Garda Headquarters, at the Phoenix Park, Dublin, have confirmed that a man has been extradited from the United Kingdom, to the Irish Republic, to face dozens of money laundering charges, following a lengthy investigation by the Garda National Economic Crime Bureau (GNECB).
The suspect, who was arrested by Fraud Squad detectives yesterday evening at Dublin Airport, is understood to be a Spanish national, aged in his late 40s. He is alleged to has been involved in laundering some €450,000; same stolen while he was a resident in Co. Tipperary some five years ago; between October 2017 and November 2017.
The arrest operation is part of Operation SKEIN which has seen over 500 people across the country arrested for similar type fraud offences.
The man was taken to Ballymun Garda Station; having been initially arrested in the United Kingdom, under a Trade and Cooperation Agreement (TCA) warrant. It is expected that he will face more than 40 money laundering charges, when he appears in court, possibly as early as this morning.
The investigation is part of ‘Operation Scan‘, carried out by the GNECB into invoice redirection frauds, usually targeting businesses to trick them into re-directing large sums of money, into newly setup bank accounts.
In this extradition case, the money is alleged to have been laundered from the then Co. Tipperary base of the accused, through a series of bank accounts within Ireland.
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