Cork-based businessman arrested in major fraud probe 

It is estimated €750,000 was withdrawn from ATMs in just the last two weeks. File picture

A major investigation is under way to gather information about a businessman living with his family outside Cork City who is at the centre of a fraud and money laundering probe.

The Nigerian national, who has Irish citizenship and has been living here for 20 years, was “unknown” to gardaí prior to intelligence of widescale suspect ATM withdrawals that led to his arrest.