction and was taken to Swords Garda Station.
The man arrested in the latest search in north Dublin is being helf at Store Street Station, detained under Section 4 of the Criminal Justice Act 1984.
A garda spokeswoman said that investigations are ongoing.
To embed this post, copy the code below on your site
Well done Gárda, we have enough dodgy characters here without importing them.
@Justice Mickey: Agree, well done Gardaí. The Guards seem to be catching loads more serious criminals during this ‘lock down’ – every cloud and all that!!
Send the sc#m back where they came from.
Would it be more relevant to refer to them as roma
@Moss Cotter: Romanian does not equal Roma
@Moss Cotter: what makes you think they were Roma?
@Michael Burke: I think that’s his point. Your average Romanian thinks of the Romas the same way the Irish do of travellers. We have all seen headlines of “Irish” tarmac men defrauding the elderly abroad. Crime is an epidemic in certain “cultures” . Romas do not represent Romanian despite many of them being Romanian nationals
@Moss Cotter: no is the simple answer there Moss.
@Moss Cotter: Dont think its Roma more than likely college educated Romanians Roma don’t to school.
Maybe we should be told the names of these companies to ensure we don’t do business?
This is what the EU want to send around Europe people who are only coming here to scam and screw the taxpayers for whatever they can get.
@Mike O Brien: why do the EU want to do that?
@Mike O Brien: that is indeed the most cunning of plans
@john doe: because mainland Europe has been putting up with these people for years so they want all of us to have our share ie Germany and France who run the EU.
@Josh Joyce: glad you agree
@Mike O Brien: Its irish laws that are the problem , money laundering is seen as separate to the criminal activity that procured the cash , whereas its not seen that way across most of Europe .
Wonder if this is related to the Helicopter that has been hovering overhead late last night close to the City Centre?
@Wayne Quinn: yeah they were keeping an eyes on the bank accounts
@Michael Burke:
“large number of bank accounts set up in false names”.
How can it be that easy to set up these accounts? Something very wrong.
have your say