Man arrested ‘on suspicion of money laundering’ released without charge

Gardaí attached to the Garda National Economic Crime Bureau arrested a man in his 20s on Tuesday

Update 8.47pm: A man who had been arrested “on suspicion of money laundering" has been released without charge.

Earlier: 7.15pm: A man has been arrested “on suspicion of money laundering,” gardaí said.

Gardaí attached to the Garda National Economic Crime Bureau (GNECB) arrested a man in his 20s on Tuesday.

Gardaí said that a search was conducted at a residence in Dublin 15 today and the man was arrested.

He is currently detained under Section 4 of the Criminal Justice Act, 1984 in Blanchardstown Garda Station.

A statement added: “Gardaí suspect the male is involved in the recruitment of money mules in the Dublin 15 area and the laundering of cyber-enabled frauds such as invoice redirect fraud and smishing (fraudulent text messages).” 

Gardaí added that investigations are ongoing.