Man held over fraud and money-laundering scam

Detectives are questioning a 49-year-old man in connection with a multi-million international fraud and money-laundering scam.

More than €1m in monies in bank accounts here have been frozen, while a further €4m in accounts abroad have been put beyond his use, it is understood.

The man, born in Britain but reared in Ireland, was arrested in Co Leitrim yesterday morning following a search of a house.