19 Aug 2022

Gardaí makes arrests for money laundering following searches


Gardaí makes arrests for money laundering following searches

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On the 3rd August 2021, Gardaí from the Longford District, supported by GNECB personnel conducted five searches in Co Longford and arrested five people for money laundering offences.

The four men and one woman, aged in their late teens and 20s are detained under Section 50 of the Criminal Justice Act 2007, at Longford, Mullingar and Granard Garda Stations. They can be detained for up to 7 days. Those arrested are detained on suspicion of acting as and recruiting money mules, as well as laundering money in bank accounts for a Criminal Organisation.

Operation SKEIN is a GNECB investigation into a Criminal Organisation involved in worldwide invoice redirect frauds and the subsequent laundering of the proceeds of these crimes through bank accounts in Ireland. To date, it is estimated that this Criminal Organisation have stolen over €15.5 million and laundered near €14 million in Ireland.

Approximately 78 people have now been arrested who are connected to this Criminal Organisation. A number of convictions have been recorded, numerous are before the courts charged with offences and files are being prepared for the DPP and GYDO in respect of the rest. More arrests are anticipated.

GNECB continues to work with local districts and with international Police Forces through Eurojust, Europol and Interpol as they target this Criminal Organisation.

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