Featured Ireland

Man (20s) arrested in Dublin on suspicion of recruiting money mules and money laundering

A man in his 20s has been arrested today on suspicion of being involved in money laundering and recruiting money mules for money laundering. The man was arrested at an address in Dublin 15 today by gardaí attached to the Garda National Economic Crime Bureau (GNECB). “The arrest is part… Read More

Ireland: Former developer charged with stealing and laundering €200,000 as part of property registration fraud

A former millionaire developer has been charged with stealing and laundering more than €200,000 as part of a property registration fraud. Businessman Philip Marley (49) appeared in court accused of fraud in the registration of ownership of two Dublin properties, and transferring criminal proceeds. Judge Victor Blake granted him bail and… Read More

Germany’s Dolphin Trust was a pyramid scheme, causing devastation for investors

When it comes to German corporate fraud, Wirecard has been hogging the headlines for a while. But there’s another German company that has plummeted to Earth after a more than €1 billion hole emerged in its accounts. Except unlike with Wirecard, this was money that once… Read More
6th May 2021
A man who sold his bank account for €500 to a Romanian organised crime group laundering funds from fraud has been jailed for six months. Kevin White BL, defending, said Vlad Pintea (35) should not be made an example of and said the criminals had used his client’s account not… Read More
4th May 2021
The number of money-laundering crimes recorded in the State more than doubled last year and have increased sixfold in just two years. Garda sources said the trends reflect the changing face of crime in Ireland, more of which is taking place online, and a culture shift in policing with extra… Read More
26th April 2021
Buyers and sellers of Bitcoin and other cryptocurrencies are no longer able to trade virtual assets anonymously in Ireland under an expanded anti-money laundering regime. As of today, cryptocurrency service providers in Ireland will have to comply with money laundering rules and other basic regulations for the first time. This means that they must… Read More
20th April 2021
Significant new powers are being considered for An Garda Síochána to tackle white collar and other economic crimes, including new search warrants for gaining access to the passwords and other login details of suspects’ computers and mobile phones. The Government is also examining how new search warrants might be formulated… Read More
19th April 2021
The Irish Sun can reveal a secret ledger exposed Co Laois builder Darren Hoey’s extra income. Hoey — who worked in construction — earned the cash by travelling across Ireland to collect payments from customers of ‘The Family’. Once collected, the gangland financial controller’s role was… Read More
16th April 2021
Fraud squad detectives encountered a sinister blackmail plot when they launched an investigation into a former employee of the Central Bank, who allegedly committed fraud crimes after he set up a business to help clients apply for bank licences. The former Central Bank employee, who is in his 40s, was… Read More
12th April 2021
Bank of Ireland will allow asylum seekers to open bank accounts from May 14. A Bank of Ireland spokesperson told the Irish Independent that the bank is very aware that in some specific circumstances, a customer may not have documentation that’s normally required to open an account. It has now… Read More
12th April 2021
At 5am on a chilly Tuesday morning last month, 1,600 police officers and balaclava-wearing special forces, bristling with arms and battering rams, were ordered into action around the Belgian port city of Antwerp. More than 200 addresses were raided in what was the largest police operation ever conducted in the… Read More
12th April 2021
Up to one money mule on average is being arrested every day by fraud squad detectives investigating multiple different money laundering targets across the country. The problem is so extensive that officers from the Garda National Economic Crime Bureau (GNECB) plan to make 700 arrests in the coming months of people who have allowed… Read More
12th April 2021
Gardai investigating the alleged misappropriation of funds from the charity Bothar by its former chief executive are examining claims that other people might have been involved in fraud. Bothar secured a High Court order last week freezing the assets of David Moloney, its former boss, who quit in February after… Read More