29th October 2020
Italian police and the European Anti-Fraud Office (OLAF) have uncovered an elaborate fraud scheme run by a criminal group with links to the mafia. The scheme spanned across seven different EU countries, including Ireland, with the group having committed fraud against EU rural development funds worth some €9.5m. It involved… Read More
29th October 2020
A married couple who are former solicitors created 60 false identities, donned disguises and paid homeless people for their PPS numbers in order to defraud banks and credit unions of several hundred thousand euro, Cork Circuit Criminal has heard. Keith Flynn (46) and Lyndsey Clarke (37), of Blarney Street in… Read More
21st October 2020
A Faberge egg-collecting Russian oligarch who the US has hit with financial sanctions is set to benefit from the Morrison government’s gas-led recovery, it can be revealed. And a mysterious company registered in secrecy-haven Delaware is also in line to reap dividends if one of the key gas basins the… Read More
12th October 2020
The widow of the late founder of suicide prevention charity Console has appeared in court charged with fraudulent trading and money laundering over a ten year period. The case of Patricia Kelly, 59, was mentioned briefly in Dublin circuit criminal court yesterday morning. Ms Kelly, of Alexandra Manor, Clane, Co… Read More
8th October 2020
Ireland is a “soft spot” for international money launderers and will continue to be used for nefarious purposes unless action is taken to stop it, UK-based financier and anti-corruption campaigner Bill Browder has said. Mr Browder, who was speaking to UCD’s Literary and Historical Society after receiving its James… Read More
25th September 2020
A fund that is listed on the Dublin Stock Exchange transferred $23.5 million (€20 million) to a company which a major US bank later became concerned might be linked to a notorious Russian gangster, according to a leaked report seen by The Irish Times. The report was filed in September… Read More
22nd September 2020
An unprecedented glimpse into the staggering amounts of suspect money that flow through the international banking system is revealed in leaked files from an agency of the US Department of the Treasury that have been seen by The Irish Times. The files show that the world’s largest banks play a… Read More
14th September 2020
Gardai believe the Kinahan crime cartel no longer controls the drugs trade in Ireland and has now been replaced with a gang led by Brian Grendon, a convicted heroin dealer from west Dublin, whose organisation is generating up to €5m a week. Grendon is presently the focus of Operation Compact,… Read More
18th August 2020
The Government is to transpose regulations aimed at preventing money laundering and terrorist financing, just over a month after the State was fined €2 million fine for delays in implementing the new EU rules. Minister for Justice Helen McEntee earlier this week received approval from Cabinet for the publication of… Read More
10th August 2020
In March, Interpol revealed details of a criminal scheme involving compromised emails, advance-payment fraud and money laundering across Germany, Ireland and the Netherlands. The case involved two sales companies in Zurich and Hamburg, contracted by German health authorities to procure face masks, that were duped into making payments to what… Read More