Man appears in court charged in relation to alleged €5m investment fraud

A second man arrested as part of the investigation is still being questioned at Dún Laoghaire Garda Station.

A 40-year-old man has appeared in court charged in connection with an investigation into an alleged €5m investment fraud.

David Piele, a UK national with an address at Rectory Way in Bray, Co Wicklow was granted bail subject to certain strict conditions.