Three men arrested following Garda investigation into international fraud and money laundering

Gardai investigating international fraud and money laundering have arrested three men.

The force's Assistant Commisioner says the arrests are "extremely significant".

Earlier today, two men aged 24 and 25 were arrested in the Lucan area of Dublin.

They are suspected of being part of an organised criminal network involved in international fraud and money laundering.

It is after a Spanish company was deceived into transferring significant amounts of money to an Irish bank account operated under a company name by the men.

Gardaí say most of the money has now been recovered.

Meanwhile, a third man aged 25 was arrested in Dublin city centre today.

He is suspected of deceiving an Irish company into transferring a significant amount to an account he controlled.

All three of the men are being held at Garda stations in Dublin, where they can be held for up to 24 hours.

- Digital Desk

More on this topic

Dublin gardaí seize weapons, including crossbow and shotguns, after three-day search operation

Man arrested in connection with fatal assault in Co Kerry

Gardaí to be 'far more assertive' in policing property repossession, Commissioner says

Public trust in An Garda Síochána still high despite scandals

More in this Section

Wedding guest smeared his blood in cell

Man knocked unconscious and left in pool of blood

Careless driving jury urged to ‘put sympathy aside’

Man had 80,000 child porn images


Lady Gaga splits with fiancé Christian Carino: Here’s how to navigate a broken engagement

As Zoella reveals she’s suffering from imposter syndrome, here are 4 tips for dealing with it

Living with arthritis? 7 tips for managing morning stiffness

Seven myths and truths about healthy skin

More From The Irish Examiner